On October 25, the Ministry of Industry and Information Technology introduced the industrial development situation in the first three quarters of this year at the press conference held by the National Office of the New Zealand: the industrial added value above designated size increased by 10% year-on-year, and the industrial economy was generally stable and stable, chemical industry, etc. The production growth of the raw material industry showed signs of stabilization. With the further development of the policy of steady growth of enterprises, it is expected that the growth rate of industrial production in the fourth quarter will be higher than that in the third quarter.
According to the data released by the Ministry of Industry and Information Technology, from January to September, the industrial added value above designated size increased by 10% year-on-year, with an increase of 11.6% in the first quarter, 9.5% in the second quarter, and 9.1% in the third quarter. The year-on-year growth rates of 7, 8, and 9 were 9.2%, 8.9%, and 9.2%, respectively. In terms of sub-industries, the production growth rate of certain raw material industries such as chemicals, building materials, and non-ferrous metals showed signs of stagnating and stabilizing. In September, the growth rate of the value added of raw material industry reached 10.8%, which has risen for two consecutive months.
According to Zhu Hongren, a member of the Party Committee of the Ministry of Industry and Information Technology and chief engineer, the industrial restructuring and upgrading in the first three quarters proceeded in an orderly manner. The special financial investment plan for the central government budget has been released, and major industry mergers and reorganizations have made positive progress. Most of the 2,761 backward production lines included in the list of eliminated backward production capacity have been shut down, and some production line equipment has been dismantled. In the first three quarters, the added value of high-tech industries increased by 11.7% year-on-year, and the state's policy of supporting small and micro enterprises was also actively implemented.
Regarding the industrial situation in the fourth quarter, Zhu Hongren believes that at present, the leading indicators such as regional data, industry data, and PMI, as well as the daily average generating capacity, show positive signals, so the growth rate of industrial production in the fourth quarter may be higher than that in the third quarter. To lay a good foundation for achieving the expected target of 7.5% of GDP for the year.
In addition, Zhu Hongren also briefed the Ministry of Industry on the handling of irregular production of rare earths. The Ministry of Industry and Information Technology has severely cracked down on the recent occurrence of lawless elements to transfer production capacity to neighboring provinces and regions other than rare earth resources, and the Ministry of Industry and Information Technology has severely cracked down on it, established a hotline for reporting hotlines, and issued the “Regulation on Rectifying and Rectifying Rare Earthâ€. Notice of irregularities." The Ministry of Industry and Information Technology said that it will continue to strictly implement the directive production plan for rare earths. The next step will also be to supervise the key cases with the public security, supervision, land and environmental protection departments, and severely crack down on illegal production and violations of rare earth production.
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