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E-mail China.org.cn, January 3, 2025
Shou Xiaoli:
The floor is now open for questions.
CCTV:
Statistics show that China's industrial production has demonstrated steady growth in the first three quarters of this year. How do you evaluate the development of the industrial economy in the first three quarters? What measures will be taken to ensure sustained industrial growth? Thank you.
Zhao Zhiguo:
Thank you for your questions. Since the beginning of this year, under the strong leadership of the CPC Central Committee with Comrade Xi Jinping at its core, we have taken the initiative and made concerted efforts with all regions and relevant departments to accelerate the pace of new industrialization and promote the smooth operation of the industrial economy in the first three quarters. Specifically, there are three main characteristics:
First, industrial production has maintained steady growth. We have actively promoted the implementation of policies that have been issued. In the first three quarters, the added value of industrial enterprises above designated size increased by 5.8% year on year, and the total industrial added value accounted for 31.8% of GDP. Second, key industries and regions have been key drivers of overall growth. We have thoroughly implemented the work plan for stabilizing growth in 10 key industries, and given full play to the key supporting role of major industrial provinces and cities. The four industries of electronics, nonferrous metals, chemicals and automobiles have contributed nearly half of the growth in industrial production. The growth rate of nine major industrial provinces exceeded the national average. Zhengzhou, Shaoxing, Wenzhou, Hefei and other major industrial cities achieved double-digit growth. Third, the momentum of development continues to accumulate. We have prioritized equipment renewal and technological transformation in the industrial field, and promoted the transformation of scientific and technological achievements into productive applications. Capital expenditure on equipment and tools has increased by 16.4% year on year. The output of artificial intelligence (AI) chips, servers and other products with high technical content and high added value has grown rapidly.
Next, we will strive to fully implement the decisions and arrangements of the Party Central Committee, with a priority on the key task of accelerating new industrialization. We will make greater efforts to stabilize growth, expand demand, increase growth momentum and improve the environment.
To stabilize the overall performance in industrial development, we will further promote the implementation of the work plan for stabilizing growth in 10 key industries. We will support major industrial provinces and cities to consolidate their advantages and take on their major responsibilities. At the same time, we will facilitate industrial transfer and development in northeastern, central and western provinces, enhance their ability to undertake industrial transfer and promote regional coordinated development.
To expand effective demand, we will promote the construction of major projects in the 14th Five-Year Plan (2021-2025) and accelerate their implementation. We will increase efforts to promote the consumption of smart home appliances, coordinate with various regions to accelerate the implementation of trade-in policies for cars and electric bicycles, continue to implement relevant activities, such as stimulating spending on new energy vehicles (NEVs) in rural areas, and fully stimulate the market potential.
To enhance development momentum, we will carry out major technological upgrading and large-scale equipment upgrading projects in the manufacturing industry and large-scale equipment renewal projects, and promote the digital transformation of the manufacturing industry. We will accelerate efforts to promote high-quality development of key industrial chains, major national sci-tech projects, and key national R&D plans to achieve more landmark results. We will study and formulate policies and measures to enhance the technological innovation capabilities of industries, and promote the deep integration of technological and industrial innovation. We will foster and strengthen the low-altitude economy, commercial aerospace, bio-manufacturing and other new industries and new arenas.
To optimize the development environment, we will continue to promote the reduction of enterprise costs and carry out a series of special actions to serve small- and medium-sized enterprises (SMEs). We will strengthen industry guidance, strengthen standard quality guidance, enhance industry self-discipline and actively prevent "involution-style" vicious competition. We will continue to improve the normalized communication and exchange mechanism for enterprises, coordinate and solve problems and appeals, and strengthen enterprises' confidence in development. Thank you.
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