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The total output value of China's new materials enterprises in the first nine months exceeded 5 trillion yuan

Source: Sinochem New Network
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October 24, 2023, 10:37 AM
     There are more than 20,000 new materials companies in China, and the total output value in the first nine months of this year exceeded 5 trillion yuan. On October 20, the State Council Information Office held a press conference. Tao Qing, spokesperson of the Ministry of Industry and Information Technology and director of the Operation Monitoring Coordination Bureau, introduced the development of China's new materials industry.
  The new materials industry is a strategic, basic and leading industry, which is related to the overall construction of a modern economic system. Tao Qing said that the Ministry of Industry and Information Technology will focus on making up for shortcomings, forging long boards, laying out frontiers, and optimizing ecology. It will continue to make efforts and work hard for a long time to promote the innovative development of the new materials industry and build a new growth engine for new materials.
  In recent years, China's new materials industry has entered a period of vigorous development and accelerated development, mainly reflected in three aspects. First, the scale of the industry continues to expand. According to estimates by relevant parties, the total output value of the new materials industry from January to September this year exceeded 5 trillion yuan, maintaining double-digit growth. Second, innovation capabilities continue to improve. Establish 7 national manufacturing innovation centers in the field of new materials, build 35 key platforms for new materials in three categories, and form a relatively complete innovation support system. Breakthroughs have been made in a number of major key materials, and a number of cutting-edge technologies such as high-temperature superconducting materials and perovskite solar cell materials have emerged. Third, the strength of the company has gradually increased. There are more than 20,000 companies above the new materials scale, 1972 "little giant" companies specialized and innovative, and 248 individual champion companies in the manufacturing industry, accounting for 22% and 25% of the total respectively. A number of leading enterprises in key fields have been cultivated. The integrated development ecosystem of large and medium-sized enterprises is accelerating. The field of new materials has cultivated and formed seven national advanced manufacturing clusters, becoming an "accelerator" to promote regional economic growth.
  In the next step, the Ministry of Industry and Information Technology will promote the innovative development of the new materials industry in key areas, advantageous areas and innovation ecology. The first is to accelerate breakthroughs in key areas. Focus on the shortcomings of people's livelihood and the major needs of building a manufacturing power, support collaborative innovation and industrialization breakthroughs, and improve the resilience and safety level of industrial and supply chains. The second is to make advantageous areas bigger and stronger. Target cutting-edge materials with industrialization foundation and key materials with a good innovation foundation, support scenario exploration, promotion and application, and promote "materials first". The third is to optimize and improve the innovation ecosystem. Improve the layout of the new materials industry standard system, guide various social capital to increase investment in the new materials industry, stimulate the vitality of various market entities, and create a good ecology for the new materials industry. Source: Sinochem New Network