Li Yizhong: Industrial growth is expected to increase by 15% to 16% in the four quarter

Source: Internet
Author: User
Keywords Industrial economy
Tags corporate profitability development economy financial financial crisis information information technology internet
BEIJING, November 2 (Xinhua) Li Yizhong, Minister of Industry and Information Technology, said November 2 that China's industrial economy had passed through the most difficult period, and that the steady and stable situation was gradually established.  The value of industrial growth above the fourth quarter is expected to reach 15%-16%. Li Yizhong made the above remarks at the "2009 China Internet Conference" held on November 2. He said that the government's comprehensive response to the financial crisis package and measures have achieved tangible results, from the industrial sector to see the overall acceleration of production growth, corporate profitability has changed, industrial investment continued to grow, industrial electricity consumption, the railway transport volume also rebounded month by month.  The value of industrial growth above the fourth quarter is expected to reach 15%-16% and can reach 10% to 11% a year. He noted that international financial crisis has led to a bottoming out of the real economic downturn, but global consumer demand remains fragile and employment has not improved. The world economy needs to go through a slow and tortuous process before it recovers to the level before the financial crisis.  Some potential financial risks, as well as trade protectionism, cannot bring new shocks to the world economy. He said that Western countries are rethinking the relationship between virtual economy and real economy, starting to pay attention to the development of advanced manufacturing industry, strengthening the planning and policy support, restoring the proper status of industrial development, promoting the coordinated development of industry and services, proposing a new development model, proposing the development of new energy sources, materials, environmental protection,  Life science and other industries. Li Yizhong stressed that China's industrial structure is facing a new adjustment, but also face a new growth.  If our economy still maintains the extensive pattern of development, even if the first rebound, it will inevitably lag behind people. Li pointed out that at present, China's industrial economy is in the critical period of stabilization and recovery, to fully estimate the complexity and uncertainty of the situation, enhance the sense of hardship and risk awareness. Pay more attention to promote structural adjustment and optimize the structure, pay more attention to optimize innovation and technological transformation, reduce pollution, promote the integration of information and industrialization, improve production quality and effect, promote stable and rapid development of industrial economy.
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