Industry dynamics of February 2023

Updated: Feb 28,2023 2:00 PM english.sheitc.gov.cn

1.191 major municipal projects drive high-quality development, play a key role in investment, continuously optimize the business environment, and provide a "green channel" for major project construction

 

This year, Shanghai firmly grasped the key role of major project construction, played the role of investment in optimizing the supply structure, and arranged 191 formal projects of major projects in the city. Among them, 15 new projects are planned to be started and 26 projects will be completed during the year, with an annual planned investment exceeding RMB215 billion. At the same time, 48 preparatory projects were arranged. Major projects in Shanghai focus on implementing the national strategy, supporting the development of key areas, cultivating and building new industries, continuously improving people's livelihood, and constantly promoting city construction.

 

This year's major projects in Shanghai focused on innovation and guidance, and promoting the construction of national scientific apparatus in terms of "high-tech" industries, creating three leading industries such as integrated circuits, biomedicine and artificial intelligence, with a total of 77 projects arranged. Among them, 69 are under construction, including hard X-ray free electron laser, Zhangjiang Laboratory, CR929 wide-body passenger aircraft research and development, SMIC Lingang, UIH Medical, Shang Tang Artificial Intelligence Computing Platform and Huawei Shanghai Base. 8 new projects are planned to be started, including key physical technology projects of magnetoinertial confinement fusion energy system, which is the first project of major national science and technology infrastructure during the 14th Five-Year Plan. Other newly started projects include industrialization of special electronic materials for Jiangfeng Lingang, AVIC Kaimai Infrared Detector Base, Daxin CITIC Haizhi East China UAV Base, Zhuangchen China Manufacturing Plant, Huayi Syngas, Shanghai Shaanxi Coal R&D Base, and functional improvement of the core area of North Bund.

 

2.Improved industrial system further enhances the resilience of China's industrial chain supply chain

 

As a key manufacturer, China has the supply advantage of complete industrial system and strong industrial chain resilience, which occupies an important position in the global industrial division of labor system and supply chain system.

 

China has the most complete industrial system in the world, with the output of more than 220 kinds of industrial products ranking first in the world. It is one of the countries with the most complete industrial categories in the world and an important participant and maintainer of the global industrial chain supply chain. In 2022, the added value of industrial enterprises above designated size increased by 3.6% year-on-year. The total industrial added value reached RMB40.2 trillion, and the manufacturing added value reached RMB33.5 trillion, ranking first in the world.

 

Automobile industry is an important pillar industry of national economy, with long industrial chain, wide coverage and strong driving force. China is not only the world's largest automobile producer, but also the world's largest consumer.

 

In response to the impact of COVID-19 last April, China set up a supply chain coordination platform for automobile industry chain, established a "red light" early warning mechanism for parts inventory of automobile enterprises, and promoted the solution of problems reflected by enterprises one by one to ensure the stable operation of the industrial chain.

 

Faced with the triple pressures of demand contraction, supply shock and expected weakening, the automobile industry continued to maintain a recovery growth trend. In 2022, China's automobile production and sales were 27.021 million and 26.864 million respectively, up 3.4% and 2.1% year-on-year. Among them, the annual sales volume of new energy vehicles exceeded 6.8 million vehicles, and the market share increased to 25.6%, gradually entering a stage of comprehensive market expansion.