China News Service, March 25. The 2024 Annual Meeting of the China Development Forum will be held on March 24-25, 2024. The "Seminar on Opportunities for China's Sustainable Development and International Cooperation" was held on the morning of March 25. Jin Zhuanglong, Minister of the Ministry of Industry and Information Technology, said that looking to the future, China will promote the new industrialization process and accelerate the construction of a modern industrial system, which will unleash huge development Momentum will provide broad space for deepening international cooperation in industrial and supply chains, and will also provide important opportunities for companies from all over the world to innovate and start businesses in China.
Jin Zhuanglong pointed out that China's total industrial added value in 2023 will be close to 40 trillion yuan, accounting for 31.7% of China's GDP. The scale of manufacturing will account for more than 30% of the world's total, ranking first in the world for 14 consecutive years. The optimization and upgrading of industrial and supply chains has strongly supported the rapid growth of the national economy, significantly improved people's living standards, and provided key support for China to create the two miracles of rapid economic development and long-term social stability. Currently, China's economic development contributes more than 30% to world economic growth. It is a major partner of more than 140 countries and regions around the world and an important engine for global economic growth. Foreign-invested enterprises are an important part of China's industrial and supply chains. Their operating income and profits in China account for 20.4% and 23.4% respectively of China's large-scale industries, and account for 30.2% of China's total import and export. They play an important role in stabilizing China's industrial growth and plays an important role in promoting high-quality development.
Jin Zhuanglong said that looking into the future, China's promotion of the new industrialization process and the acceleration of the construction of a modern industrial system will release huge development momentum, provide broad space for deepening international cooperation in industrial and supply chains, and will also provide important opportunities for companies from all over the world to innovate and start businesses in China. . China will continue to expand high-level opening up, comprehensively lift restrictions on foreign investment in the manufacturing sector, deepen mutually beneficial cooperation with companies around the world, jointly promote the optimization and upgrading of industrial and supply chains, and jointly build a safe, stable, smooth, efficient, open, inclusive, and mutually beneficial A winning global industrial chain and supply chain system.