On the 28th, Minister of Industry and Information Technology Xiao Yaqing stated at a press conference held by the State Council Information Office that in the first two months of 2022, the industrial economy continued to stabilize and recover, especially with the effective implementation of various policies and measures to stabilize industrial growth, achieving phased results in boosting the industrial economy. Next, we will strengthen policy support, promote the implementation of various policy measures, focus on breaking through key product supply bottlenecks, actively promote effective investment in the manufacturing industry, take multiple measures to expand consumer demand, and promote the steady development of the industrial economy.
Xiao Yaqing said that according to a questionnaire survey conducted by the Ministry of Industry and Information Technology on 20000 key industrial enterprises, 14.5% of enterprises insist on production during the Spring Festival period, and 89.5% of enterprises resume work before February 15th. Key industries are operating steadily. However, it should also be noted that due to multiple factors, the current trend of stable recovery of the industrial economy is not yet firm. To promote the smooth operation of the industrial economy, great efforts need to be made.

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Xiao Yaqing said that the Ministry of Industry and Information Technology will make every effort to boost the industrial economy, focus on breaking through key product supply bottlenecks, strengthen coordination of energy, logistics, labor and other factors, prioritize the stable operation of key enterprises such as basic industrial products, important daily necessities, agricultural inputs and fertilizers, actively promote effective investment in the manufacturing industry, continue to implement policies such as subsidies for new energy vehicle purchases and charging facilities, and carry out new energy vehicles, green intelligent home appliances, etc Green building materials going to the countryside activities, taking multiple measures to expand consumer demand.
Boosting industry and relieving difficulties for small and medium-sized enterprises are key. Xiao Yaqing said that the Ministry of Industry and Information Technology will adhere to the two pronged approach of relieving difficulties and improving innovation, focusing on policy implementation, providing precise services, promoting specialized, refined, and innovative development, and supporting more small and medium-sized enterprises to grow into “individual champions” and “supporting experts”.