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Sichuan Has Intensified Its Endeavor to Build Itself into a "Strong Province of Manufacturing"
Updated:2019.01.08
  At the beginning of this year, good tidings were carried by the Heavy Equipment Manufacturing and China Erzhong of Sinomach Group: theforgingon the outer cylinder of the main landing gear of the C919 large-scale passenger aircraft haspassed the installation review, which marked the landmark point where all the forgings on the landing gear of C919 large-scale passenger aircraft are solely produced by China alone. Meanwhile, the (Chengdu) Nose Design Center of Shanghai Aircraft Design and Research Center of COMAC, which was signed and settled in Chengdu before the turn of the year, is undergoing intense construction and it will serve asthe key to promote the expansion of Sichuancivil aircraft from pure manufacturing to research and development.

  The aviation industry that is active involved in building, expanding, and replenishing the chain is anepitome of the high-quality development of the Sichuan equipment manufacturing industry. The Third Plenary Session of the Eleventh Provincial Committee of the Provincial Party Committee proposed to build a “5+1” modern industrial system for electronic information, equipment manufacturing, food and beverage, advanced materials, energy and chemical industry and digital economy. In implementing the spirit of thePlenary Session of Provincial Party Committee, Sichuan Province devoted efforts to promote the high-quality development of the manufacturing industry and intensified its endeavor to build itself into a “strong province of manufacturing”.

  The data revealsa8.3% year-on-year growth of the added value of industrial enterprises above designated size in November 2018, representing a growth rate higher by 2 percentage points than the national average. The “5+1” industries has shown a strong momentum of development. It is estimated that the operating income of the five pillar industries will increase by about 15% for the whole year, accounting for more than 70% of the province's total; the digital economy will continue to lead the economy, maintaining a growth rate of over 20%.

  "Accelerating the construction of the '5+1' modern industrial system and promoting the high-quality development of the manufacturing industry will present an important opportunity to increasethe overall competitiveness ofSichuan's industries to the leading ranks in the state." Mr. Chen Xinyou, Director of the Provincial Department of Economic and Information Technology, said that Sichuan’s industrial system is complete to some point, but its real development momentum is considerably slow, and it is confronted with the problem of "imperfect industrial system". At present, the total addedvalue of Sichuan's industry ranks tenth in the country, and stilllags behind with a large gap compared with that of the sixth largest national economy. In addition, the proportion of industrial investment in Sichuan has remained low for a long time with primeval industrial levels. 70% of them are related to traditional resources, raw materials and heavy chemicals.

  The Third Plenary Session of the 11th Provincial Committee of the Provincial Committee proposed to accelerate the transformation and upgrading of traditional industries, take the initiative to develop strategic emerging industries, and focus on cultivating pillar industries worth trillions of yuansuch as electronic information, equipment manufacturing, food and beverage, advanced materials, energy and chemical industry. It also urged us to develop the digital economy,and to build a modern industrial system with Sichuan's unique advantages. This represents a key move whichtakes into consideration Sichuan's industrial background, development advantages and resource endowments, thus it willhelp utilizeits comparative advantages and seize the opportunities of development. That will effectively promote the high-qualitydevelopment of Sichuan's industry.

  The development direction has beenmade clear.The Opinions of the Provincial CommitteeofPeople's Government of Sichuan Province of the Communist Party of China on Accelerating the Construction of the "5+1" Modern Industrial System to Promote the High-Quality Development of the Industry issued recently has put forward specific "timetables" and "construction drawings." By 2022, the total scale of the five industries worth trillions of yuan in the province will exceed 6.4 trillion yuan, with the digital economy exceeding 2 trillion yuan.

  Among them, the scale of electronic information would exceed 1.7 trillion yuan, equipment manufacturing 1.2 trillion, food and beverage 1.4 trillion, advanced materials 1.1 trillion, and energy and chemicals 1 trillion.

  A package of supporting measures has been introduced. The General Office of the Provincial Government issued the Guiding Opinions on Optimizing the Regional Industrial Mix, which focused on the construction of the "5+1" modern industrial system to guide the local governments to optimize the industrial mix, and to strengthen the industrial support of the "one main area and multiple auxiliaries" development strategy. The provincial government issued the Opinions on Promoting the Construction of the "5+1" Industrial Financial System which urged us to build an industrial financial system that is compatible with the practice of accelerating the construction of the "5+1" modern industrial system to promote high-quality industrial development, in order tooffer targeted financial support forthe development of“5+1" industries.

  Sichuan Province has proposed to build a "5+1" modern industrial system which has been further divided into 16 key industries, namely integrated circuits and new displays, next-generation network technologies, big data, software and information services, aviation and gas turbines, smart equipment, rail transit, new energy and smart cars, deep processing of farm produce, high-quality liquor, refined tea leaves, medical health, new materials, clean energy, green chemicals, energy conservation and environmental protection, andmechanisms have been establishedto guide the work in the 16 key industrial fields and digital economy together with the liaison and guidance of provincial leaders.

  The relevant person in charge of the Provincial Department of Economics and Information Technology said that steady process has been made in implementing the work promotion mechanism with the liaison and guidance of provincial leaders, setting up 16 special training centers for industry cultivation, accelerating the formulation of opinions concerning the development of digital economy and 16 workprograms in those key industries.
 
 
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