Yesterday, the National Bureau of Statistics released data showing that in 2020, the added value of industries above designated size increased by 2.8% over the previous year, showing a steady recovery and a trend of quarterly recovery.

    In quarterly terms, the first, second, third and fourth quarters of the industrial added value grew at -8.4%, 4.4%, 5.8%, and 7.1% year-on-year, and they have returned to normal growth levels. Ning Jizhe, director of the National Bureau of Statistics, said in response to reporters that the performance of the manufacturing industry was particularly outstanding, with an annual growth rate of 3.4%, which is expected to rank first in the world for the 11th consecutive year.

     "In particular, the supporting role of pillar industries is increasing, and the equipment manufacturing industry is recovering faster." Ning Jizhe said that in 2020, the added value of the equipment manufacturing industry will increase by 6.6% over the previous year, which is 3.8 points higher than the average level of all regulated industries. The contribution rate to the industrial growth of all regulations reached 70.6%. Among them, the growth rate of the automobile manufacturing industry also reached 6.6%.

     Judging from December, the value-added of industrial enterprises above designated size increased by 7.3% year-on-year in real terms, and the growth rate was 0.3 percentage points faster than that in November; the month-on-month increase was 1.10%. According to Ning Jizhe's analysis, the growth rate in December reached the highest point last year, but from the perspective of the monthly growth rate in the past two years, it is still in a normal range.

    Among the three categories, the manufacturing sector increased by 7.7% in December, the same rate as the previous month. Among them, the automobile manufacturing industry grew by 9.7%, higher than the overall manufacturing industry growth rate.

     Data show that in December, automobile production was 2.804 million vehicles, an increase of 6.5% year-on-year; the production of new energy vehicles reached 238,000 vehicles, an increase of 55.6% year-on-year. From January to December, automobile production reached 24.625 million vehicles, a year-on-year decrease of 1.4%; while the production of new energy vehicles increased by 17.3% year-on-year to 1.456 million vehicles.

     Ning Jizhe pointed out that observing industrial development, the pace of transformation of traditional industries is accelerating, mainly to adapt to demand, increase R&D and sales, and promote integration with the service industry. "Our industry has broad development prospects and will burst out new potential."