Since the beginning of this year, as the measures to improve and strengthen the real economy and promote industrial transformation and upgrading have taken effect, the structure of China’s manufacturing industry has been optimized and the quality of development has steadily improved.

In the first half of the year, the added value of the national manufacturing industry increased by 4.2% year-on-year, 1.3 percentage points higher than that in the first quarter, especially the rapid growth of high-end manufacturing industry. With the development of aviation and aerospace, domestic large aircraft have realized commercial flight, and the driving role of the manufacturing industry is gradually increasing. In Taicang, Suzhou, more than 100 aerospace industry chain enterprises have formed a new industrial cluster with good growth momentum in the first half of the year.

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Fang Haining, Director of Industry and Information Technology Bureau of Taicang City, Suzhou, Jiangsu Province:

From precision manufacturing to aviation services, from rocket assembly to satellite applications, the value of the related industrial chain reached 12 billion.

In the first half of the year, the added value of the national aerospace and equipment manufacturing industry increased by 22.9%, and the key technical breakthroughs in key areas continued to be made, driving the rapid growth of related production, and the manufacturing of special equipment for semiconductor devices, electronic components and mechanical and electrical components equipment increased by more than 30%. In the first half of this year, the added value of the equipment manufacturing industry increased by 6.5% year-on-year, 2.7 percentage points higher than the growth rate of industries above designated size, contributing 53.9% to the growth of all industries above designated size, and the technology-intensive degree of industrial production continued to increase.

Tong Duoduo, Director of Macroeconomics Lab, Institute of Economics, Chinese Academy of Social Sciences:

From the perspective of our country’s development in the first half of the year, I think it just reflects the characteristics of our country’s strong manufacturing industry to support innovation, reflects the current economic transformation of our country, especially the transformation of growth momentum, to support our country’s high-quality development.

In the first half of the year, the production of new products such as intelligent and new materials improved. Intelligent consumer equipment manufacturing increased by 12%, of which intelligent vehicle equipment and intelligent unmanned aerial vehicle manufacturing increased by 36.3% and 12.5%, respectively. Increased supply of new materials. The new drivers of China’s manufacturing industry are gaining strength, and the quality of development is steadily improving.