Expand the demand for the manufacturing market to consolidate the continuous recovery of the economy

Core point: Qiao Ruiqing, the author of China Economic Network column, believes that this round of equipment update will not only help expand the demand for the manufacturing market, but also help implement the downstream market entity of equipment renewal to improve supply efficiency, improve product quality, improve consumer services Experience, and then boost consumption growth. From a wider sense, this is a "blocking point" between supplying and consumption, which also plays an important role in stabilizing the supply chain of the industrial chain, unblocking the national economic cycle, and promoting high -quality development.

The State Council's executive meeting recently decided to update the transformation equipment in the fourth quarter for the manufacturing, service industry, social service fields, small and medium -sized enterprises, individual industrial and commercial households, etc., and support national commercial banks. Medium- and long -term loans. According to 100%of the loan principal, the People's Bank of China provides special re -loan support for commercial banks. The special re -loan quota is more than 200 billion yuan. Try to meet the actual needs. At the same time, the policy has been implemented. The central government has a discounted discount of 2.5%for the loan subject. The actual loan cost of the loan main body of the renovation equipment in the fourth quarter of this year is not higher than 0.7%.

The manufacturing industry is the foundation of the real economy. Stability of the manufacturing industry is the foundation of the stability of the industrial chain supply chain. The healthy development of the manufacturing industry is the prerequisite and guarantee of the smooth circulation of the national economy. Affected by the outbreak, the current development of the manufacturing industry is facing the problem of insufficient market demand. In July, the manufacturing procurement manager index (PMI) was 49.0%. Although it rose to 49.4%in August, it was still below the Rongku Line. In August, the PMI of small enterprises was 47.6%, a decrease of 0.3 percentage points from July, and the demand for small manufacturing companies was even more obvious. Obviously, insufficient market demand has become a constraint for the development of the manufacturing industry.

The national economic system is a complex system that connects each link and industries in economic activities. The manufacturing industry is an extremely important part of the national economic system, which is related to the overall economy. At present, the economic recovery is obvious, but the foundation is not firm enough. The momentum can be risen and cannot be ended, and the economic continuous recovery is justified. Whether the manufacturing industry is stable or not is related to the stability of the economy, and the rise of the manufacturing prosperity will affect the economic recovery trend. Therefore, in the critical period of economic recovery, the development of manufacturing needs to be more intensive. All in all, to solve the insufficient demand of the manufacturing market, it is the urgent need for the current steady growth and consolidation of economic recovery.

All kinds of equipment are the main products of manufacturing. Update the transformation equipment, expand the market capacity of the manufacturing industry, and increase the market demand of manufacturing products. For the manufacturing industry, service industry, social service fields, small and medium -sized enterprises, individual industrial and commercial households, etc. in the fourth quarter, the renovation equipment is updated in the fourth quarter, and supporting national commercial banks actively invest in medium- and long -term loans for not more than 3.2%. The "precision drip irrigation" measures taken by the demand for the manufacturing market. From the perspective of policy content, there is both a fiscal policy tool and a monetary policy tool for reducing financing costs, and the cooperation of fiscal policy and monetary policy. From the scope of implementation It has strong policy pertinence. This policy can be described as a key measure for the crux of the problem, the clarification of the industry, the reasonable control of control, and the direct reaching the market body, which once again demonstrates the policy of "not engaged in large water".

It is worth pointing out that this round of equipment renewal and transformation will not only help expand the demand for the manufacturing market, but also help the downstream market entities of equipment renewal to improve supply efficiency, improve product quality, improve consumer service experience, and then help consume consumption increase. From a wider sense, this is a "blocking point" between supplying and consumption, which also plays an important role in stabilizing the supply chain of the industrial chain, unblocking the national economic cycle, and promoting high -quality development. (China Economic Net columnist Qiao Ruiqing)

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