China's industrial added value is expected to increase by 11.5% year-on-year.

On August 26, the Operational Monitoring and Coordination Bureau of China's Ministry of Industry and Information Technology and the Institute of Industrial Economics of the Chinese Academy of Social Sciences jointly issued the 2009 Summer Report on China's Industrial Economic Operation, which showed that the industrial added value of enterprises above designated size increased in the third quarter of this year compared with the same period last year. Will be around 11.5%, the annual growth rate will be between 11% to 12%. ”
The report pointed out that the current international and domestic environment facing China's economic development is still severe and complex. The foundation for stable industrial recovery is still not solid. The operating situation is still not stable, and the development between industries and regions is not balanced. Among many issues, the problem of unreasonable industrial structure and excess production capacity is particularly acute. In order to respond to the international financial crisis, the relevant national departments will fulfill the tasks of industrial growth and structural adjustment, and will focus more on handling the relationship between growth and structural adjustment in the future work, and establish sustained and stable economic growth in a continuous structure. On the basis of optimization, we must pay more attention to the quality and benefits of growth in ensuring growth, strive to achieve mutual promotion of economic growth and structural adjustment; pay more attention to solving difficult problems in mergers and reorganizations and eliminating obsolete production capacity, and we must resolve corporate mergers and reorganizations. Eliminating outdated assets, debts, staffing, local fiscal revenue and other difficult issues as a breakthrough in optimizing the structure, fully considering the issue of mergers and reorganizations and elimination of employee interests in backward production capacity; paying more attention to promoting technological innovation and cultivating emerging industries , as an important starting point to achieve industrial transformation and upgrading. Through the implementation of technological transformation to promote business, local and social investment, promote the industry to achieve connotative development; pay more attention to improving the development environment for SMEs. By vigorously developing small and medium-sized enterprises, adapting to different levels of market demand, expanding employment in urban and rural areas and enhancing economic vitality; paying more attention to strengthening quality brand building as the basic content of improving the competitiveness of enterprises, and striving to improve the overall structure and quality management of industrial products. More attention has been paid to strengthening the government’s guidance on private investment, and by bringing about the “multiplier effect” of government investment, it has stimulated the growth of private investment.

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