The third quarter is about to pass. Data from various sources show that China's manufacturing industry has withstood the test of the epidemic and has also contributed to the stability of the global industrial chain supply chain. With the implementation of related work, China's manufacturing industry faces greater opportunities for sustained high-quality development.

Multiple data support the recovery of China's manufacturing industry

In August, China's foreign trade exports were 1.65 trillion yuan, an increase of 11.6%. Behind the export growth is the rapid recovery of China's manufacturing industry.

Han Jianfei, director of the Industrial Development Research Office of the Institute of Industrial Economics of CCID Think Tank, said that China took the lead in resuming work and production in the context of the severe impact of the epidemic on the global industrial supply chain. The growth rate of China's exports rebounded sharply in August, reflecting the strong resilience of Made in China as the "world factory".

At present, Chinese manufacturing is increasing its horsepower operation. The purchasing manager index (PMI) of China's manufacturing industry was 51.0% in August. Among them, the new order index is 52.0%, which has rebounded for 4 consecutive months, indicating that the manufacturing market demand has continued to recover.

Data in the high-tech field has also improved significantly. In July, the value added of the electronic information manufacturing industry above designated size increased by 11.8% year-on-year, and the growth rate increased by 5.7 percentage points year-on-year; the export delivery value of the electronic information manufacturing industry above designated size increased by 10.7% year-on-year, an increase of 7.4 percentage points from the same period last year.

According to Wen Xiaojun, director of the Institute of Electronic Information Industry of CCID Think Tank, there are a large number of small and medium-sized enterprises in my country's electronic information industry, and these enterprises are still under great pressure on cash flow. With the coordinated resumption of work and production in the industrial chain, the demand suppressed by the epidemic will continue to be released.

The Ministry of Industry and Information Technology will further improve the stability of the industrial chain supply chain

In April, 8 departments including the Ministry of Industry and Information Technology and the Ministry of Commerce requested to investigate the supply chain risk points and clarify the key nodes of the supply chain, important facilities, and the situation and geographical distribution of major first- and second-tier suppliers. In July, in order to maintain the stability and unimpeded supply chain of the industrial communications industry, the Ministry of Industry and Information Technology publicly solicited opinions from the public to find and resolve the difficulties and risks faced by enterprises and industries.

Xin Guobin, Vice Minister of the Ministry of Industry and Information Technology recently requested that in the second half of the year, improving the stability and competitiveness of the supply chain of the industrial chain should be the top priority, focusing on making up for shortcomings and forging longboards, improving industrial infrastructure and modernization of the industrial chain, and strengthening manufacturing. The foundation of a powerful country and the chassis of a modern economic system.