Recently, the provincial and local two sessions were held intensively, and the industrial provinces have “exposed” the annual report card: Guangdong insists on the manufacturing industry, the industrial added value exceeded 4 trillion yuan, and industrial investment maintained double-digit growth for 36 consecutive months; Jiangsu continued to expand the advanced manufacturing cluster, the planned industrial added value increased by 7.6% over the previous year; Zhejiang focused on “415X” advanced manufacturing cluster, manufacturing investment increased by 14.1%; Shandong regards industrial economy as the number one project, and the output value of high-tech industry has exceeded 50%.

PSMU-350-3 “In 2023, all 10 major industrial provinces achieved year-on-year growth in production, of which 8 provinces grew faster than the overall growth rate of industrial added value in the national regulations, and Jiangsu, Shandong, Anhui and other provinces grew by more than 7%.” Xin Guobin, vice minister of the Ministry of Industry and Information Technology, said at a press conference held by The State Council Information Office recently that the 10 major industrial provinces play an outstanding role in leading the way.

Industrial provinces are important participants in the global industrial chain and supply chain. Manufacturing industry has become a key variable to determine the regional competitive situation, and more and more provinces have joined a new round of construction of “manufacturing strong province” competition.

PSMU-350-3 With the in-depth implementation of China’s manufacturing power strategy, the major industrial provinces are brave enough to seize the development track of advanced manufacturing, and accelerate the development of new advantages in industrial competition and cooperation. What sparks will be wiped out of China’s intelligent manufacturing?

Big province race

Strive for innovation strive for investment to plant new quality productivity

PSMU-350-3 In the face of complex situations such as high winds and waves in the international environment and insufficient effective domestic demand, large industrial provinces have not only endured greater and more direct impacts than ever before, but also demonstrated their extraordinary resilience.

From the point of view of the growth rate of industrial added value, in 2023, the growth rate of Jiangsu, Zhejiang, Shandong, Sichuan, Hubei, Hebei, Anhui, Henan and other large industrial provinces is higher than the national growth rate. Among them, the growth rate of Jiangsu, Shandong and Anhui provinces exceeded 7%.

PSMU-350-3 Specifically, Jiangsu focuses on the construction of 16 advanced manufacturing clusters and 50 key industrial chains, and the planned industrial added value in 2023 increased by 7.6% over the previous year, of which the equipment manufacturing industry is growing better.

Anhui vigorously explored the “4+10” trillion industrial territory, and the industrial added value increased by 7.5% over the previous year. Among them, the added value of high-tech industries increased by 11.2%, contributing 70.3% to the growth of above-standard industries.

Shandong takes the industrial economy as the number one project and implements the echelon cultivation of advanced manufacturing clusters. The planned industrial added value increased by 7.1% year-on-year, of which the manufacturing added value increased by 7.8%.

Adhere to the manufacturing industry in Guangdong, the total industrial scale ranks in the forefront of the country, in 2023, the industrial added value exceeded 4 trillion yuan for the first time, and the preliminary estimate of industrial enterprise revenue exceeded 18 trillion yuan, accounting for about one-eighth of the country; There are more than 71,000 regulated industrial enterprises in the province, accounting for about one-seventh of the country, and the number ranks first in the country.

PSMU-350-3 As the new round of scientific and technological revolution and industrial transformation continues to intensify, major industrial provinces have accelerated the optimization of their industrial structure, continued to grow new drivers, and accelerated the formation of more new quality productive forces. “Stable” up at the same time, the industry is also “new” up.

In 2023, Guangdong will strive to build advanced manufacturing clusters and industrial clusters with distinctive advantages. The province’s advanced equipment manufacturing industry increased by 7.6%, new energy vehicles and integrated circuits increased by 83.3% and 23.8%, respectively, and the new momentum industry became the main growth point.

Jiangsu implemented the cluster peak building action, and the output value of industrial strategic emerging industries and high-tech industries accounted for 41.3% and 49.9% of the planned industries.

PSMU-350-3 Anhui’s new generation of information technology, automobiles and parts, equipment manufacturing, and new materials industries are developing toward trillion-level industries, among which, the output of automobiles and new energy vehicles in 2023 increased by 48.1% and 60.5% respectively, both hitting a record high.

Industry is the main battlefield of technological innovation, the more pressure forward, the more need for innovation to “decompress”. With the “establishment” of new quality productivity and the “breaking” of the transformation and development of traditional industries, the industrial provinces are bursting out more robust vitality under the innovation engine.

From the number of specialized and special new “little giant” enterprises, Guangdong has cultivated a total of 1,525 specialized and special new “little giant” enterprises, ranking first in the country last year; Jiangsu, Zhejiang and Shandong have cultivated a total of 1,505, 1,457 and 1,064 respectively.

PSMU-350-3 With the national manufacturing innovation center as the core node, the innovation system of Chinese manufacturing is accelerating. At present, the country has laid out 29 national manufacturing innovation centers. More than half of them are distributed in large industrial provinces; Guangdong was approved to establish a total of 5, ranking first in the country.

Today’s investment is tomorrow’s productivity. In 2023, Guangdong, Zhejiang, Anhui and other large industrial provinces have started the industrial investment race, and the growth rate of manufacturing investment has continued to increase.

Industrial investment in Anhui increased by 22.7 percent, of which manufacturing increased by 20 percent. Investment in high-tech industries grew by 24.4 percent, of which investment in high-tech manufacturing grew by 20.4 percent.

The investment in key industries in Zhejiang increased rapidly, with the investment in manufacturing increasing by 14.1%, driving the total investment growth of 2.8 percentage points.

Guangdong’s industrial investment growth rate is the most eye-catching, the province’s industrial investment maintained double-digit growth for 36 months in 2023, the fastest growth rate in 18 years, technological transformation investment continued to maintain double-digit growth for 12 months, 2023, the fastest growth rate in 6 years.

“The double-digit growth rate of industrial investment and technological transformation investment has sent a positive signal for Guangdong’s industrial growth, which will inject new momentum into Guangdong’s development and provide new production factors.” Lin Jiang, professor of economics at Lingnan College, Sun Yat-sen University.