Equipment Manufacturing Investment Leads New Economic Trends

In the first half of this year, the South China Sea industrial investment conversely rose. The industrial investment was 23.557 billion yuan, a year-on-year increase of 59.8%; the investment amount in the total fixed asset investment gradually caught up with the real estate industry, the former was 30.9%, the latter was 36.0%.

The Nanhai District Development Planning and Statistics Bureau recently released statistical data for the period from January to October. The accumulative total investment in fixed assets was 76.143 billion yuan, a year-on-year increase of 16.1%. Among them, industrial investment reached 23.557 billion yuan, accounting for 30.9% of total investment, a substantial increase of 59.8% year-on-year; zero-dining meals completed investment 3.053 billion yuan, an increase of 32.5%; real estate development completed investment 27.426 billion yuan, accounting for 36.0% of total investment, The year-on-year decrease was 15.6%.

The increase in the percentage of completed industrial investment comes from three aspects of power. It is worthwhile to pay attention to the two sets of data.

If we analyze quantitatively, we can see that the amount of investment completed by the industry and the proportion can be seen, and the industrial investment growth in the South China Sea is accelerating, and its proportion is gradually approaching the real estate industry. For example, in the period from January to October, the proportion of industrial completed investment was 30.9%, and the proportion of real estate development completed investment was 36.0%.

Compared with the data published on the South China Sea statistical information network, it can be seen that in the first half of last year, the proportion of industrial completed investment was 22.46%, and the proportion of completed investment in real estate development was 49.52%. The data intuitively reflects the emphasis placed by the South China Sea on industrial investment in fixed assets, especially industrial investment, and further adjustments in the investment structure.

From the perspective of qualitative analysis, the structural analysis of the 59.8% ratio of the increase in investment in industrial completion can be used to explore the internal driving force supporting this substantial growth. The person in charge of the investment section of the Development Planning and Statistics Bureau of the South China Sea said that this increase mainly comes from the contribution of three factors, namely advanced equipment manufacturing, industrial technology reform and FAW-Volkswagen Phase II project.

The department provided detailed data: From January to October this year, the investment in advanced equipment manufacturing in the Nanhai District reached 12.83 billion yuan, an increase of 67.0% year-on-year; the investment in industrial technological innovation reached 11.39 billion yuan, an increase of 44.7% year-on-year; FAW The public's second-phase project has an investment of 5.1 billion yuan. The above three factors have overlapping content, so the sum of the three is greater than 23.557 billion yuan.

The increase in gross output value of advanced manufacturing industries far exceeds that of traditional industries

The results of structural analysis show the future direction of the industrial economy in the South China Sea. Under the environment of overcapacity and global investment slowdown, Nanhai manufacturing industry, especially advanced manufacturing industry, is the core of industrial economy and further optimizes its investment structure. With the joint promotion of "tangible hand" and "invisible hand," technological transformation has become an important measure for enterprises to transform and upgrade and seize the market.

The adjustment of investment structure has had a positive effect on the industrial economy of the South China Sea. A group of industrial statistics above the scale from January to September shows this. In the first nine months of this year, the advantageous traditional industries in the South China Sea achieved an output value of 103.354 billion yuan, a year-on-year increase of 2.5%. Compared with traditional advantageous industries, the total output value of advanced manufacturing industries in the South China Sea is 142.062 billion yuan, and the year-on-year growth rate has reached 10.7%; the total output value of the high-tech manufacturing industry is 44.541 billion yuan, a year-on-year increase of 12.7%. The contrast between the growth rates reflects the internal motivation of Nanhai's policy guidance on the advanced nature of the industry.

Depth

Confirming the growth direction of advanced manufacturing

Liang Weidong, member of the Standing Committee of the Foshan Municipal Committee and Secretary of the Nanhai District Committee, made an assessment on the current growth of the advanced manufacturing industry in the South China Sea during the online micro-interview on December 8. He quoted two sets of data for the industrial transformation and upgrading of the industry and companies to bring about the substantial results, indicating the direction of development of the manufacturing industry.

“First, the industrial growth rate of the above-scale industries in the South China Sea in the first three quarters of this year was about 8.7%, but the growth rate of the advanced manufacturing industry was 10.2%, which means that if the advanced nature of the industry were to increase by a grade, it would prove that the market’s growth was better. The other is the growth rate of high-tech enterprises, which reached 12.3% in the first three quarters.In other words, if you have independent innovation capability, have your own brand, and the quality of your company is constantly improving in the transformation and upgrading, there will still be room."

The downward pressure on the global economy still exists. In the downturn process, industries and enterprises must be shuffled. Liang Weidong admitted this point in an on-line micro-interview on December 8. In fact, this local official never talks about the pressure of economic development.

"With overcapacity and global investment slowing down, China's goal of building a well-to-do society by 2020 will mean strong growth in domestic demand, and the nature of capital will make its investment in China a steady one. The growth trend.” This is a statement he made on public occasions on November 25th, with the intention of encouraging the “squad leaders” of towns, towns and districts present in the district to have a sense of prophecy in regional competition and to seize the leading opportunities for development in the South China Sea.

According to the Nanhai District Political Research Office, Liang Weidong uses the weekends to visit the company almost every week. However, the trip is low-key and generally only brings one or two people to the line and does not notify the media. Only a small amount of information has been disclosed. For example, he investigated Guangya Aluminum on October 17th this year; when investigating large-scale foreign-funded enterprises such as FAW-Volkswagen on December 24 last year, he emphasized that the government should give full play to the leading role of foreign-funded enterprises, strengthen investment promotion, and guide industry gathering. To create a full industrial chain.

Some observers indicated that the private economy in the South China Sea is well developed, with a large number but small individual scale, weak independent innovation capability, and weak overall market vitality. The equipment manufacturing industry is gathering in the South China Sea. There is no shortage of hidden champions in the sub-sector industry. Thinking about how to further guide industrial agglomeration, promote transformation and upgrading of traditional industries, raise awareness of innovation, increase market vitality, and build a full industrial chain are undoubtedly the key to the success of South China Sea industrial transformation.

Obviously, the further optimization of the investment structure, especially the emphasis on industrial investment, is the essence of Nanhai's consideration in the division of labor and the promotion of the value chain.

The transformation of industrial technology into an important step in the transformation and upgrading of Nanhai enterprises

Foshan Weishang Furniture Co., Ltd., a traditional furniture company, has improved its informatization through technological transformation. Its annual sales have maintained double-digit growth. Its output value has exceeded 2 billion yuan in the past year. Jianmei aluminum, also located in Nanhai, Foshan, was once viewed as "Sunset Enterprise", after investing nearly RMB 500 million in technological transformation in the past three years, the company's efficiency has been significantly improved.

In the past year, examples of such breakthroughs in the output value and profitability of industrial enterprises as in the case of Visteon, Jianmei, and other industries in the South China Sea have been reported to the public. The data from the South China Sea Economic and Trade Bureau explained the enthusiasm of enterprises in the Nanhai District for industrial technological transformation. In 2013, 2014, and January-August 2015, the technological transformation investment in the Nanhai District completed 8.84 billion yuan and 10.05 billion yuan respectively. 8.69 billion yuan, accounting for 36.9%, 36.1%, and 33.5% of the city's total, completed the total for the first time in two consecutive years ranking first in the city, becoming the only district in the city with an annual turnover of over 10 billion yuan.

Some observers believe that the power from the government’s “tangible hand” should not be overlooked, and the top-down subsidies for technical reforms have also greatly ignited the enthusiasm of enterprises for technological transformation. As at the end of last year, Guangdong Province issued the Opinions on Promoting a New Round of Technological Transformation to Promote Industrial Transformation and Upgrade. In the next three years, the provincial government will allocate 7.5 billion yuan of special funds to support and guide more than 50% of industrial enterprises in the province. 20,000 large-scale enterprises completed a new round of industrial technological transformation. The city of Foshan has also introduced a supporting policy this year. In the next three years, it will release 2.4 billion yuan in technical reform funds.

Correspondingly, according to the economic and trade department of the South China Sea, Nanhai will also issue a special fund policy for general technological upgrading. From this year, it plans to invest 200 million yuan annually for technological transformation. The Bureau has compiled a list of corporate units that have been supported by relevant organizations from January to August this year, revealing that nine projects have been publicized through provincial and municipal special support. For example, the first-tier technology transformation project of the Waste Power Generation Plant of the Green Power Company received a special interest of 10 million yuan for the fifth batch of government-bank-enterprise cooperation projects, accounting for 85% of the total discount interest granted by Foshan City.

According to the Bureau, the following will focus on the creation of an enterprise technology center to guide and support the integration of innovation elements to companies. At the same time, it will strengthen cooperation with various types of innovation platforms and use the brain to provide technical and talent service support for enterprises to implement technical reforms. It also exerted its awareness of independent innovation, stimulated the endogenous power of the company, and boosted the transformation of the enterprises in the region.