Promote the steady growth of the industrial economy with greater efforts (People's Times Commentary)

  Only with stronger and more effective measures to continue to help enterprises to rescue and develop, can we better consolidate the foundation of "stability", accumulate the strength of "progress", hold the bottom line of "guarantee", and ensure that the industrial economy operates within a reasonable range throughout the year

  Today, China has the most complete and largest industrial system in the world, a super-large market advantage and the largest R&D team, which together build a solid foundation for the steady growth of the industry

  Jiangxi started the "project battle" in the industrial field, and paid close attention to project construction; all industrial enterprises above designated size in Guizhou have resumed work and production, and the operating rate has reached 100%... Looking at the present, the industrial field across the country is showing a busy new atmosphere, and all localities are targeting industries Upgrade "Xintiandi" and erect the "hard backbone" of the industrial chain.

  Industry is the main body of the national economy, and a stable industry leads to a stable economy.

In the fourth quarter of 2021, the added value of industries above designated size across the country has steadily rebounded, and both industrial investment and profits of designated industrial enterprises have maintained double-digit growth throughout the year, demonstrating the strong resilience of my country's economy and the broad room for manoeuvre to cope with pressure and challenges.

In order to consolidate the growth momentum of the industrial economy, 12 departments including the National Development and Reform Commission and the Ministry of Industry and Information Technology jointly issued the "Several Policies on Promoting the Steady Growth of the Industrial Economy". The 18 specific content items are aimed at addressing and solving pain points, and anchoring the problems of contracting the operation of the industrial economy. Efforts will be made to promote the smooth operation and quality upgrading of the industrial economy.

  Driven by policies, the boosting effect has continued to emerge, but the current stable recovery of the industrial economy is still not solid, and the steady growth of the industry is still facing problems such as the spread of the new crown pneumonia epidemic, rising raw material prices, and tight factor supply.

Only with stronger and more effective measures to continue to help enterprises to bail out and develop, can we better consolidate the foundation of "stability", accumulate the strength of "progress", hold the bottom line of "guarantee", and ensure that the industrial economy operates within a reasonable range throughout the year.

  Injecting impetus into the relief of difficulties for enterprises, the "policy package" for reducing the burden is indispensable.

Although the efficiency level of industrial enterprises has steadily improved last year, the downstream industries, especially small and micro enterprises, are still under great operating pressure.

Taking cost reduction as a breakthrough, and further implementing the bailout policy for enterprises, will not only help enterprises to ensure delivery, strengthen R&D, and focus on transformation, but also enhance market confidence, boost development expectations, and activate the initiative of market players to innovate and create.

Policies such as reducing the social security burden of enterprises and increasing loans to small and micro enterprises are aimed at implementing targeted policies and making precise efforts, so that the majority of market players can increase their confidence in facing difficulties from the assistance policies that have the most direct experience and the quickest effect.

  In order to provide a "booster" to enhance the development potential, it is also necessary to lead the "bull nose" of investment.

Last year, the investment in my country's manufacturing industry increased by 13.5% year-on-year, and the investment in technological transformation of the manufacturing industry increased by 13.6% compared with the previous year. The scale of investment continued to expand and the structure continued to be optimized.

With the continuous enhancement of the driving role of innovation, the trend of industrial upgrading and development, and the continuous increase of corporate innovation investment, the investment prospect can be said to be good in the long run.

Under such circumstances, it is necessary to carry out infrastructure investment moderately ahead of time, but also to expand precise and effective investment, rationally guide capital investment, promote the high-end, intelligent and green development of traditional industries, and cultivate for the long-term development of enterprises and industrial optimization and upgrading new growth point.

  To make the "visible hand" more powerful, we must take the first step of enhancing policy supply and the key step of policy implementation.

To ensure that various bailout policies benefit the majority of market players, it is necessary to use "combination punches" and "chain strokes" to make various good policies of various departments form a synergy, and to launch more targeted packages as soon as possible in light of the actual conditions of various regions. Taking measures to improve operability, with the momentum of grasping iron and traces, the favorable policies can be effectively transformed into the development thrust of the market.

  Today, China has the most complete and largest industrial system in the world, a super-large market advantage and the largest R&D team, which together build a solid foundation for the steady growth of the industry.

The steady and healthy development of the majority of market entities and efforts to enhance the core competitiveness of the manufacturing industry will surely give better play to the role of industry as a "ballast stone" and bring together the vigorous forces of high-quality development of China's economy.

  Han Xin