How has the industrial economy performed in the first three quarters? How will the stable industrial policies be implemented? How will the new quality productivity be cultivated? Officials from the Ministry of Industry and Information Technology responded at a press conference held by the State Council Information Office.

Industrial growth remains stable, with new momentum continuously accumulating.

Zhao Zhiguo, Chief Engineer of the Ministry of Industry and Information Technology, stated at the meeting that the industrial economy has maintained stable operation in the first three quarters, with the industrial structure continuously optimized and new productive forces developing rapidly. Data released at the meeting showed that the value-added of industrial enterprises above a designated size increased by .% year-on-year in the first three quarters, playing a "stabilizing role" in macroeconomic growth, contributing nearly 40% to the overall growth. The growth rate exceeded 90% in provinces (regions, municipalities) and major industrial sectors. Industrial investment has maintained double-digit growth for consecutive months.

Industrial production has remained stable, primarily due to the strong support of key industries. Data shows that the equipment manufacturing and high-tech manufacturing sectors have grown rapidly, with their added value accounting for a higher proportion of the total industrial added value of large-scale enterprises compared to the previous year. The electronics, non-ferrous metals, chemical, and automotive industries have contributed nearly half to the growth of industrial production. In the automotive sector, the added value of the automotive industry increased by .% in the first three quarters. Driven by policies promoting the replacement of old consumer goods with new ones, consumption of various electronic and digital products has seen significant growth recently. From January to November, the added value of the electronic information manufacturing industry above a certain scale increased by .%. The domestic market saw the shipment of . billion mobile phones, an increase of .% year-on-year.

It is worth noting that new momentum is continuously accumulating, and the industrial structure is continuously optimizing. In the first three quarters, production and sales of new energy vehicles increased by .% and .% year-on-year, respectively. China has undertaken more than % of the global orders for green ships and achieved full coverage of mainstream ship types. Currently, the output value of national green factories accounts for more than % of the total manufacturing output value, and it is expected that the total output value of the environmental protection equipment manufacturing industry will approach one trillion yuan for the whole year.

It is also important to recognize that the risks and challenges brought about by the current changes in the external environment have significantly increased, with some enterprises facing difficulties in their operations. Zhao Zhiguo stated that the next step will involve greater efforts in stabilizing growth, expanding demand, boosting momentum, and optimizing the environment. The implementation of the work plan for stabilizing growth in ten key industries will be further advanced, supporting major industrial provinces and cities in consolidating their strengths and taking on greater responsibilities, promoting the construction of major projects outlined in the 14th Five-Year Plan, and accelerating the formation of physical work progress. Major technological transformation upgrades and large-scale equipment renewal projects in the manufacturing sector will be deeply implemented, policies to enhance industrial technological innovation capabilities will be formulated, and new industries and new tracks will be cultivated.

Promote Achievement Transformation and Drive Innovation Development

Megawatt offshore wind turbines successfully connected to the grid and generating power, megawatt-class heavy-duty gas turbines successfully ignited... This year, major innovative achievements in the industrial sector have been continuously emerging. The acceleration of the industrialization of scientific and technological achievements is inseparable from the growth of business entities and the development of the technology service industry. In the first few months, the revenue profit rate of specialized and sophisticated "little giants" among large-scale industrial enterprises reached .%, higher than the average level of large-scale industrial enterprises. In the first three quarters, the total transaction value of national technology contracts reached . trillion yuan, an increase of .% year-on-year, with technology transactions remaining active.

The industrial sector is actively promoting equipment upgrades and technological transformation, with the output of high-tech and high-value-added products such as artificial intelligence chips and servers growing rapidly. To drive innovation and development in enterprises, relevant departments and financial institutions have launched industrial-financial cooperation, implemented re-lending for technological innovation and transformation, and optimized the policy of no-repayment renewal loans. Tao Qing, Director of the Operation Monitoring and Coordination Bureau of the Ministry of Industry and Information Technology, introduced that the national industrial-financial cooperation platform provides customized and intelligent financial services, sets up special zones for industrial transfer and advanced manufacturing clusters, and has helped enterprises achieve financing exceeding one trillion yuan.

Tao Qing said that the Ministry of Industry and Information Technology will continue to deepen cooperation between industry and finance, urgently formulate and introduce policy documents on financial support for new industrialization, and implement the special initiative of "integration of science, technology, industry, and finance", guiding social capital to provide multi-channel and sustainable funding guarantees for key areas and critical links. From the meeting, it was learned that the integrated technology market is accelerating its cultivation, and innovation achievements are being rapidly applied. Zhao Zhi Guo said that the selection of advanced and suitable technologies will be carried out, and the work guidelines for the "first use, then pay" of scientific and technological achievements will be jointly studied and formulated with relevant departments, guiding universities and research institutions to license scientific and technological achievements to enterprises for use.

Digital transformation accelerates

Our country vigorously promotes the coordinated development of new information infrastructure such as networks, computing power, and artificial intelligence. According to statistics, by the end of the month, a total of . million base stations have been built, with a user penetration rate of .%, and . million households have access to gigabit broadband, achieving "every county connected to gigabit, every township connected to 5G, and every village connected to broadband." The accelerated development of information infrastructure and digital industries not only cultivates new economic growth points but also accelerates the pace of manufacturing transformation and upgrading.

As reported, the industry applications have now covered all major sectors of the national economy, indirectly driving a total output of about trillions of yuan, with over 10,000 "Industrial Internet +" projects. There are nearly 100 generative artificial intelligence service models that have completed filing and are online to provide services to the public. The Ministry of Industry and Information Technology has been actively implementing the manufacturing digital transformation initiative, cultivating 300 national-level smart manufacturing demonstration factories, and establishing over 10,000 provincial-level smart factories.

Zhao Zhi Guo stated that the Ministry of Industry and Information Technology will accelerate the research and development of key core technologies, continuously promote the development and product development of technologies such as evolution (-) and non-terrestrial networks (), and proactively position and innovate in fields such as artificial intelligence, quantum information, and more. It will promptly introduce follow-up policies on large-scale application and high-quality development of industrial internet, continuously build high-level factories, and carry out pilot construction of integration application pilot zones for " + Industrial Internet".