High quality development
The Shanghai Municipal Bureau of Statistics explained that the growth rate of industrial investment in the first half of the year was a record, mainly due to the current development of Shanghai focusing on the real economy, especially high-end manufacturing represented by high-end integrated circuits and large passenger aircraft.
In the first half of the Shanghai economy, the 'reports' were officially released today. On the afternoon of July 17, the Shanghai Municipal Bureau of Statistics released the city. In the first half of the year, the city's GDP reached 155.815 billion yuan, a year-on-year increase of 6.9%.
In terms of industries, the added value of the primary industry was 3.815 billion yuan, a decrease of 5%; the added value of the secondary industry was 475.803 billion yuan, an increase of 5.8%; the added value of the tertiary industry was 1,076.197 billion yuan, an increase of 7.4%.
The 21st Century Business Herald noted that the GDP growth rate of Shanghai in the first half of this year was 0.1 percentage points higher than the national average of Shanghai in the first quarter of 2018 and the same period. It is worth noting that the development of Shanghai's industrial development has become a stable economy. The important supporting force for steady development, and attracting industrial investment growth rate has increased significantly, the highest level in the past decade.
At the same time, the added value of the tertiary industry continued to be strong, accounting for nearly 70% of the city's GDP, and continues to be the core driving force for Shanghai's economic development.
Tang Huihao, deputy director of the Shanghai Municipal Bureau of Statistics, said at the press conference on Shanghai's economic performance in the first half of the year that Shanghai's economy benefited mainly from the rapid growth of the Internet-based new economy and transportation industry in the first half of the year, making the overall economic development. The pattern shows a situation of 'overall stability, steady progress, and more coordination'.
Industrial investment increased by 22.9%
Tang Huihao said that in the first half of 2018, Shanghai's second and tertiary industries showed a more coordinated overall situation. From the perspective of industrial structure, the added value of the secondary and tertiary industries increased by 5.8% and 7.4 respectively in the first half of the year. %, the contribution rate to economic growth is 25.5% and 74.7% respectively.
The 21st Century Business Herald noted that under the current situation that the value-added of service industry accounts for nearly 70% of GDP, Shanghai's industrial development still shows a relatively stable situation, and it is important for Shanghai's economy to be stable overall and stable. Supporting strength.
In particular, the development of industrial enterprises above designated size is very stable. Statistics show that in the first half of this year, the total industrial output value of Shanghai's above-scale industries reached 1,698.92 billion yuan, an increase of 5.2% over the same period of last year. The total output value of strategic emerging industries was 506.312 billion yuan. , an increase of 8.1% over the same period last year.
Tang Huihao pointed out that the growth rate of Shanghai's above-scale enterprises has been stable at more than 5%, reflecting the overall stable development of Shanghai's industrial development, mainly due to the obvious supporting role of major industries, and the industrial strategic emerging industries are growing well. And the rapid growth of industrial investment and other aspects of the strength of the promotion.
In the semi-annual report, the reporter saw that in the first half of the year, 22 of the 35 industrial sectors in Shanghai had an increase in output value compared with the same period of last year, with a growth rate of 62.9%. The data shows that the current national auto market transactions have fallen overall. In the first half of the year, the output value of Shanghai's automobile manufacturing industry increased by 12.3% compared with the same period of last year.
At the same time, industrial strategic emerging industries still play an increasingly important role in the process of industrial development in Shanghai. In the first half of the year, Shanghai's industrial strategic emerging industries increased by 8.1% over the same period of last year, and its growth rate was higher than the total industrial output value of Shanghai above 2.9. Percentage points, accounting for 29.8% of total industrial output. In the first half of the year, Shanghai's seven key industrial strategic emerging industries have achieved growth.
On the other hand, the long-term stable development of Shanghai's industry has enabled the market to establish confidence in the development of the industry. The concentration of Shanghai's industrial investment growth has been significantly improved in the first half of the year. Statistics show that Shanghai's industrial investment in the first half of the year was 46.576 billion. Yuan, an increase of 22.9%, the growth rate reached the highest level in nearly a decade, of which the manufacturing industry completed an investment of 34.484 billion yuan, achieving a 22% growth.
The Shanghai Municipal Bureau of Statistics explained that the growth rate of industrial investment in the first half of the year was a record, mainly due to the current development of Shanghai focusing on the real economy, especially high-end manufacturing represented by high-end integrated circuits and large passenger aircraft.
On July 17, Liu Cheng, director of the Investment Department of China Urban Development Research Institute, said in an interview with the 21st Century Business Herald that the industrial investment growth of Shanghai in the first half of 2018 was the highest in Shanghai in the past ten years. 1. It is inseparable from the current measures to deepen the reform of the administrative examination and approval system and the multi-level opening in Shanghai.
'The rapid growth of industrial investment is also a solid foundation for promoting Shanghai to build a global high-end manufacturing highland and achieve high-quality economic development in the future.' Liu Cheng pointed out.
Use of foreign capital to turn into 'double rise'
The 21st Century Business Herald found that the use of foreign capital growth was also a key highlight in the economic data for the first half of 2018 released in Shanghai.
According to the statistics of Shanghai Statistics Bureau, in the first half of the year, there were 2,117 foreign direct investment contract projects in the city; the foreign direct investment contract amount was 21.504 billion US dollars, an increase of 18.1% over the same period of last year; the actual in place amount was 8.561 billion US dollars, an increase of 6.3%.
The reporters of the 21st Century Business Herald found that the use of foreign capital in Shanghai in the first half of this year has changed from 'double decline' to 'double rise' in the two aspects of contract amount and actual amount in place.
Statistics show that Shanghai's use of foreign capital has reversed the previous downward trend, mainly due to three reasons.
First, contractual foreign investment in the secondary industry has seen a substantial increase in foreign investment. This is the main reason why Shanghai's current use of foreign capital has doubled. Relevant statistics show that the amount of foreign contract signed by Shanghai's secondary industry in the first half of the year increased by 4.1. Times, accounting for 24.9% of the city's total contract value, an increase of 19.2 percentage points year-on-year.
Second, the tertiary industry's real foreign investment structure continued to be optimized. In the first half of the year, Shanghai's tertiary industry's real foreign investment was 7.374 billion US dollars, accounting for 86.1% of the city's total foreign investment, leasing, business services, financial services and technology services. It is a key industry sector where foreign investment is growing rapidly.
Third, the headquarters economy has been accelerating. In the first half of the year, Shanghai added 17 regional headquarters of multinational corporations, with a total of 624. Shanghai has also set up 8 foreign R&D centers, bringing the total number of foreign R&D centers in Shanghai to 434.
On July 17, Yin Desheng, dean of the School of Economics of East China Normal University, said in an interview with the 21st Century Business Herald that, to a certain extent, Shanghai used foreign capital to achieve 'double rise' in the first half of the year. This achievement is in line with Shanghai's current construction excellence. Global cities, the launch of the 'Shanghai Manufacturing' three-year action plan, and the promotion of policies to optimize the business environment are closely related.
'Policy can play a very good guiding effect. At the same time, the market development performance of Shanghai's current secondary and tertiary industries is also an important decision-making reference for foreign strategic investors. ' Yin Desheng told reporters that in addition to the policy level, Shanghai's current industrial production quality increase Effective, industrial strategic emerging industries achieve rapid growth, and the rapid development of modern service industry with "Shanghai service" as the core, is also a key factor in attracting foreign investment.
It is worth noting that on July 10, Shanghai announced the opening of 100 further measures to promote the international financial center level, modern service industry and advanced manufacturing, intellectual property protection, and optimization of the business environment. There are 20 specific tasks and 100 specific measures are listed, which provides an important policy guarantee for Shanghai to further improve the scale and level of foreign capital utilization in the future.
In this regard, Tang Huihao said that Shanghai will be affected by factors such as the tight international trade relations, but with the implementation of the 100-plus expansion and the promotion of foreign-invested business environment, Shanghai’s attractiveness to foreign investment will be It will become bigger and bigger. In the second half of the year, Shanghai's real foreign investment and contractual foreign investment will continue to grow.