From the industrial investment data in the first quarter, it can also be seen that Guangdong continues to promote the trend of industrial upgrading.

330108-91-05 Data show that in the first quarter, Guangdong’s industrial investment grew by 34.8%, 28.6 percentage points higher than the growth rate of fixed asset investment (6.2%). Among them, investment in high-tech industries increased by 54.1 percent and that in advanced manufacturing increased by 43.1 percent.

“Industrial investment is the core driving force for the growth of the manufacturing industry. The rapid growth of investment in advanced manufacturing and high-tech manufacturing in Guangdong in the first quarter is a good signal, which is bound to bring greater growth potential in Guangdong in the future.” Tao Feng said.

At the same time, the digital and intelligent development of industrial enterprises and the green and low-carbon transformation are also steadily advancing.

330108-91-05 Data show that in the first quarter, Guangdong’s industrial technological transformation investment increased by 22.3%, accounting for 34.0% of industrial investment. As of the end of March, Guangdong has promoted the digital transformation of more than 21,000 industrial enterprises, and driven 625,000 small and medium-sized enterprises to “go online with the cloud”.

“Unlike one-off investments, technological innovation investments essentially focus on the three major changes in the enterprise: dynamic change, efficiency change and quality change. It can stabilize growth in the short term, and is conducive to the upgrading of industrial structure and connotative growth in the medium and long term.” Tao Feng suggested that Guangdong should adhere to and pay attention to this direction, and make up for weaknesses around the key links of the industrial chain, moderately advance the layout of innovative technological transformation investment, major equipment renewal and transformation, such as the establishment of some industry-specific public technological innovation platforms and industry-specific digital platforms.

330108-91-05 Ensure a stable and smooth industrial chain and supply chain

In March this year, the escalation of international geopolitical conflicts led to a new high in international commodity prices, and the frequent occurrence of the epidemic affected the industrial chain and supply chain, and multiple factors affected the stable operation of industrial production in Guangdong.

From the data point of view, the manufacturing purchasing managers’ index (PMI) production index and new orders index in March were 49.5 and 48.8, respectively, down 0.9 and 1.9, and are below the line of growth and contraction, the activity of orders and production has declined.

“Affected by the epidemic, the supply of our upstream suppliers has been affected to some extent, and in the short term, the epidemic has indeed increased the logistics time and cost.” Huang Qiang, secretary and director of the board of directors of Dongguan Yiheda Company, said in an interview with the Southern Financial media reporter that the company also made timely adjustments.

330108-91-05 Lin Jiang believes that whether it is the epidemic or the rising price of raw materials, Guangdong’s supply chain, as the center of the most concentrated manufacturing industry in the country, will inevitably be greatly impacted. “How to solve the cost impact for smes is an urgent issue for the government to consider, and efforts can be made from tax and fee reduction and creating a business environment.”

Tao Feng also believes that the further implementation of relevant policies such as tax and fee reduction and financial support for the development of small and medium-sized enterprises can not only benefit small and medium-sized enterprises, but also stabilize market expectations and confidence.

The Southern Financial Media reporter learned that at present, Guangdong has issued a number of relief policies such as “Guangdong Province to further support the development of small and medium-sized enterprises and individual industrial and commercial relief Measures” and “Guangdong Province to promote the steady growth of industrial economy Action Plan” to stabilize the production and operation of enterprises.

330108-91-05 Tong Diao, deputy director of the Operation monitoring and comprehensive Analysis Department of the Guangdong Provincial Department of Industry and Information Technology, told the Southern Financial Media reporter that in order to fully ensure the stability and security of the industrial chain and supply chain, Guangdong has set up a special class to ensure the security and stability of the industrial chain and supply chain, led by the main leaders of the Department, Ministry cooperation and inter-provincial coordination, and promote the solution to the demands of enterprises inside and outside the province.

“From the establishment of the special class to now, it has received nearly 5,000 appeals from more than 500 enterprises; The appeals in the province have basically been completed in a timely manner, and we are still trying to coordinate the appeals that have not been completed.” The child eagle said.

Guangzhou Bureau of Industry and Information Technology also organized various districts to investigate the supply chain obstruction of enterprises, docking with the industry and information technology departments in Shanghai, Shenzhen, Dongguan and other places, multi-city linkage, and established the wechat working group of the Guangzhou, Shenzhen and Dongguan Bureau to lead the protection of industrial chain supply chain, solve problems point-to-point, help enterprises to restore the supply chain, stabilize production and operation, minimize shutdown and production shutdown, and minimize output value loss. It ensures the supply chain stability of GAC Toyota, GAC Honda, Jabu Electronics, Vision Source Electronics and other key enterprises.

“Smooth and stable industrial chain and supply chain is an important prerequisite for Guangdong’s industrial economic growth and industrial development.” In Tao Feng’s view, to ensure the smooth stability of the industrial chain and supply chain to achieve a balance between safety and efficiency, which is a short-term problem, but also a medium – and long-term problem, especially in the important areas related to national economic security, to further complement the shortcomings, to achieve security and stability.

Under the epidemic situation, industrial resilience is especially evident. All 21 prefecture-level cities in Guangdong province have achieved positive growth of industrial added value above designated size.

In the first quarter, the industrial added value above designated size in the core area of the Pearl River Delta increased by 5.9%. In particular, Shenzhen (2.3%) and Dongguan (3.6%) achieved positive growth of industrial added value in the first quarter under the great pressure of epidemic prevention and control, supporting the industrial economy of the whole province. The eastern wing of the coastal economic belt grew by 4.7%; The western part of the coastal economic belt grew by 5.2%; The northern ecological development area grew by 5%.