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Ministry of Industry: Steel to production capacity, "Steel" h

Oct 30, 2017

 China's new office held a press conference today to introduce the development of industrial communication industry in the three quarter 2017 years ago, and the Bureau director Zheng said that the structural reform of the industrial supply side was advancing vigorously. Steel to capacity task to accelerate implementation. Steel to production capacity has completed the scheduled target task, according to law to ban "steel" task completed on schedule. Electrolytic aluminum, cement, flat glass and other industries to resolve excess capacity to continue to promote. The cost reduction work accelerates the effect obviously. To promulgate a list of the security deposit of the State Council, and to remove more than 200 items related to the enterprise margin. Actively adapt to the consumption upgrade changes, focus on increasing varieties, quality, create brand, high-end product supply capacity to further improve, in line with the direction of consumption and upgrading of product production growth faster. The effect of information consumption on economic growth is enhanced. The rapid growth of intelligent information consumer products.

Zheng said industrial operations in the first three quarters were better and better than expected. Industrial production is stable. The first three quarters of the national scale above the year-on-year increase in industrial value of 6.7%, the growth rate compared to last year and the same period, respectively, increased by 0.7 and 0.5%, steady growth slightly faster. The enterprise benefit condition has improved remarkably. The first three quarters of the scale of industrial enterprises to achieve the main business income and profit total year-on-year growth of 12.5% and 22.8% respectively. The quality and efficiency of the manufacturing industry is obvious.

Vigorously revitalize the manufacturing industry to make important progress. Fully implement the "Made in China 2025". We are steadily promoting the construction of the pilot Demonstration City (group) of "China Manufacturing 2025", studying and creating five major projects, such as "China Manufacturing 2025" National Demonstration zone, manufacturing Innovation Center and intelligent manufacturing. The structural adjustment and optimization of manufacturing industry is accelerated. In the first three quarters, the increase in electronics manufacturing and equipment manufacturing grew faster than the overall industry 7.2 and 4.4%, which became the main force driving industrial growth this year. The value of the consumer goods industry increased faster than the overall industry 1.1% and remained stable overall. The efficiency of raw material industry improved obviously. High-tech manufacturing is growing fast. In the first three quarter, the value of High-tech manufacturing increased faster than the overall industrial growth rate of 6.7%.

The information and communication industry has maintained rapid development. Network speed reduction work continued to push forward, the basic telecommunications enterprises on September 1 has completely canceled mobile phone long-distance and roaming fees. Telecoms and Internet services have grown at a high rate, with a year-on-year increase of 63% per cent in the first three quarters and a 21.8% increase in revenue from Internet and related services. Internet-based financial, transportation, energy, medical and other emerging services to release new vitality.

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