Recently, the provincial two sessions were held intensively, and all over the country released the 2023 “report card” and finalized the 2024 “task book”, releasing a positive signal of striving for stable economic growth and accelerating high-quality development. Looking forward to 2024, more and more economically large provinces will promote a new round of construction of “manufacturing strong provinces”. At the same time, Guangdong, Zhejiang, Fujian and other coastal provinces have also set new goals for the development of Marine economy.

DS200FCSAG1A Recently, the provincial local two sessions were held intensively, industrial provinces have released 2023 annual industrial operation data, the top 10 industrial provinces Guangdong, Jiangsu, Shandong, Zhejiang, Fujian, Hebei, Anhui, Sichuan, Henan, Hubei industrial production all achieved year-on-year growth, of which 8 provinces on the industrial added value growth rate higher than the overall national growth rate, Jiangsu, Shandong, Anhui and other provinces grew by more than 7 percent. Guangdong’s industrial added value exceeded 4 trillion yuan, continuing to sit firmly in the position of the largest industrial province, and industrial investment maintained double-digit growth for 36 consecutive months.

Entering 2024, Guangdong, Zhejiang, Shandong, Fujian and other major industrial provinces have made active plans to promote the production increase and efficiency of enterprises, stabilize the chain, strengthen the chain and extend the chain, actively cultivate new drivers of development, and promote the “opening and stability” of industrial production in the first quarter, and promote the sustained recovery of the industrial economy throughout the year.

Guangdong continues to hold the top spot

DS200FCSAG1A “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.

From the perspective of industrial scale, Guangdong continues to maintain the position of the largest industrial province, in 2023, the industrial added value exceeded 4 trillion yuan for the first time, and the preliminary estimate of the revenue of industrial enterprises 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.

Among them, in 2023, Shenzhen’s industrial added value above designated size increased by 6.2% year-on-year, and the total industrial output value and industrial added value achieved the “double first” of the national city for two consecutive years, continuing to hold the position of China’s “largest industrial city”. Foshan’s total industrial output value exceeded 3 trillion yuan, becoming the second city in Guangdong and the fourth city in China with a total industrial output value above 3 trillion yuan.

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%.

DS200FCSAG1A 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%.

DS200FCSAG1A At the same time, many large industrial provinces in the beginning of the year, further set 2024 industrial economic growth targets: Guangdong strive to increase the industrial added value above the scale of 5%; Zhejiang clearly puts industrial production stabilization and efficiency improvement in an important position, and strives to increase the industrial added value by about 6%. Henan is expected to increase the industrial added value by 6.5%; Hebei is expected to increase industrial added value by about 5.5%.

A few days ago, the Zhejiang Provincial Economic and Information Department held the province’s industrial economy to open the door to the work mobilization and deployment meeting, clearly to ensure that during the Spring Festival “do not stop production” enterprises, promote the resumption of production after the Spring Festival, pay close attention to the first quarter of production incremental bills and other measures, to lay a solid foundation for the year’s “stable, forward, stand” high-quality development. Fujian recently introduced six measures to further promote stable industrial growth in the province from the aspects of encouraging enterprises to increase production and efficiency, increasing industrial project construction and attracting efforts, and achieving “open door stability” in the first quarter.

Guan Bing, director of the Institute of Industrial Economics of CCID Research Institute, told the 21st Century Business Herald reporter that the industrial province has a strong industrial foundation, rich innovation resources, leading digital economy development, and has a stable growth of the industrial base and factor guarantee ability. In 2024, the domestic and international situation facing China’s industrial development is still grim and complex, and the large industrial provinces still shoulder the important task of stabilizing industrial growth.

“As the industrial development ecology continues to optimize, the integration of digital technology and the real economy accelerates, and the traditional emerging dual-wheel drive promotes the transformation of growth momentum, it will support the steady growth of the industrial economy, and the added value of the industrial enterprises above designated size is expected to grow by about 4.5% in 2024.” Guan Bing said that in the next step, the major industrial provinces should speed up the promotion of high-end, intelligent and green manufacturing, accelerate the construction of a modern industrial system with advanced manufacturing as the backbone, and play a good role in the “ballast” of industry to stabilize the macroeconomic market.