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

A number of data support the recovery of China's manufacturing industry

In August, China's foreign trade exports reached 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 under the background of the severe impact of the epidemic on the global industrial chain and supply chain, China took the lead in returning to work and production. In August, China's export growth picked up sharply, reflecting the strong resilience of made in China as a "world factory".

At present, made in China is increasing its horsepower. In August, the purchasing manager index (PMI) of China's manufacturing industry was 51.0%. Among them, the new order index was 52.0%, rising for four consecutive months, indicating that the manufacturing market demand continued to recover.

Data in the high-tech sector also improved significantly. In July, the added value of electronic information manufacturing industry above designated size increased by 11.8% year-on-year, with a year-on-year growth rate of 5.7 percentage points; The export delivery value of electronic information manufacturing industry above designated size increased by 10.7% year-on-year, 7.4 percentage points faster than 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 China's electronic information industry, and the cash flow pressure of such enterprises is still large. With the coordinated resumption of work and production of the industrial chain, the demand restrained by the epidemic will continue to be released.

The Ministry of industry and information technology will further improve the stability of industrial chain and supply chain

In April, the Ministry of industry and information technology, the Ministry of Commerce and other eight departments required to investigate the supply chain risk points and clarify the situation and geographical distribution of key nodes, important facilities, main primary and secondary suppliers in the supply chain. In July, in order to maintain the stability and smoothness of the industrial chain and supply chain of the industrial communication industry, the Ministry of industry and information technology publicly solicited opinions from the society to deeply find and solve 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, we should take improving the stability and competitiveness of the industrial chain supply chain as the top priority, strive to make up for weaknesses and forge long plates, improve the level of industrial foundation and industrial chain modernization, and build a solid foundation for a manufacturing power and the chassis of a modern economic system.