China's Industrial Economy Begins Year Of The Tiger With Vigor - Industry News - News

With motors rotating and machines roaring, China's industrial firms started the first week after the Chinese Lunar New Year holiday full of vim and vigor.

Facing multiple challenges in 2022, Rong Juchuan, founder of the Beyond Group, a textile company headquartered in Ningbo, East China's Zhejiang province, said the company "can't just wait, but should take the initiative."

Rong은 2022년에 디지털 기능을 개선하고 라이브 스트리밍 플랫폼과 같은 새로운 판매 채널을 활용하여 운영 비용을 낮추고 잠재 수요를 활용하는 데 우선순위를 둘 것이라고 말했습니다.{1}

Recent economic data has echoed such enthusiasm for business. The purchasing managers' index (PMI) for China's manufacturing sector, a key economic barometer, came in at 50.1 in January, staying in the expansion territory for three months in a row.

In particular, manufacturing companies' confidence was on the rise, with the sub-index for production and operation activity expectations at 57.5, up 3.2 percentage points from a month earlier.

China's economic performance in the first quarter is expected to beat market expectations, said Li Chao, chief economist of Zheshang Securities, citing a PMI remaining above the boom-bust line for three consecutive months and steady credit growth.

The resilience of China's industrial economy was also reflected in other barometers, including the total consumption of electricity.

One of the country's industrial powerhouses, East China's Jiangsu province, saw its total electricity use rise 18.27 percent year-on-year during the holiday, while Hubei, a key manufacturing base in China, reported a 36.45-percent year-on-year increase in power use.

According to an estimate of the China Electricity Council, the country's total electricity consumption will rise by 5 percent to 6 percent year-on-year in 2022.

In the face of headwinds such as high commodity prices and supply chain challenges, China has prioritized stable growth for industrial development in 2022, which is the "ballast stone" of the macroeconomic market.

Xiao Yaqing 산업 정보 기술부 장관은 Xinhua와의 이전 인터뷰에서 안정적인 산업 성장, 특히 2022년 1분기의 좋은 출발을 보장하는 것이 가장 중요한 과제로 설정되어야 한다고 말했습니다.

안정적인 확장을 보장하기 위해 중소기업의 발전을 촉진하고{0}공급망 복원력을 강화하며 신에너지 차량(NEV)과 같은 신흥 부문의 역할을 충분히 발휘하는 등 다양한 조치가 시행되었습니다. .

The ministry aims to incubate about 3,000 "little giant" firms this year, referring to small enterprises in their early stage of development and focusing on high-end technologies.

"In 2022, more importance will be attached to promoting collaboration and innovation among small, medium-sized and large enterprises," said Xu Xiaolan, vice-minister of industry and information technology.

The NEV market could be another driving force shoring up China's industrial growth. The country's NEV sales ranked first globally for a seventh straight year in 2021.

앞으로 중국은 칩 부족 해소, 배터리 교환 스테이션과 같은 지원 시설 개선, NEV 전원 배터리의 재활용 및 활용을 통해 이 급성장하는 부문의 성장을 더욱 촉진하는 것을 목표로 하고 있습니다.