• Quality and efficiency continue to improve industrial development momentum

We resolutely advanced supply-side structural reform and maintained a steady momentum of industrial growth. We will unswervingly cut overcapacity and vigorously promote industrial development to improve quality and efficiency. In the first half of the year, China's industrial economy was running smoothly on the whole, with steady improvement in quality and efficiency and increasing favorable conditions for high-quality development. At the same time, we will accelerate the transformation of old and new drivers of growth, and improve the quality of industrial supply. At present, the penetration rate of digital r & d tools and the numerical control rate of key processes in key manufacturing industry backbone enterprises have reached 67.4% and 48.4% respectively. In the first half of the year, the added value of high-tech industries increased by 11.6%, faster than the growth rate of the whole industry. The steady improvement in quality and efficiency and the acceleration of structural adjustment have, in turn, brought about greater potential for development. This was also the highlight of China's industrial communications industry in the first half of the year.

According to the introduction, from the industrial internal structure, the first half of the increase in the contribution of non-manufacturing industry to industrial growth. Huang qunhui, director of the institute of industrial economics at the Chinese academy of social sciences, said that in the first half of the year, policies such as lowering the value-added tax rate on manufacturing, levying standards for some government-managed funds and electricity prices for general industrial and commercial purposes, and expanding the scope of enterprises that collect income tax by half helped enterprises reduce costs and increase efficiency. In the first five months, the profit rate of industrial enterprises above a certain size was 6.36%, an increase of 0.35 percentage points year on year. The cost per hundred yuan of main business income decreased by 0.31 percentage points year on year, and the asset-liability ratio decreased by 0.6 percentage points year on year.

In the first half of the year, the performance of various indicators related to industrial activities in China was also better. The purchasing managers' index (PMI) for the manufacturing sector continued to expand, with a reading of 51.5 per cent in June, the 23rd consecutive month above the contraction line. Industrial electricity consumption maintained a rapid growth, rising 7.7 percent in the first five months, up 1.4 percentage points year-on-year.

Experts pointed out that in the first half of the year, China's industrial restructuring has made positive progress, mainly in four aspects: first, the effect of capacity reduction is obvious. In the first half of the year, we made thorough progress in reducing overcapacity in iron and steel, and accelerated the elimination of outdated capacity in electrolytic aluminum, glass, cement and other industries. Second, the growth rate of equipment manufacturing picked up. Driven by the automobile and electronics industries, the value-added of equipment manufacturing increased 9.3 percent in the first five months, 0.5 percentage point faster than the first quarter. Third, the growth of products adapted to consumption and industrial upgrading is fast. Statistics from the ministry of industry and information technology show that in the first five months, smart TVS, special equipment for environmental pollution prevention and control, new energy vehicles, integrated circuits and industrial robots grew by 23.2 percent, 16.2 percent, 85.8 percent, 14.6 percent and 33.7 percent, respectively. Fourth, the scale of high-tech manufacturing industry is growing. High-tech manufacturing added 12 percent in the first five months, 5.1 percentage points faster than the overall industrial sector.

The personage inside course of study points out, manufacturing and Internet depth confluence develops also be the window that industry of our country industry communication runs in the first half of the year. It is understood that the integration of the two management system has reached more than 9,200 enterprises, the penetration rate of digital r & d design tools, the key process nc rate respectively reached 67.4% and 47.8%, the operating cost decreased by 10%, the average increase of profits 11.2%. The deep integration of the two companies helped drive software and information technology services revenue growth of 14.2 percent in the first five months, up 0.8 percentage points year-on-year. On July 1, the three major basic telecom operators completely canceled the domestic mobile phone traffic "roaming" fees, and reduced the standard charges for Internet special line services for home and enterprise users, which effectively promoted the increase of user scale and the total amount of telecom services.