Consolidate and improve the leading position of advantageous industries

The meeting said that consolidating and improving the leading position of advantageous industries. We will speed up the strengthening of the chain and the extension of the chain to enhance the competitiveness of the whole industry. We will support the development of electric replacement models for new energy vehicles, and do a good job in pilot areas for comprehensive electrification of vehicles in the public sector. Strengthen the standardization and quality supervision of the photovoltaic industry. We will promote high-end applications of rare earths in aerospace, electronic information, new energy and other fields.

Equipment manufacturing industry is a bright IC695ALG708 color of China’s industrial economy. “In 2023, on the whole, benefiting from the acceleration of the stable growth policy of machinery and automobiles, the equipment manufacturing industry has accelerated its recovery, contributing more than 40% to all the planned industrial growth, which strongly supports the overall situation of stable industrial growth.” Ccid Institute Industrial Policy Institute (Advanced Manufacturing center) director Wang Hao said. Data show that from January to October 2023, the added value of China’s equipment manufacturing industry grew by more than 6%, higher than the industrial average level, and the contribution rate of industrial growth reached 45.1%.

Looking forward to 2024, Wang Hao believes that the steady economic growth will drive the recovery of equipment demand, and the equipment manufacturing industry will continue to play a “pillar” role in the stable growth of the manufacturing industry. In 2024, benefiting from the policy of increasing fixed IC695ALG708 asset investment, it is expected that China’s equipment manufacturing industry is expected to show steady growth, and the annual growth rate of industrial added value is expected to be 7%-10%. Among them, new energy vehicles, electrical machinery and other industries will continue to develop rapidly, construction machinery, industrial robots, industrial buses, rail transit and other industries will achieve recovery and development, becoming a new growth point for the equipment manufacturing industry.

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In terms of new energy vehicles, Wang Hao believes that in 2024, the global auto powers have entered a period of rapid development of new energy vehicles, overseas competitors have gradually completed the transformation of traditional fuel vehicles to new energy tracks, and the competition between national brands and overseas brands will become increasingly fierce. China’s new energy vehicles will gradually enter a period of steady growth, gradually from the incremental market to the stock market, and the penetration rate of new energy will further increase to 35%-40%.

We will accelerate the cultivation of emerging industries

The meeting said that in 2024, on the one hand, it is necessary to speed up the transformation and upgrading of traditional industries, and on the other hand, it is necessary to speed up the cultivation of emerging industries. For example, we will launch pilot projects for the access and road access of intelligent connected vehicles, promote the development of Beidou scale applications and satellite Internet, create new growth points such as bio-manufacturing, commercial aerospace, and low-altitude economy, IC695ALG708 and introduce action plans for future industrial development.

In fact, a number of frontier industrial areas are developing with hot momentum. Taking humanoid robots as an example, in 2023, Xiaomi, Youbi, Yushu Technology, Da, Pursuit and other technology companies released humanoid robots, actively explore applications in industry, service, special and other scenarios, promote industrialization, and drive the development of related industrial chains.

Data show that in 2022, China’s industrial robot installed capacity of 290,000 sets, an increase of 5%, accounting for 52% of the global installed capacity. The application field of industrial robots has covered 65 industry categories and 206 industry categories, and is widely used in automotive, electronics, machinery and other fields. According to the data of the National Bureau of Statistics, from January to October 2023, China’s service robot production increased by 21.7%, and the year-on-year growth in September and October was IC695ALG708 63.1% and 59.1%, respectively, which is expected to maintain a rapid growth trend in 2024.

Saidi Future Industry Research Center said that 2023 has opened the acceleration key of China’s future industry cultivation, and local governments have intensively introduced relevant policies to accelerate the layout of emerging industries and future industries. According to incomplete statistics, as of November 2023, Beijing, Shanghai, Jiangsu, Zhejiang, Jiangxi and other provinces and cities have issued more than 30 future industrial policies, of which 8 documents have been centrally released in 2023. Looking forward to 2024, the development of China’s future industry will maintain the trend of good to excellent, the relevant state departments and local governments will continue to increase the policy support for the future industry, will formulate more specific and accurate policies for subdivisions, and promote the future prosperity and development of the industry.