Shanghai's industrial economy has accelerated its recovery and revitalization, with growth picking up rapidly in June
Release time：2024-09-04click：0
Since the beginning of this year, the city’s industrial system has actively responded to the impact of the epidemic and accelerated the recovery and revitalization of the industrial economy. In the first half of the year, the industrial economy walked out of the "V"-shaped curve. After April, industrial production bottomed out and rebounded, especially in June, when it recovered strongly. The added value of industrial enterprises above designated size increased by 13.9% from a decrease of 30.9% in May. The total industrial output value above designated size increased by 13.9%. It turned from a decrease of 27.6% in May to an increase of 15.8%, setting the highest monthly growth record since March 2021.
1. Operation situation in the first half of the year
1Rapid industrial production recover. In terms of value added, from January to June, the city's industrial added value fell by 11.3% on a comparable basis, and the decline narrowed by 5.3 percentage points from the previous month. In terms of output value, from January to June, the city’s total industrial output value was 1,715.5 billion yuan, a comparable decrease of 9.7%, and the decline was 5.6 percentage points narrower than the previous month. Strategic emerging industries were the first to recover. The manufacturing output value was 717 billion yuan, accounting for 41.8% of the city's industry, a year-on-year decrease of 2.1%, a decrease of 7.6 percentage points smaller than the city's. Among them, new energy vehicles (57.2%) and new generation Information technology (8.2%) bucked the trend and grew. Both ends of production and demand are working simultaneously. After the resumption of work and production was fully launched, companies accelerated the progress of order replenishment. In June, 45.3% of the surveyed companies had a capacity utilization rate of more than 70%. Residential consumption replenishment was combined with consumption promotion policies to stimulate, and the sales rate of industrial products was 100.5%. A year-on-year increase of 0.88 percentage points. In June, Shanghai's manufacturing PMI rebounded to 67.4%, indicating a significant improvement in prosperity.
2High-end industries lead development. From January to June, the manufacturing output value of the three leading industries was 180.6 billion yuan, a year-on-year increase of 4.3%. Among them, the output value of Integrated Circuit increased by 13.3% year-on-year. Leading companies such as SMIC, Huahong, and TSMC continued to stabilize Production; artificial intelligence output value increased by 14.7% year-on-year, new digital infrastructure drove the rapid growth of Quectel's 5G equipment manufacturing, and smart factory transformation promoted rapid growth in the robotics industry; biomedicine output value The year-on-year decrease was 5.4%, and the industry was divided internally. Biopharmaceuticals, pharmaceutical equipment and materials increased by 43.1% and 12.8% respectively year-on-year, and pharmaceutical and equipment manufacturing decreased by 8% and 5.1% respectively.
3. Industrial exports turned from negative to positive. In the first half of the year, the industrial export delivery value was 366.9 billion yuan, a year-on-year increase of 3.7%, driving the industrial sales output value to increase by 0.7%. Among them, the export delivery value in June was 78.9 billion yuan, a year-on-year increase of 25.3% and a month-on-month increase of 54%. Electronics and automobiles are the main support for the normalization of industrial exports. In the first half of the year, the exports of the electronics industry were 175.2 billion yuan, an increase of 6.9%, mainly due to the increase in shipments of Pegatron, Quanta and other companies; the exports of the automobile industry were 44.6 billion yuan, an increase of 56.9%, mainly due to the increase in shipments of Pegatron and Quanta. It is driven by the export of Tesla and SAIC new energy vehicles.
Second, the main next step
First,strive to stabilize investment and grasp project construction. Focus on investment in key areas such as Pudong, Lingang, and Songjiang, and capture newly started projects into the system. Promote investment promotion, rely on the "Five Meetings and Three Festivals" to hold investment promotion activities, and accelerate the implementation of projects signed by the Global Investment Promotion Conference (322 projects were signed at this year's conference, with a total investment of 565.8 billion yuan). Promote the start of project construction, formulate a new round of three-year action plan for technological transformation, and implement a number of high-quality technological transformation projects. Promote the completion and commissioning of projects, accelerate the completion of Huawei R&D center, Tencent Artificial Intelligence Industrial Base, Shanghai Pharmaceuticals Industrial Base, etc., and output of major industrial projects under construction.
The second is to continue to strengthen the leadership function of high-end industries. Three leading industries, Integrated circuits, promote the accelerated construction of production capacity expansion and other projects; Biomedicine, accelerate the coordination of new coronavirus vaccines, therapeutic drugs, and new tests R&D and industrialization of reagents, antigen detection reagents, etc., and deepening the pilot construction of industry-medical integration demonstration bases;artificial intelligence,promoting artificial intelligence industry legislation, and accelerating the pilot application of intelligent nucleic acid sampling systems. Six key industries, Electronic information promote the second phase production capacity improvement of Hehui Optoelectronics, and accelerate the industrialization of pre-installation of domain controllers and vehicle-mounted intelligent computing system products; Life and health Promote the R&D and industrialization capacity building of Junshi Biologics, Maiwei Biologics small molecule drugs and COVID-19 neutralizing antibodies; Expand SAIC’s advantages) and seizeEcology (software and hardware ecology); High-end equipment Accelerate the formulation of a high-quality development action plan for shipbuilding and offshore engineering, and promote the demonstration application of domestic LNG ships; Advanced materials Accelerate the first phase of large tow carbon fiber , high-strength and high-modulus polyacrylonitrile carbon fiber and other platform projects were put into production; fashion consumer goods formulated and released an action plan for the high-quality development of the cosmetics industry, and continued to promote Pudong cosmetics legislation.
The third is to accelerate the layout of new tracks and cultivate new momentum. Implement three action plans: green low-carbon, metaverse, and smart terminals. Building new advantages in green and low-carbon development Focusing on the five major areas of "new technology, new processes, new materials, new equipment, and new energy", we will accelerate the cultivation of Jiading Hydrogen Port, Baowu Carbon Neutral Industrial Park, etc. The characteristic park promotes high-quality development of green enterprises, zero-carbon demonstration factories, and green industrial chains. Seize the development of the new ecosystem of the Metaverse, promote the "five-in-one" layout of links, interactions, computing, tools, and ecology, and implement the four-pronged strategy of building industrial highlands, upgrading digital formats, integrating and empowering models, and cultivating innovative ecosystems. Big move. Expand new momentum for the development of smart terminals, promote terminal products such as smart connected cars, smart service robots, smart homes, smart wearables, and virtual displays, and consolidate terminal smart manufacturing capabilities such as chip products and basic application platforms and other software With the two basic supports of the system, we will create a number of smart terminal brands with Shanghai identity and accelerate the launch of a number of benchmark products in logistics, senior care, medical, industrial and other scenarios.
