The report pointed out that to build a modern industrial system, we must focus on the real economy, promote new industrialization, and accelerate the construction of a strong manufacturing country, a strong quality country, aerospace country, a strong transportation country, a st

2025/05/2716:18:35 finance 1491
The report pointed out that to build a modern industrial system, we must focus on the real economy, promote new industrialization, and accelerate the construction of a strong manufacturing country, a strong quality country, aerospace country, a strong transportation country, a st - DayDayNewshtmlOn October 16, the 20th National Congress of the Communist Party of China was grandly opened in the Great Hall of the People in Beijing. Photo/Xinhua News Agency

htmlOn the morning of October 16, the 20th National Congress of the Communist Party of China opened in the Great Hall of the People in Beijing, and Xi Jinping delivered a report to the conference on behalf of the 19th Central Committee.

report points out that to build a modern industrial system, insist on focusing on the development of the economy on the real economy, promote new industrialization, and accelerate the construction of a strong manufacturing country, a strong quality country, aerospace country, strong transportation country, strong network country, and digital China.

insists on focusing on the real economy in developing the economy. What does this mean? What role will the real economy play in promoting Chinese-style modernization? In this regard, Beijing News Beijing Think Tank interviewed Jia Kang, a member of the expert committee of the Beijing Think Tank, founding president of the Huaxia New Supply Economics Institute, and a special expert of the National Committee of the Chinese People's Political Consultative Conference Political Consultative Conference Talent Bank.

Manufacturing is the backbone of the real economy and the national economy

New Beijing Think Tank: The report points out that to build a modern industrial system, we must insist on focusing on the development of the economy. what does that mean?

Jia Kang : According to economics classification, there are primary industry, secondary industry, tertiary industry . The most important part of the manufacturing industry in the real economy belongs to the secondary industry. The report proposes that the focus of economic development is on the real economy, which is of great guiding significance. Among them, the focus point is close to the meaning of "key point" and "high attention" and is logically connected to operations. Therefore, the term "focus point" is further emphasized on the original basis, which means that our main focus of developing the economy and achieving industrial upgrading must be put into the real economy.

my country's economy has changed from a long-term development with high-speed development characteristics and annual double-digit growth rate to a high-quality development seeking medium-speed and high-quality development. This report emphasizes that the focus of economic development is on the real economy. I understand that after it has clearly stated that financial development must serve the real economy, it will further focus on the idea of ​​high-quality development and put the most basic foundation of high-quality development on the upgrading and development of the real economy.

It should be emphasized here that manufacturing is the backbone of the real economy and the entire national economy, and the upgrading and development of manufacturing is the most important part of the upgrading and development of the real economy. At present, my country's manufacturing industry is still "big but not strong", and this problem must be solved through upgrading and development. This is an important driving force for my country to realize the "two-step" development strategy in the new era.

my country's manufacturing industry is moving towards a high-end position in the industrial chain

New Beijing Think Tank: What aspects are worth paying attention to in developing the real economy?

Jia Kang: We must emphasize in particular that the development of the industrial economy must make enterprises vibrant and have the internal motivation for innovation. Then we must have supporting implementation and deepen reforms to overcome difficulties, and unswervingly promote high-level opening up echoing reforms. Only in this way can institutional innovation bring out management innovation and scientific and technological innovation, fully open up the huge potential space for the objective "growth" of our country, and truly support the promotion of the upgrading and development of the real economy in the sense of full factor productivity.

Now, my country's manufacturing industry is large but not strong. The most prominent manifestation is that it is in the global value chain and industrial chain. Our main production capacity is located in the middle of the "smile curve".

smile curve is about the process of forming effective market supply, which is more advanced is creative and innovative design, and the middle is processing and production, the end brand marketing, after-sales service, and market expansion, from left to right, the gradual relationship between the global supply chain and the value chain. The links at the left and right ends are high-yield, while the processing and production in the middle are low-yield. The shape of the curve on the rectangular coordinate system of is high at both ends and low at the middle, similar to the mouth shape when a person smiles, so he is named.

After my country's reform and opening up, it first joined the global market economic system , which entered the middle, including " three to one supplement ".We initially relied on our relatively advantageous low labor costs and resource development costs to attract foreign capital, technology and management experience. After decades of development, the situation of our country as the "world factory" has been formed, but now our large amount of production capacity is still in the middle. For example, although more than 80% of the world's toys are produced locally in China, there are no well-known children's toy brands in China. Barbie doll , Lego building blocks , etc. are all foreign brands.

If my country wants to turn manufacturing from big to strong, it must strive to rise from the middle of the smile curve to the high-end position on the left and right. For example, some automobile manufacturers in Guangzhou have a good reputation in the market and sell well, but their location is still in the middle. Later, based on the basis of "introduction of technology, digestion, absorption and reinnovation", they themselves formed a product series with completely independent intellectual property rights in the process of upgrading and development, and new products sold quite well. This initially shows that this automobile manufacturer has made progress in upgrading through its own efforts and has reached the high-end with the smile curve.

At this time, they may also transfer their production lines to places like Vietnam, Indonesia , but they still firmly grasp the high-end benefits, lower their comprehensive costs, and form a new upgraded multinational company model.

There are currently such cases in my country that are worthy of attention and that the manufacturing industry is pushing up to the high end of the smile curve. This shows that in our country unswervingly promotes innovative development, it has great potential to focus on the real economy in the development of the economy.

Beijing News reporter Ke Rui

edited Zheng Weibin

proofreading Wu Xingfa

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