Industry | Industrial production accelerates "recovery"

Industrial production and major project construction in various regions are gradually returning to the right track.
A reporter from the Shanghai Securities News combed through the latest local data and found that the current resumption rate of industrial enterprises above designated size in Jiangsu and Zhejiang exceeded 90%, and the resumption rate of Shandong, Guangdong, and Liaoning exceeded 80%.
Many places have clearly stated that they will strive to fully resume work and production of large-scale enterprises and major projects by the end of February.
Industrial production in major economic provinces is back on track Since February 10, industrial production in major economic provinces is back on track , and the clarion call for the resumption of production and production of industrial enterprises has been sounded in various regions, and the resumption rate of industrial enterprises above designated size has gradually increased.
According to the rough statistics of Shanghai Securities News, according to public data from various regions, as of February 23, the resumption rate of industrial enterprises above designated size in Jiangsu and Zhejiang exceeded 90%.
Among them, the resumption rate of industrial enterprises above designated size in Zhejiang is 98.
6%, and the resumption rate ranks first in the country.
The resumption rate of industrial enterprises above designated size in Shandong, Guangdong, Liaoning, and Jiangxi all exceeded 80%.
Among them, 9 of the 16 cities in Shandong have a resumption rate of over 90%, and the resumption rate of 1,327 agricultural enterprises in Jiangxi has exceeded 90%.
In addition, Hebei, Guizhou, Shanghai and other places have resumed work rates above 70%.
Judging from the above data, the provinces with relatively high resumption rates of industrial enterprises above designated size are basically large economic provinces.
The resumption rate of industries such as Guangdong, Jiangsu, Shandong, and Zhejiang all exceeds or approaches 90%, and industrial production tends to "resurrect with blood.
" Among industrial enterprises, the resumption rate of manufacturing enterprises is generally higher.
In particular, large manufacturing provinces have started with full power, and key manufacturing industries have resumed work in an all-round way.
According to data from the Guangdong Provincial Ministry of Industry and Information Technology, all 102 key manufacturing enterprises in the province have now resumed work and production.
The production capacity of leading companies such as Huawei, Midea and Gree are recovering rapidly.
Among them, Huawei's capacity utilization rate is over 90%, Gree's capacity utilization rate is nearly 80%, and Midea's capacity utilization rate is over 70%.
However, at present, the progress of the resumption of work and production of enterprises in various regions is uneven, and the resumption rate of industrial enterprises above designated size in some provinces is still less than 50%.
In addition to industry, some service industries are also trying to gradually resume work.
Li Chao, chief macro analyst at Huatai Securities, said that starting from the earliest resumption of work in various places on February 10, the two-week time limit for returning to the city for quarantine observation will be met from this week, and the "approval system" for resumption of work will be superimposed on the "approval system" of multiple governments.
It is expected that the country’s resumption of work in the next two weeks may be significantly improved due to the changes in the “reporting system”.
Strive for the full resumption of major projects this week in many places and strive for the full resumption of major projects this week as the main focus of stable investment, and promoting the resumption of major projects is also the focus of local work.
Clear goals in many places: strive to fully resume work and production of enterprises above designated size and major projects by the end of February.
An exciting figure was announced at the press conference on the prevention and control of the new crown pneumonia epidemic in Zhejiang Province yesterday-the resumption rate of key projects in Zhejiang Province was 99.
8%.
This means that the province's key projects have basically resumed work in full.
Relevant data also showed that as of February 23, the resumption rate of 2134 large and medium-sized projects in Jiangxi Province under construction was 82.
8%, of which, the resumption rate of 61 projects under construction with an investment of more than 5 billion yuan was 87%; Guangdong Province’s key projects under construction 354 projects have resumed work, and it is expected that the resumption rate of key projects will reach about 70% by the end of February.
In addition, the resumption rate of major engineering projects in Guizhou and Hunan is also above 60%.
Shandong is speeding up the construction of key water conservancy projects, and the current resumption rate is over 70%, and it is required to ensure that all construction starts before the end of February.
In order to ensure the resumption of work on key projects as soon as possible, local governments have introduced a series of targeted measures around difficulties in employment and financing.
For example, Zhejiang has established an emergency special project to make up for shortcomings and stabilize investment, and provide a total financing of no less than 50 billion yuan to ensure that major projects start and continue construction before the end of June 2020.
Shandong provides “point-to-point” “home-to-factory” services such as passenger chartered vehicles and customized transportation for returning groups such as corporate employees and migrant workers in accordance with local conditions.
The Politburo meeting of the CPC Central Committee held on February 21 proposed that it is necessary to actively expand effective demand, promote consumption replenishment and potential release, give full play to the key role of effective investment, increase the start of new investment projects, and speed up the progress of projects under construction.
"With the intensified countercyclical macro policy, investment and industrial production will accelerate and form a stronger rebound.
With the strong support of fiscal and financial policies, the growth rate of infrastructure investment in the future will accelerate significantly.
" China Said Lian Ping, director of the Industry Development Research Committee of the Banking Association.
The overall start of small and medium-sized enterprises has picked up steadily.
The relevant person in charge of the National Development and Reform Commission summed up the current trend of resumption of work at a press conference of the State Council yesterday: large enterprises are progressing faster than small and medium-sized enterprises, and upstream industries and capital and technology are intensive.
Compared with downstream industries and labor-intensive enterprises, large-scale enterprises are making faster progress.
According to data from the National Development and Reform Commission, small and medium-sized enterprises have overcome difficulties and started construction one after another, and the overall start-up has steadily recovered, with preliminary monitoring approaching 30%.
At present, SMEs still face many difficulties and challenges in resuming work.
For example, poor transportation and logistics, difficulty for employees to return to work, insufficient supplies for epidemic prevention, high pressure on the capital chain, and rising costs.
To this end, the central and local governments have recently implemented intensive policies to help small and medium-sized enterprises.
From reducing taxes and fees to reducing cost pressure, to opening up traffic arteries and clearing logistics channels, to picking up and returning employees from companies returning to work.
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A series of targeted measures have encouraged companies.
The Politburo meeting once again emphasized the need to increase assistance to key industries and small and medium-sized enterprises, the assistance policies must be accurately implemented, and the policies must run ahead of the trapped enterprises.
The relevant person in charge of the Ministry of Industry and Information Technology revealed that a series of measures will be taken to support small, medium and micro enterprises, including as soon as possible to promote the accurate resumption of work and production of small, medium and micro enterprises by division and classification, and further increase the resumption rate of small, medium and micro enterprises; effectively implement fiscal and financial preferential policies, Reduce the financial pressure of small and medium-sized enterprises.
"Small and medium-sized enterprises are the most affected by the epidemic.
A large number of small and medium-sized enterprises are not the target customers of commercial banks, and what they lack at this time is not loans, but income that can maintain the survival of the enterprise.
" Tang Jianwei, chief researcher of the Bank of Communications, believes that direct financial subsidies are adopted.
Measures such as transfer payments or tax rebates can play a "blood transfusion" role for small and medium-sized enterprises.
Cheng Shi, chief economist of ICBC International, analyzed that the next few weeks will be the time for migrant workers to resume work, and it is also a stage where small and medium-sized enterprises have tight cash flow and urgently need to resume operations.
Considering that small and medium-sized enterprises are the main force in absorbing the employment of migrant workers, local governments are expected to strengthen policy guidance, material support, and policy coordination on the inflow and outflow of migrant workers, and complete the matching of labor supply and demand between migrant workers and SMEs in batches and orderly.
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