140AMM09000 Since the 18th National Congress of the Communist Party of China, the status of China’s manufacturing power has been further consolidated. In 2022, the added value of China’s manufacturing industry reached 33.5 trillion yuan, ranking first in the world for 13 consecutive years, accounting for more than 30% of the global manufacturing industry.

Shan Zhongde: China has become a veritable world manufacturing power. In particular, it shows that China’s manufacturing industry has obvious scale advantages, industrial advantages, market advantages and institutional advantages, and it is also the ballast stone of employment and economy. In order to achieve Made in China, China speed, Chinese products created in China, Chinese quality, and Chinese brands, we 140AMM09000 need to vigorously develop advanced manufacturing and unswervingly build a strong manufacturing country.

The report also shows that from 2020 to 2022, the average annual growth rate of China’s manufacturing power development index is more than 4 points, which is the highest level with the United States in the world’s major countries, although there are fluctuations in individual years, but the overall stable growth. China’s manufacturing industry has basically stabilized the economic market in overcoming difficulties. Shan Zhongde pointed out that one of the manifestations is that the construction of manufacturing power has been stable, and China’s manufacturing industry has shown strong resilience.

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140AMM09000 Shan Zhongde: Under the severe impact at home and abroad, the gap between China and Japan and Germany in the development index is narrowing, and the proportion of manufacturing added value in GDP has further risen to 27.4%, stopping the trend of continuous decline for more than 10 years. Another is that the proportion of our manufacturing value added in the world will increase from 28.34% in 2020 to 30.46% in 2022, ranking first. Among them, the machinery industry performance is strong, the scale continues to expand, the profit growth rate, the growth rate of added value is higher than the national industrial average, and the total import and export volume is also a new high.

Another performance is that the leading enterprises in the manufacturing industry have played the role of “anchoring the sea”. From 2020 to 2022, the growth rate of China’s “proportion of operating income of manufacturing enterprises in the Global 500” index 140AMM09000 exceeds the growth rate of the “manufacturing value added” index value, shoulding the arduous task of leading the recovery of China’s manufacturing industry.

Shan Zhongde: From the perspective of domestic industrial development, leading enterprises have played the role of the traction of industrial agglomeration and the radiation of the middle and downstream of the industrial chain, promoting the high-end, intelligent and green development of the manufacturing industry. From the perspective of international competition, state-owned enterprises and private leading enterprises jointly lead the integration of China’s manufacturing industry into the global value chain system, especially private leading enterprises accelerate to become the new force and new engine of innovation-driven development strategy.