Views: 62 Author: Site Editor Publish Time: 2021-12-29 Origin: Site
After two consecutive months of negative growth, profits of industrial enterprises turned from decline to increase in June, with the growth rate picking up 7.3 percentage points from the previous month. In the first half of the year, profits of industrial enterprises above designated size increased by 1% year-on-year. Profits turned from falling to increasing in June and maintained slight growth in the first half of the year. This positive change in the industrial economy is hard-won.
Since the second quarter, some regions and industries have been greatly affected by the epidemic, which has dragged down the profit growth of industrial enterprises. In April, profits of industrial enterprises turned from increase to decrease, down 8.5% year-on-year. With the overall improvement in the domestic epidemic prevention and control situation and the implementation of a package of policies and measures to stabilize the economy, the industrial economy has gradually stabilized and rebounded. In May, the profits of industrial enterprises above designated size nationwide fell by 6.5% year-on-year, with the decline narrowing slightly. In June, profits of industrial enterprises above designated size nationwide increased by 0.8% year-on-year.
The "V" shape in the performance of industrial enterprises in the second quarter shows that my country's industrial economy withstood the impact and pressure in the first half of the year, demonstrating strong industrial resilience, corporate vitality and development strength. Facing the difficulties and challenges brought by the epidemic, our country has efficiently coordinated epidemic prevention and control and economic and social development. Various departments and regions have actively implemented a series of policies and measures to stabilize growth. Enterprises have overcome difficulties, increased their capacity and stabilized production. At the same time, the implementation of combined tax and fee reduction policies has been accelerated, and policies such as guaranteed supply and stable prices of energy and raw materials have achieved significant results, helping the midstream and downstream industries to continue to improve their efficiency, and the profit differentiation between upstream and downstream industries has eased.
The significant repair of industrial and supply chains in key regions and key industries has played an important role in improving the profit data of industrial enterprises. Taking the automobile industry as an example, the automobile manufacturing industry was severely affected in April, which affected the profit of the manufacturing industry to fall by 6.7 percentage points that month. As the series of policies to stabilize the economy have accelerated and taken effect and the industrial and supply chains have further recovered, major automobile production areas such as Shanghai and Jilin have accelerated the resumption of work and production. The year-on-year growth rate of the added value of the automobile manufacturing industry in June has changed from a 7% decrease in May to a substantial increase of 16.2%. %, the profits of the automobile manufacturing industry also turned from a decline to a substantial increase of 47.7%, becoming the industry that has the greatest role in driving the recovery of profits of industrial enterprises.
Industry is the main body and growth engine of the national economy. A stable industry will ensure a stable economy. Judging from the current situation, the internal and external environment has become more complex and severe, there is still a certain pressure on the sustained and stable recovery of the industrial economy, and hard work is still required to ensure the smooth operation of the industrial economy.
To circulate smoothly. The industrial chain and supply chain are the backbone of the economy. Currently, the problem of poor connection between industrial production and sales still exists. It is necessary to further smooth the main roads and microcirculation of transportation and logistics, and strive to solve the problems of unblocked traffic in some places; it is necessary to focus on key areas, key industries and key enterprises, make every effort to ensure the smoothness and stability of key industrial and supply chains, and accelerate the improvement of enterprises' stable production and production. level to minimize the impact of the epidemic on normal production and operations of enterprises.
It is necessary to strengthen the subject. Market entities are the foundation and resilience of economic development. Although there were positive changes in the profits of industrial enterprises in June, the current profit growth rate is still at a low level, and corporate losses are still large. Although the decline in manufacturing profits has narrowed, it is still down 9% year-on-year. In particular, some midstream and downstream industries are facing the double squeeze of high fluctuations in bulk raw material prices and insufficient market demand, and will face many difficulties in future production and operations. It is necessary to accelerate the implementation of a package of policies to stabilize the industrial economy and achieve results, ensure the supply and stable prices of electricity, coal, etc., and further strengthen the relief and problem-solving support for small, medium and micro enterprises, so that they can receive benefits as soon as possible, recover their strength, overcome the difficulties, and lay a solid foundation Do a good job in cleaning up the accounts owed to small and medium-sized enterprises.
To expand demand. Economic activities require the combination of various production factors to be organically connected in all aspects of production, distribution, circulation, and consumption, so as to achieve circular flow. At present, market demand is still insufficient, and industrial capacity utilization and production and sales rates are low. We must give full play to the driving role of the strong domestic market in industrial economic growth, increase the intensity of policies to stabilize investment and expand consumption, and steadily increase bulk consumption such as automobiles and home appliances, so as to The recovery in demand will boost the supply of industrial products.