Ministry of industry and information technology: industrial economic growth

The head of the Ministry of industry and information technology disclosed at the press conference on the development of industrial communication industry in the first three quarters of 2019 held by the Information Office of the State Council this morning that the added value of industries above Designated Size in the first three quarters of the country increased by 5.6% year-on-year, keeping within the expected annual target range. In the first three quarters of this year, the declining trend of corporate benefits slowed down. In the first eight months, the profit of Industrial Enterprises above designated size decreased by 1.7% year-on-year, 0.7% lower than that in the first half of the year. The leverage ratio of enterprises continued to decrease. At the end of August, the asset liability ratio of enterprises was 56.8%, a year-on-year decrease of 0.5 percentage points. At the same time, there are positive changes in the operation of key industries. In the first three quarters, the industrial added value of raw materials industry increased by 7% year on year, 2.3 percentage points higher than the same period last year. Among them, steel, nonferrous metals and building materials accelerated by 5.4, 3.5 and 5.9 percentage points respectively. In the first eight months, the profits of consumer goods industry and machinery industry (excluding automobile) increased by 7.2% and 11.8% respectively year on year.

The business environment of enterprises continued to be optimized, and the operation of private and small and medium-sized enterprises improved. In the first three quarters, the added value of private and small and medium-sized industrial enterprises increased by 8% and 7.1% respectively, faster than the overall industrial growth. By the end of September, more than 480 billion yuan had been paid off in arrears to small and medium-sized private enterprises. The ability of information industry to support economic and social development has been enhanced. According to the constant price of the previous year, the total volume of telecommunication business in the first three quarters increased by 23.9% year-on-year; the business income of software and information technology service industry in the first eight months increased by 14.9% year-on-year. Three basic telecommunication enterprises and China Tower Co., Ltd. completed a total of fixed asset investment growth of 10.2% year-on-year. As of the end of September, the proportion of fixed broadband access users above 100m has reached 80.6%, 10.3 percentage points higher than that of the end of last year, and the effect of network acceleration is obvious. 5g business started well. By the end of September, three basic telecommunication enterprises had opened more than 80000 5g base stations nationwide. In addition, with the deepening integration of industrialization and information technology, the industrial Internet platform is also growing. At present, the average number of equipment connections of key industrial Internet platforms has reached 650000. At present, the popularity rate of enterprise digital R & D and design tools has reached 69.3%, and the numerical control rate of key processes has reached 49.5%.