The proportion of added value in GDP continues to increase——
"Three New" Economy Shows Surging Power
Our reporter Xiong Li
According to data released by the National Bureau of Statistics on July 6, in 2020, despite the huge impact of the new crown pneumonia epidemic and the severe and complex international situation, my country's new industries, new formats, and new business models will continue to grow.
According to calculations, the added value of my country’s “three new” economy in 2020 is 1,69254 billion yuan, an increase of 4.5% over the previous year (without deducting price factors), which is 1.5 percentage points higher than the current GDP growth rate in the same period; The proportion of GDP was 17.08%, an increase of 0.7% over the previous year.
"Three new" economic performance is dazzling
The "three new" economy is a collection of economic activities with new industries, new business formats, and new business models as the core content.
In 2020, my country's "three new" economic performance will be outstanding.
In terms of three industries, in the "three new" economy, the added value of the primary industry was 742.3 billion yuan, an increase of 11% over the previous year, accounting for 4.39%; the added value of the secondary industry was 7348.7 billion yuan, an increase of 4.3 over the previous year %, accounting for 43.42%; the added value of the tertiary industry was 8834.5 billion yuan, an increase of 4.2% over the previous year, accounting for 52.2%.
Wen Bin, chief researcher of China Minsheng Bank, believes that the gradual increase in the proportion of the "three new" economic added value in GDP is not only an objective requirement for high-quality economic development in China, but also a concrete manifestation of high-quality economic development.
"In recent years, China has implemented supply-side structural reforms, accelerated the optimization of the supply system, especially the promotion of digital applications, and promoted the rapid development of the'three new' economy, showing a good momentum." Liu Xiangdong, deputy director of the Economic Research Department of China International Economic Exchange Center Said that in 2020, facing the impact of the epidemic, China will actively cultivate new drivers of development and adopt more convenient measures to promote the digital transformation of industrial enterprises, which not only promotes the resumption of work, production, business and the market, but also effectively promotes the development of digital industries and the development of digital industries. , To promote the stabilization of the economy and the improvement of stability.
According to Pan Helin, Executive Dean of the Digital Economy Research Institute of Zhongnan University of Economics and Law, driven by the "three new" economy, economic productivity has increased significantly, demand has become more diversified, and the market has been further activated.
In the future, in addition to meeting the increasingly diversified needs of domestic consumers, the "three new" economy will also become an important part of my country's service trade exports.
Innovation momentum continues to increase
Experts believe that the vigorous development of new kinetic energy with the "three new" economy as the mainstay is closely related to my country's insistence on deepening reforms to activate power and to promote innovation.
In recent years, my country has continued to deepen the reform of decentralization, regulation, and service, deepening the reform of the market-oriented allocation of factors, strengthening the status of enterprises as the mainstay of innovation, continuously increasing support for scientific and technological innovation, continuous emergence of major scientific and technological achievements, and effective market innovation.
In 2020, my country's research and experimental development (R&D) expenditures will increase by 10.3% over the previous year, maintaining double-digit growth for five consecutive years; the ratio to GDP is 2.4%, an increase of 0.16 percentage points over the previous year.
The World Intellectual Property Organization report shows that my country will continue to rank 14th in the Global Innovation Index in 2020, and it is the only middle-income economy among the top 30.
The new economy and new kinetic energy have grown against the trend, and new industries and new products have developed rapidly.
In 2020, the added value of my country's high-tech manufacturing industry above designated size will increase by 7.1% over the previous year, which is 4.3 percentage points faster than that of all industries above designated size.
The rapid growth of the new economic model, which relies on the development of technologies such as the Internet, cloud computing, and big data, has shown great development potential in responding to the impact of the epidemic.
In 2020, the online retail sales of physical goods increased by 14.8% over the previous year, accounting for 24.9% of the total retail sales of consumer goods, an increase of 4 percentage points over the previous year.
Ning Jizhe, director of the National Bureau of Statistics, recently stated that since this year, under the guidance of the innovation-driven development strategy, my country's technological innovation capabilities have been continuously enhanced, new industries, new business formats, and new business models have flourished to adapt to diversified consumer needs and promote the formation of high quality Supply has increasingly become a powerful source of power to promote high-quality development.
Statistics show that in May this year, the added value of high-tech manufacturing industries above designated size increased by 13.1% on average in two years, which was significantly faster than the growth rate of all industries.
From January to May, the two-year average growth of investment in high-tech industries was 13.2%, which was also significantly faster than the overall investment growth.
New business formats are developing rapidly, and platform economy and online retailing continue to be active. From January to May, online retail sales of physical goods increased by an average of 15.6% in two years, which was significantly faster than the growth rate of total retail sales of consumer goods.
The production of high-tech products continued fast. In May, smart watches, industrial robots, service robots, carbon fiber and their composite materials increased by 87.5%, 50.1%, 49.2%, and 43.3% respectively.
Promote the healthy development of the "three new" economy
In recent years, in accordance with the requirements of the Party Central Committee and the State Council, the National Bureau of Statistics has actively promoted the "three new" economic statistical surveys.
In 2018, my country released the national "three new" economic added value data for the first time. In 2017, the national "three new" economic added value was 12,297.8 billion yuan.
From 2018 to 2020, this value will be 1,45369 trillion yuan, 16,192.7 billion yuan, and 1,69254 billion yuan respectively.
Pan Helin believes that through the "three new" economic value added data, the overall situation and development trend of my country's "three new" economic development can be visually displayed, and it can better reflect the achievements of scientific and technological innovation and the quality of economic development, and help the government to make real-time decisions. Follow-up will help the outside world better understand the Chinese economy.
At the same time, it can also encourage my country's economy to further advance in the "three new" economic fields, and promote the continuous optimization of the economic structure with diversified development formats, products and models.
"In recent years, although the proportion of the'three new' economic added value in GDP has been increasing, it is still relatively low relative to the total economic volume. Accelerating the construction of a new dual-cycle development pattern and promoting the high-quality development of China's economy are still We should further increase investment and policy support in the'three new' economy, and further increase the proportion of the'three new' economy." Wen Bin believes.
Wen Bin suggested that it is necessary to further streamline administration and delegate powers, liberalize market access, increase fiscal and tax policy support, and encourage and guide more market entities to enter the "three new" economic fields.
At the same time, the financial sector must also innovate products and services, in particular, make good use of the role of the capital market, continue to increase the proportion of the "three new" economic output, and promote high-quality economic development in China.
Liu Xiangdong believes that it is necessary to further deepen reforms, guide supply to better meet demand, create best practice application scenarios, and focus on solving the pain points and difficulties of expanding consumption.
At the same time, it is necessary to effectively solve the financing difficulties in the "three new" economic development and straighten out the system and mechanism of the "three new" economic development.
Pan Helin reminded that the "three new" economy must be stimulated and regulated.
In the future, in the process of advancing the "three new" economy, it is necessary to advance the rules, promote the development of industry standards, and pay attention to preventing the risks that technology and new industries may bring.
While focusing on efficiency, it is necessary to take into account fairness in order to promote the harmonious development of society and common prosperity.