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According to data released by the National Bureau of Statistics, in the first two months of this year, the profits of industrial enterprises above designated size in my country increased by 4.8% year-on-year, changing the situation of the decline in industrial profits throughout the year.

Five major opportunities for industrial operation

The "Report" believes that my country's industrial economic development mode is rapidly changing, new growth drivers are being gestated, and the long-term good fundamentals have not changed.

First of all, the continuous optimization and upgrading of industrial structure provides a solid foundation for industrial development. At present, my country's factor input structure is gradually shifting from being mainly labor-intensive and capital-intensive to capital- and technology-intensive. It is mainly manifested in three aspects: First, the growth rate of traditional industries has slowed down, and high-tech manufacturing, high-end equipment manufacturing, and consumer goods manufacturing are expanding. Second, the proportion of fixed asset investment in raw materials and high-energy-consuming industries has shown a downward trend, and the proportion of investment in the mechanical and electronic industries and high-tech manufacturing has continued to rise. Third, the import of resource-based products has increased significantly. Among the export products, the export of electromechanical and high-tech products has increased significantly. The export delivery value of advanced manufacturing accounts for more than 60% of the overall industrial export delivery value. "Made in China" is gradually increasing. "Made in China" changes.

Secondly, the implementation of national policies such as the "double innovation" strategy and "Made in China 2025" has become the endogenous driving force for industrial innovation. The "double innovation" strategy eliminates various institutional constraints and shackles that are not conducive to entrepreneurship, innovation and development through structural reforms and institutional innovations, and supports various market entities to continuously establish new enterprises, develop new products, and open up new markets. "Made in China 2025" establishes the strategic task of improving the innovation capability of my country's manufacturing industry, not only emphasizing enterprise technological innovation, but also enterprise business model innovation.

Third, the development of global disruptive technology has become an external boost for industrial innovation. Advanced manufacturing technologies represented by robots and 3D printing, and information technology represented by cloud computing, Internet of Things, and big data are becoming the technical support for the re-industrialization of major countries in the world, allowing the world's manufacturing production methods and development models , Industrial situation, organizational methods, etc., will undergo profound changes, and will develop in the direction of intelligent manufacturing, collaborative manufacturing, network manufacturing and green manufacturing. At present, our country has made breakthrough progress in some fields.

At the same time, regional synergy strategic benefits such as the Beijing-Tianjin-Hebei, the Yangtze River Economic Belt, and the "One Belt and One Road" have gradually emerged, creating a huge demand space. These regional synergy strategies have not only promoted the balanced development of the region, but also promoted investment in infrastructure construction, and improved the convenience of inter-regional integration. The “Belt and Road” also encouraged Chinese enterprises to achieve industrialization in the process of “going out”. The improvement of competitiveness and the adjustment of industrial structure.

Finally, comprehensively deepen reforms to build a strong institutional guarantee for industrial development. The government’s strategy, planning, and policy guidance, strengthen government constraints, strictly implement market access standards, and effectively resolve problems such as overcapacity, so that the manufacturing industry can develop sustainably. With the continuous deepening of reforms, the market and the government can be effective Supplement and cooperation will further release reform dividends.

Seek a new path to enhance industrial competitiveness

2016 is the first year of the "13th Five-Year Plan". How to lay a foundation for the healthy development of industrial enterprises? In this regard, the "Report" recommends:

First, implement the innovation-driven strategy and cultivate the endogenous power of industrial innovation. To achieve the transformation of the industrial economic development mode, it is necessary to build a service-oriented government, continuously improve the market mechanism, accelerate the streamlining of administration and decentralization, and enhance the vitality and creativity of the industrial economic entities. At the same time, it is necessary to increase support for the research and development of new technologies and new products, accelerate the transformation of new technologies into productivity, and actively cultivate new models, new formats and new products.

Second, expand domestic demand and stimulate consumption to stimulate industrial growth. Actively expand and upgrade consumption, vigorously develop new technologies and new products, encourage innovation in commercial formats, generate new consumer demand through new supplies, and guide consumption in a smart, green, and healthy direction. With the help of various regional coordination strategies, we will actively promote the development of urbanization in the central and western regions and localities to boost consumption. At the same time, it is necessary to optimize the consumption environment and promote the service-oriented development of manufacturing enterprises.

Third, promote supply-side structural reforms to provide new momentum for industrial growth. Improve the contribution of mid-to-high-end industries to my country's economic growth, promote my country's capacity building for the development of modern service industries, and enhance the capacity of labor and resource-intensive industries and low-tech industries.

Fourth, improve investment efficiency and give full play to the guiding role of fiscal funds. Focus on solving the problem of overcapacity, tap new investment potential, and increase investment in people's livelihood, technology and environmental protection projects. Reform the investment and financing system, give play to the guiding role of finance, and stimulate the vitality of private capital.

Fifth, release the vitality of the enterprise and make it the main body of market competition. Vigorously promote the reform of mixed ownership. Dispose of zombie companies, long-term loss-making companies, and inefficient and ineffective assets. Actively introduce assistance policies to alleviate the difficulties of enterprises. Leveraging on the construction of the “Belt and Road”, more companies will go out to participate in international competition and cooperation.

Sixth, improve the financial market and guard against systemic financial risks. Adhere to a prudent monetary policy. Improve the financial supervision system. Strengthen financial support for the real economy. Financial institutions should increase support for the real economy in accordance with national industrial policies and credit policies.

After the above analysis, it is not difficult to find that the opportunities and development direction of China's industry play an important guiding role in the development of the construction machinery industry. In keeping with the changes in China's industrial profit index, the sales volume of excavators in February this year also bottomed out for the first time after a continuous decline, giving industry professionals confidence in development. At the same time, at the 14th China Construction Machinery Development Forum held a few days ago, Liugong Chairman Zeng Guangan also believed that "spring is coming"! I believe that with the joint efforts of industry professionals, the spring of construction machinery is just around the corner .