China News Service, November 25th (China New Finance and Economics reporter Wu Tao) On the 24th, at the "Stabilizing the Economic Market and Strengthening the Industrial Economy" salon held by the China-Singapore Forum, Liu Xingguo, deputy director of the Research Department of the China Enterprise Confederation, said, 2023 should be a year full of hope for industrial economic recovery and revitalization.

  Recently, the Ministry of Industry and Information Technology, the National Development and Reform Commission, and the State-owned Assets Supervision and Administration Commission of the State Council jointly issued the "Notice on Consolidating the Recovery and Reinvigorating the Industrial Economy".

Liu Xingguo pointed out that one of the key points of the "Notice" is to emphasize the importance of the industrial economy. The industrial economy must maintain a certain proportion. If there is no development of the industrial economy, the service industry may also be affected.

  Looking forward to next year, Liu Xingguo said that in 2023, the opportunities and motivation for industrial economic development may come more from the domestic market.

There are two factors that support this view. First, domestic investment will definitely increase next year, and infrastructure investment, real estate investment, and some fixed asset investment of other enterprises should all increase. Second, domestic consumers may have a release of consumption demand. The trend will drive the demand for industrial consumer goods to show a growth trend.

  In addition to the domestic market, Liu Xingguo believes that the demand for Chinese industrial products in the international market is also showing an overall growth trend.

After the "Notice" pointed out that "stabilizing the export of industrial products" and some foreign trade stabilization policies introduced by other departments are implemented, the release of policy dividends will definitely form a strong support for the steady growth of China's industrial product exports in 2023.

  He said that since the beginning of this year, European energy prices have risen sharply, which has driven up the cost of European manufacturing, and has risen sharply.

The rise in manufacturing costs in Europe is definitely a positive for China's industrial export growth, as Chinese industrial products have a cost advantage.

On November 24, the China-Singapore Forum held a salon on "stabilizing the economic market and strengthening the industrial economy".

The one on the right is Liu Xingguo, deputy director of the Research Department of the China Enterprise Confederation.

Photo by Li Peiyun

  In addition, the "Notice" proposes to give full play to the "pillar" role of large enterprises, strengthen support for the development of small and medium-sized enterprises and private enterprises, and strengthen the service guarantee for foreign-funded enterprises.

Why should we emphasize the implementation of policies by enterprises?

  In this regard, Liu Xingguo said that different types of enterprises have different characteristics and can play different roles in the process of stabilizing the industrial economy. He emphasized that the implementation of policies by separate enterprises is just taking this factor into consideration.

  "The central industrial enterprises are huge in size. Under the support of this advantage, they have strong development resilience and strong ability to withstand pressure. They have played a very important role in implementing major national strategic deployments and how to deal with major overall risks and challenges. It can be said that they have a strong leading role in development at any time, so we must pay attention to their role in the process of revitalizing the industrial economy." Liu Xingguo said.

  Liu Xingguo believes that for small and medium-sized enterprises and private enterprises, it is necessary to give full play to their own advantages and develop towards "specialization, specialization and innovation". Therefore, the focus of assistance is to guide them to develop in the direction of specialization, specialization and differentiation.

Small and medium-sized private enterprises, in particular, are relatively vulnerable to development. As policymakers, more consideration is to solve the financial difficulties and cost pressures they face.

  "Foreign-funded enterprises are very different from central industrial enterprises and private enterprises. They are more concerned about whether they can enjoy the treatment enjoyed by local Chinese enterprises. In this regard, the focus of assistance is to do a good job in service guarantee so that they can feel at ease. to invest and develop in the Chinese market." Liu Xingguo said.

(Finish)