Sustained And Healthy Development Of Private Investment Is Conducive To Economic Growth.

The national development and Reform Commission recently convened a videophone conference to promote private investment in the development of new energy and develop new economy. It stressed the need to continue to push forward the reform of the "letting out service" reform, further promote the relaxation of private capital market access, and encourage and guide the sustained and healthy development of private investment.

The development and Reform Commission said: the next step will be good.

The guiding role of internal investment is to encourage social capital to participate in the construction of key areas; increase the support of special construction funds for private investment, help private enterprises fund projects fall to the ground, and continue to vigorously promote the PPP mode.

The development and Reform Commission held that: in the first 4 months, the overall economic operation was stable and steady progress. Positive changes continued to accumulate, and the main economic indicators met expectations.

The investment situation has improved. In the first 4 months, the fixed asset investment in the whole country increased by 10.5% over the same period last year. Investment in infrastructure has maintained a rapid growth. Investment in real estate development has continued to rise, and the total investment in the new project has increased substantially. It has played an important role in making up short boards, adjusting the structure, cultivating new kinetic energy and ensuring economic operation in a reasonable range.

But we should also see that

The foundation of smooth operation is still not stable. Supply side, structural and institutional contradictions are still outstanding. The growth rate of manufacturing investment is low, and the growth rate of private investment continues to decline. We should attach great importance to and in-depth analysis, identify the crux and suit the right medicine, and strive to promote sustained and healthy development of private investment.

The development and Reform Commission stressed: we should make great efforts to push forward the supply side structure.

We must unswervingly carry out production capacity, take measures to reduce costs, and do our best to make up for shortage, and do a good job in inventory and deleveraging.

At the same time, we should open up new investment fields, and strive to make investment in the role of "one stone, three birds" in short board, adjusting structure and cultivating new kinetic energy; pay attention to mining new consumption demand, further promote consumption steady growth; accelerate the development of new mode of new technology and new industry, accelerate the development of new industry mode, optimize the environment for pioneering and innovation, push forward the comprehensive innovation and reform experiment, strive to expand the new space for economic development, and make every effort to carry out the "three major tasks" of "one belt and one road", the coordinated development of Beijing, Tianjin and Hebei, the development of the Yangtze River economic belt, the "three major strategies" and the "double tasks", the new urbanization and international capacity cooperation, and accelerate the formation of new growth points, growth poles and growth axis belts.

At the same time, we must adhere to the bottom line thinking and sense of hardship, enrich our policy reserves, strengthen our anticipation and enhance market confidence.

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Yesterday, Boston consulting company issued the latest report "the future productivity of industrial 4.0: and the future of manufacturing industry", pointing out that with the promotion and adoption of industrial 4 technology in China, the production efficiency of Chinese enterprises will be increased by up to 25%, which can create an additional value of RMB 6 trillion yuan, and affect the work of millions of employees.

In BCG's view, although it will take 20 years to fully implement industrial 4 technology, the great progress of technology in the next 5-10 years will make the gap between losers and winners continue to widen.

The report points out that in China, the profit brought by industrial 4 is mainly reflected in the improvement of production efficiency.

Over the next 5-10 years, more and more local companies will follow the requirements of the industrial 4 era, which will enhance the overall efficiency of the domestic manufacturing industry.

Conversion cost (excluding material cost) increased by 15%-25%.

If the material cost is taken into account, the 5%-8% can be increased.

According to the calculation, the total sales cost of manufacturing industry is about 85 trillion yuan, which means that China's overall industrial production efficiency has a potential of 4 trillion -6 trillion yuan.

The degree of improvement in various industries will be uneven, for example, industrial component manufacturers may achieve the highest productivity increase (20%-35%), while the estimated increase in automobile companies is 10%-20%.

The report also pointed out that the rising middle class has a strong desire to upgrade consumption, which will further promote the development of the industry.

The whole society's demand for large-scale customized production will increase day by day, which in turn will promote the use of industrial 4 technology to cope with the complexity of production.

In addition, the report also believes that the 4 era of industry will vigorously change the way industrial workers complete their work, and will create new jobs and eliminate some outdated jobs.

This means that the regular jobs with heavy labor will continue to decrease, and more jobs need to be flexible, problem solving and customized solutions.

Under the background of industrial 4, enterprises must invest a lot of time and experience to acquire the capabilities required by industry 4 technology.

Chinese enterprises and governments must work closely together to invest continuously in education and training of experts and staff, and bring valuable opportunities to our industry 4. "

BCG partner, special director of operations China Greater China Du Wei said.