Industrial investment picked up in the first 10 months

In recent years, although the service industry has become a new engine of economic growth, the industrial manufacturing industry is still the foundation of economic development. According to the data released by the National Bureau of statistics on January 14, from January to October, China's fixed asset investment (excluding farmers) was 51088 billion yuan, up 5.2% year-on-year, 0.2 percentage points lower than that from January to September. In terms of different industries, the investment in the primary industry is 1137.5 billion yuan, down 2.4% year-on-year, 0.3 percentage points higher than that from January to September; the investment in the secondary industry is 1520.2 billion yuan, up 2.3%, 0.3 percentage points higher; the investment in the tertiary industry is 34748.5 billion yuan, up 6.8%, 0.4 percentage points lower. Among them, the acceleration of investment growth in secondary industry is undoubtedly a bright spot.

In the secondary industry, industrial investment increased by 3.5% year-on-year, 0.3 percentage points faster than that from January to September. Investment in power, heat, gas and water production and supply industries increased by 1.9% and 1.5% faster. Investment in manufacturing increased by 2.6% and 0.1 percentage point. The growth rate of investment in basic industry and manufacturing industry has rebounded, which is also a bright spot of China's economic development. At the same time, since this year, from the state to the local level, they have attached great importance to the development of manufacturing industry, and have issued various policies and measures to promote the high-quality development of manufacturing industry. On October 30 this year, the national development and Reform Commission revised and issued the Guiding Catalogue of industrial structure adjustment (2019 version). The head of the Industrial Development Department of the national development and Reform Commission said that one of the key points of this revision is to promote the high-quality development of the manufacturing industry. Put the high-quality development of manufacturing industry in a more prominent position, accelerate the transformation and upgrading of traditional industries, and vigorously cultivate and develop emerging industries. Among them, there are more than 900 entries related to manufacturing industry in the catalogue (2019 version), accounting for more than 60% of the total entries.

There was originally a view that the higher the proportion of the third industry, the more modern it is. This is wrong. " Peng Peng, vice president of Guangdong Institute of restructuring, analyzed the first finance and economics. The higher the proportion of the third industry is, the better. The hollowing out of industry is very dangerous. For a large economy, the manufacturing industry should maintain a considerable proportion. In local and local areas, advanced manufacturing industry has been developed. On November 5, Shenzhen held a press conference on the global promotion plan of industrial land, announcing that it will launch 30 square kilometers of industrial land in one time, with a total of 25 parcels of land. It is worth noting that in view of the 30 square kilometers of industrial land, on the basis of the previous policies, we have also focused on the selection of emerging frontier areas in the eve of the industrial outbreak, and Shenzhen has a certain industrial foundation, including five key areas, including biomedicine, integrated circuit, 5g Mobile communication, 8K ultra-high-definition video, and introduced a number of policy measures accurately.

In September, Hangzhou held a mobilization Conference for the full implementation of the "new manufacturing plan" and issued several opinions on the implementation of the "new manufacturing plan" to promote high-quality development (Draft for comments). According to the opinion, by 2025, the total industrial output value of Hangzhou will reach 25000 billion yuan, and the added value of industries above Designated Size will reach 680 billion yuan, with an average annual growth rate of 10%; the city's enterprises will enter 30 of China's top 500 enterprises, 40 of China's top 500 manufacturing enterprises, etc. It is an important direction for Hangzhou to drive the development of digital manufacturing industry by digital service industry. In recent years, Guiyang, with the booming development of big data industry, is also relying on big data industry to drive the development of related manufacturing industry. In the past year, Guiyang has focused on the deep integration of big data development with the real economy. In August this year, Guiyang proposed to develop six major industries, namely, advanced equipment manufacturing, high-end consumer goods manufacturing, new energy industry, new material industry, digital industry and health medicine industry. In Nanjing, the central city with service industry accounting for more than 60% has put the industrial economy in a prominent position. Nanjing's leaders have repeatedly stressed the importance of industry to the economy. Peng Zhimin, director of the Yangtze River Basin Economic Research Institute of Hubei Academy of Social Sciences, analyzed with the first financial reporter that for the vast majority of cities in China, the manufacturing industry will still occupy a considerable proportion for a long time in the future. For big cities and central cities, we need to develop high-end manufacturing industry when the cost of land and manpower is rising. According to Peng Peng, for different cities, the focus of manufacturing industry development is different. Each city should choose its own industry according to its own resource endowment and development orientation. The central city should focus on high-tech industry and modern service industry. At the same time, the general manufacturing industry still has a large development space in the third, fourth and fifth tier cities.