CCTV News: On January 21, the State Council Information Office held a series of press conferences on "The achievements of China's high-quality economic development". Relevant officials from the Ministry of Industry and Information Technology said that since 2024, my country's industrial economy has maintained overall stability and steady progress, and has played a "ballast stone" role in stabilizing the macroeconomic market.

Data shows that in 2024, the added value of industrial enterprises above designated size increased by 5.8% year-on-year, an increase of 1.2 percentage points from 2023. The overall scale of manufacturing industry has remained the world's first for 15 consecutive years, and the contribution of the industry and information technology fields to economic growth was 40%, effectively playing the role of "stabilizer" and "ballast stone".

In 2024, 39 of the 41 major industrial industries in my country maintained growth, and key industries such as electronics, nonferrous metals, chemicals, and automobiles contributed 40% to the growth of industrial production. The added value of equipment manufacturing industry above designated size increased by 7.7% year-on-year throughout the year, and the contribution rate to the growth of all industries above designated size reached 46.2%. Innovation capabilities in high-end equipment, artificial intelligence and other fields have been further improved, emerging industries such as new materials, biomanufacturing, and robots have grown rapidly, and new momentum has been accelerated.

The relevant person in charge of the Ministry of Industry and Information Technology said that in the next step, we will focus on promoting the implementation of existing policies and incremental policies and promoting the sustained and stable improvement of the industrial economy.
Zhang Yunming, Vice Minister of the Ministry of Industry and Information Technology, said that the implementation of a new round of work plans for stabilizing growth in the top ten key industries will be fully released, with the effects of large scale, wide correlation and strong driving force in these industries. Increase support for industrial provinces and industrial cities.

In addition, in 2024, under the influence of the "two new" policies, investment in equipment and tools purchases increased by 15.7% year-on-year, driving the growth of all investment by 2.2 percentage points. In the next step, the Ministry of Industry and Information Technology will step up efforts to promote the implementation of the "two new" policies and plan to launch a number of major investment projects with a focus on the "15th Five-Year Plan".

