China's top ten pillar industries

Ten pillar industries launched by China's recent industrial plan. In order to implement the national economic growth "guarantee eight" goal, the ten major industrial revitalization plans were ordered and released one after another.

1. Nonferrous Metals Industry

The upstream of China's non-ferrous metal industry chain is raw materials, mainly including metal ore mining or waste recycling; The midstream contains different types of non-ferrous metals, mainly including heavy metals, light metals, precious metals and rare metals; Downstream is the application field, mainly including construction (infrastructure, housing construction) and manufacturing (aerospace, automobile manufacturing, electronic devices, etc.).

2. Automotive industry

The automotive industry is one of the largest industries in the world. It has the characteristics of high industrial relevance, wide coverage, high technical requirements, strong comprehensiveness, large number of parts and components, and large added value. It has a strong driving effect on the upgrading of the industrial structure and the development of related industries. In terms of industrial scale, China's automobile production has increased from 28.12 million in 2016 to 25.23 million in 2020; During the same period, China's car sales increased from 28.03 million to 25.31 million. At the beginning of 2020, the new crown epidemic had a huge impact on the automobile industry, and the production and sales of automobiles declined. Since April 2020, the sales of automobiles have continued to grow. The annual sales of automobiles reached 25.31 million units, ranking first in the world.

3. The iron and steel industry

As a pillar industry of my country's national economic development, the steel industry involves a wide range of industries and has a high degree of industrial correlation. It can extend upward to industries such as iron ore, coke, and non-ferrous metals, and downward to real estate, automobiles, ships, home appliances, machinery, etc. Railway and other industries. In recent years, the steel industry has developed rapidly, driven by the sufficient supply of upstream raw materials and the continuous growth of downstream demand, and the output of its products has also increased year by year. According to statistics, my country's pig iron output in 2021 will be 868.57 million tons, a year-on-year decrease of 2.3%; crude steel output will be 1,032.79 million tons, a year-on-year decrease of 3%; steel production will be 1,336.67 million tons, a year-on-year increase of 0.9%.

5. The "Longevity Continuing" Daji Gourd Vase

At present, China's electronic information manufacturing industry has achieved considerable development in terms of industrial scale, structural adjustment, and independent innovation. At the same time, the demographic dividend is disappearing day by day, and the demand for high quality and low cost is increasingly strong, which also promotes the technological revolution in the manufacturing field, and the upgrading of automated and intelligent production is imminent. In 2020, the COVID-19 spreads globally, and the electronic information manufacturing industry still maintains a stable growth.

6. Textile industry

Since 2021, with the overall stability of the domestic epidemic prevention and control situation and the recovery of domestic and foreign markets, the prosperity of the textile industry and the level of capacity utilization have continued to improve steadily. In the fourth quarter of 2021, the prosperity index of my country's textile industry was 62.3, an increase of 3.6 percentage points from the third quarter. The main reason is that the domestic epidemic situation is well controlled. Factors such as the National Day holiday, "Double Eleven" e-commerce promotions, and the promotion of Chinese New Year commodities have driven the continuous recovery of the consumer market. Textile industry enterprises have shown strong resilience and vitality. my country's textile industry is running steadily. recover.

7. Shipbuilding industry

From the changes in the share of China's shipbuilding industry in the world shipbuilding market in the past decade, it can be seen that the proportion of China's shipbuilding industry in the global market is rising significantly, and China has become one of the world's important shipbuilding centers. Although my country has become a major shipbuilding country, the shipbuilding industry still faces many problems. Among them, the core problem is the lack of structure, that is, overcapacity at the low end and insufficient capacity at the high end, which is reflected in the relative backwardness of the high-end ship types with high added value and the ship supporting industry, resulting in insufficient international competitiveness and weak profitability.

8. Petrochemical industry

At present, there are many enterprises participating in my country's petrochemical industry as a whole. In 2020, there are 26,039 enterprises above designated size. The two leading companies in China's petrochemical industry are PetroChina and Sinopec. In terms of revenue from main business, in 2020, Sinopec Group ranked first with an operating income of more than 2.1 trillion yuan, and PetroChina's market share accounted for 19.01% of the entire industry. China National Petroleum Corporation ranked second, with sales not exceeding 2 trillion yuan, accounting for 17.45% of Sinopec's market share with 1.9 trillion yuan. Together with five super-large enterprises, China National Offshore Oil Corporation, China Sinochem Group Co., Ltd., China National Chemical Corporation, Shaanxi Yanchang Petroleum (Group) Co., Ltd. and Rongsheng Petrochemical, the total sales revenue accounts for about 50% of the entire industry.

9. Real estate industry

With the expansion and development of the city, residential, commercial, office, and various forms of urban space are accumulating day by day, and the real estate industry has formed a huge scale. From 2000 to 2020, the proportion of my country's real estate industry in GDP continued to rise from 4.1%, with a compound annual growth rate of 15.6%. In 2020, the added value of China's real estate industry will be 7,455.25 billion yuan, accounting for 7.3% of GDP; In the first half of 2021, the added value of China's real estate industry was 3,974.22 billion yuan, accounting for 7.5% of GDP.

10. Light industry

Light industry mainly refers to industries that produce and consume materials. Light industry is opposite to heavy industry and also overlaps with each other. Light industry is closely related to people's daily life. Light industry is divided into 18 major industries. According to the actual management of the industry, the light industry is divided into four major areas: durable consumer goods, fast-moving consumer goods, culture, art, sports and leisure products, and light industrial machinery and equipment. The realization of green development and low-carbon transformation of light industry can not only accelerate the process of my country's industrial energy conservation and emission reduction, but also promote the transformation of my country's residents' consumption patterns to low-carbon. In 2020, the number of light industrial enterprises above designated size in my country will reach 109,000, a year-on-year decrease of 0.28%.

4. Equipment manufacturing industry

Equipment manufacturing industry is a general term for all kinds of manufacturing industries that provide equipment for simple production and expanded reproduction in various economic sectors. It is the heart of the industry and the lifeline of the national economy, and an important cornerstone to support the country's comprehensive national strength.