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The added value of China's manufacturing industry accounted for 27.4% of GDP! Pick up for the first time in recent years!


China's manufacturing scale has maintained the world's first place for many consecutive years, playing an irreplaceable role in driving economic development and participating in international competition. It is worth noting that the proportion of China's manufacturing added value to GDP decreased from 28.07% in 2016 to 26.29% in 2020. Although the decline in the proportion of manufacturing industry is a global phenomenon, compared with developed countries, the proportion of China's manufacturing industry is characterized by premature and rapid decline, and it has been in a trend decline in recent years, which should be highly vigilant.

It is necessary to correctly analyze the reasons behind this phenomenon.

On the one hand, with the continuous improvement of the level of industrial division of labor, the non-manufacturing links in the traditional manufacturing industry will continue to be separated and divided into the service industry, resulting in a structural decline in the proportion of manufacturing.

On the other hand, in recent years, China's service industry has developed rapidly, especially emerging industries driven by digital technology have become a strong driving force for the growth of the service industry. Many developed countries will also experience a decline in the proportion of manufacturing after experiencing a complete industrialization process. However, China is still a developing country, the industrialization process has not yet ended, the industrial chain supply chain is still at the low-end level, in this case, the proportion of manufacturing industry is falling too fast, an important reason is that there is a tendency to dematerialize, that is, the development imbalance between manufacturing and virtual economy.

Maintaining the stability of the proportion of manufacturing has become an important issue at present. The 14th Five-Year Plan and the outline of the long-term goals for 2035 emphasize that the proportion of manufacturing industry should be basically stable; In the 2022 local government work report, the proportion of manufacturing is also frequently mentioned. The reason why we should attach great importance to maintaining the stability of the proportion of manufacturing is because manufacturing is the most important and basic part of the real economy, the lifeblood of the national economy, and the foundation of building a country and a strong country. Only when the manufacturing industry is stable can the real economy be stable.

The key to maintaining the proportion of manufacturing industry is to continuously enhance the resilience of the industrial chain and supply chain. In recent years, the global economic development is facing downward pressure, countries around the world re-realize the important role of manufacturing in driving economic growth and creating jobs, many Western developed countries have proposed to revitalize the manufacturing industry, China's manufacturing development is facing the double squeeze of developed countries and developing economies. Therefore, we must focus on maintaining the stability of the proportion of manufacturing and improving the stability and competitiveness of the industrial chain and supply chain. It is necessary to vigorously forge long plates and consolidate and enhance the leading position of advantageous industries. It is necessary to focus on making up for shortcomings, deeply implement the industrial infrastructure reengineering project, establish an independent, controllable, safe and reliable domestic production and supply system in the field related to national security, and ensure that "the chain does not fall off" at critical moments.

Maintain a stable proportion of manufacturing, focusing on enhancing the core competitiveness of the manufacturing industry. China is the country with the most sound industrial system in the world, and the added value of manufacturing has ranked first in the world for 11 consecutive years. At present, China has embarked on a new journey to achieve the second centennial goal, and the comprehensive construction of a modern socialist country has put forward new and higher requirements for the development of the manufacturing industry. In the new stage of development, to maintain the stability of the proportion of manufacturing, we should not unilaterally pursue the growth of manufacturing scale, but should pay more attention to improving quality and efficiency. The digital transformation of the manufacturing industry is a good starting point to enhance competitiveness, and it is necessary to carry out a pilot demonstration of the integration of a new generation of information technology and manufacturing, cultivate the digital technology application capabilities of enterprises, promote the deep integration of advanced manufacturing and modern service industries, and develop service-oriented manufacturing. Strengthen the research of key core technologies, accelerate the construction of key technologies and product innovation ecosystems, and promote the high-end, intelligent and green development of the manufacturing industry.

Summary:

China's manufacturing scale has maintained the world's first place for many consecutive years, playing an irreplaceable role in driving economic development and participating in international competition.

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Time:

2023-10-23

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