Not long ago, the ten-year development report of China's industry and informatization was published. From 2012 to 2021, the added value of manufacturing increased from 16.98 trillion yuan to 31.4 trillion yuan, accounting for nearly 30 percent of the global total from around 20 percent. Of the 500 main industrial products, China ranks first in the output of more than 40%. Build the world's largest and most technologically advanced network infrastructure... The remarkable data and achievements outlined the extraordinary footprints of manufacturing in China in the past decade, marking China's historic leap from "manufacturing power" and "network power" to "manufacturing power" and "network power".

Manufacturing determines a country's overall strength and international competitiveness. It is the lifeblood of China's economy and the foundation for building a strong country. The manufacturing industry has a long value chain, strong correlation and great driving force. It provides raw materials, equipment, power and technology guarantee for agriculture and service industry, which determines the development level of modern agriculture and service industry to a large extent. It can be said that the construction of modern economic system cannot leave the leading and supporting of manufacturing industry. Moreover, the development of the manufacturing industry has significantly enhanced the people's sense of gain, from the popularization of smart home appliances to cars in every household; From broadband Internet access to 5G mobile phone applications... The remarkable enhancement of manufacturing strength has effectively improved the quality of the supply system and the development benefit of the whole national economy.

An important manifestation of high-quality development of manufacturing industry is the upgrading and optimization of industrial structure. Over the past decade, traditional industries have breathed new life into them through proactive yet prudent efforts to cut overcapacity and technological upgrading. Take the steel industry as an example. In order to get rid of losses, the largest capacity renewal plan in the history of the world's steel industry has been implemented with great determination. 140 million tons of "floor bar steel" has been cleared. Over the past decade, China has taken firm steps to foster and expand emerging industries, with high-tech manufacturing accounting for 15.1 percent of the added value of industries above designated size in 2021, up from 9.4 percent in 2012. Emerging industries have significantly increased their role in supporting manufacturing.

In the process of improving and upgrading the industrial structure, we will continue to strengthen innovation as the primary driving force. It is necessary to improve the capacity of independent innovation and master the right to speak in technology, whether it is to make up for industrial weakness, cope with external shocks, or forge the long board of development and form competitive advantages. From the "Striver" successfully sat at the bottom of 10,000 meters of the sea, to the C919 large passenger aircraft is about to receive evidence of delivery, from the 600 km/h high-speed maglev sample car successfully rolled off the production line, to the largest diameter shield machine "Jinghua" put into use...... A large number of landmark innovations have emerged, leading Chinese manufacturing to new heights. At the same time, China has made great progress in integrating new-generation information technology with the manufacturing industry. The initiatives for digital transformation, intelligent manufacturing and innovation and development of the industrial Internet have been further advanced, effectively promoting the quality, cost reduction, efficiency improvement, green and safe development of the manufacturing industry.

The leap from big to strong is inseparable from the tenacious struggle of market players. When manufacturing is strong, enterprises must be strong. Having a number of world-leading high-quality enterprises is a clear sign of a strong manufacturing country and an inevitable requirement for high-quality economic development. The number of industrial enterprises on the list of the World's top 500 reached 73, the assets of industrial enterprises above designated size doubled, and more than 40,000 specialized and innovative small and medium-sized enterprises were fostered. In the past ten years, one by one "indomitable" leading enterprises have come to the fore, and a large number of high-quality small and medium-sized enterprises have grown stronger. They are not only the epitome of the significant improvement of China's manufacturing strength, but also the new force of Chinese manufacturing towards Chinese creation.

As a new round of scientific and technological revolution and industrial transformation deepens, the global industrial and supply chains are facing restructuring, and international competition is intensifying. Brand new papers have been rolled out, and the harder questions are waiting to be answered. Standing at a new historical starting point, we will give higher priority to the high-quality development of the manufacturing industry and unswervingly build China into a manufacturing powerhouse, so that we can seize the opportunity of a new round of scientific and technological revolution and industrial transformation and build strategic advantages for future development.

Source: State-owned Assets And Administration Commission of The State Council