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Home > News > Valuable News > The fourth quarter of industrial economic operation will be better

The fourth quarter of industrial economic operation will be better

ECHEMI 2020-03-17

When introducing the development of the industrial communication industry in the first three quarters of 2019, the relevant director of the Ministry of industry and information technology said yesterday in the State Council's new office that the industrial economic operation in the fourth quarter will be better than that in the third quarter in general, and he believed that he could complete the target tasks of the whole year. According to data released by the National Bureau of Statistics recently, the growth rate of added value of industries above Designated Size in the first three quarters was 5.6%, of which the growth rate in the third quarter was 5%, 1.5% and 0.6% lower than that in the first and second quarters respectively. Huang Libin, director of the operation monitoring Coordination Bureau and spokesman of the Ministry of industry and information technology, said that this was in the expected target range of 5.5% - 6% of the year, and the economic indicators reflecting the adjustment of industrial structure and the growth of new driving forces performed well. Since this year, the industrial economy has maintained an overall stable running trend. Since this year, the growth rate of major economies such as the United States, Europe and Japan has generally fallen, geopolitical uncertainties have increased, and the impact of economic and trade frictions has deepened. Huang Libin said that with the timely improvement of the "six stability" policy measures, vigorously expanding the international and domestic market, effectively hedging against the adverse factors, the policy effects gradually emerged, the confidence of market players increased, and the economic stability situation continued to consolidate.

 

Statistics show that the utilization rate of industrial capacity in the third quarter is 76.4%, which is the same as that in the second quarter; the added value of industries above Designated Size in September increased by 5.8% year-on-year, 1.4 percentage points higher than that in August; the profit of Industrial Enterprises above Designated Size in the first eight months decreased by 1.7% year-on-year, but the decrease rate was 0.7 percentage points lower than that in the first half of the year. According to Huang Libin's analysis, the growth rate of added value of industries above Designated Size in September is much higher than that in August. There are three main reasons: first, the central government has taken a series of counter cyclical macro-control measures, and focused on solving the problem of "the last public mile" in the implementation of the policy. The effect of large-scale tax reduction and fee reduction is also concentrated in the near future, and has been improved in time. "Six stability" policy measures. Second, more efforts have been made to stabilize growth. Third, the impact of export grabbing. Although the delivery value of industrial exports fell in September by 0.7%, it was 1 percentage point lower than that in August. I personally believe that these positive factors in the economic operation will continue to appear in the fourth quarter, and the industrial economic operation in the fourth quarter will certainly be better than that in the third quarter. I believe that we can complete the target tasks of the whole year. Huang Libin said.

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