Powering Growth: Unleashing Tianjin’s Industrial Might and Boosting Consumer Spending

Xinhua News Agency, Tianjin, November 5Topic: Strengthening industry, stabilizing investment, and promoting consumption – Information from visits to front-line production and consumption in Tianjin

Xinhua News Agency reporters Guo Fangda and Li Ting

The machines are still roaring and the production lines are running at high speed With less than two months until the end of the year, many companies are accelerating their sprint for orders.

The Tianjin Municipal Bureau of Statistics recently released economic data for the first three quarters, showing that the supporting role of the city’s key industries has been continuously strengthened, private investment confidence has gradually improved, and policy effects have been speed up Reporters who visited the front line found that as the speed of kinetic energy conversion accelerates, the economic structure of Tianjin continues to be optimized, and the momentum of high-quality development is becoming more and more obvious.

  At Tianjin Langyu Robot Co., Ltd. located in Xiqing District, Tianjin, staff debugged a heavy load automatic guided transport vehicle in the production workshop. Photo by Xinhua News Agency reporter Zhao Zishuo

  Strengthen support for key industries

The door of the factory opened, and a “big guy” with a flat appearance slowly drove out. This industrial robot with a load capacity of 200 tons is one of the flagship products of Tianjin Langyu Robot Co., Ltd. Langyu, which focuses on heavy-duty industrial robots, has continued to accelerate its development in recent years. In less than 4 years, the company’s employees have expanded from more than 40 to more than 300.

“We have doubled our performance for two consecutive years.” multiplier effect.”

In recent years, Tianjin has built a modern “1 + 3 + 4” industrial system, creating 12 key industrial chains including biomedicine, Internet of Vehicles, new energy and aerospace. As the speed of kinetic energy transformation accelerates, the supporting role of key industrial chains in the local economy has become increasingly evident.

Data show that in the first three quarters, the added value of industries above designated size in Tianjin’s top 90 modern industrial systems accounted for 92.2%, a year-on-year increase of 1.3 percentage points, and their basic status continues to be strengthened .

Focusing on new productive forces, Tianjin is accelerating the process of building new momentum for development. Beijing-Tianjin New Industrial City Gaocun Digital Innovation Park, which is less than 2 square kilometers, is already one of the largest and most powerful professional intelligent computing industry clusters in the Beijing-Tianjin-Hebei region closest to the core area of Beijing. Since construction began in 2014, the park has achieved an intelligent computing power of about 6000P in ten years.

The relevant person in charge of the Tianjin Municipal Bureau of Statistics said that in the first three quarters, the Tianjin regional GDP increased by 4.7% year on year, the economic operation was generally stable, and the momentum of new production development continued to improve. . The added value of industrial enterprises above designated size in the 12 key industrial chains accounted for 82.6%, a year-on-year increase of 2.1 percentage points, and the scale continued to expand.

  Cargo ships dock at the Tianjin Port Container Terminal. Photo by Xinhua News Agency reporter Zhao Zishuo

  Project investment is stabilizing and increasing

Walking into the new factory built by Beijing Jingwei Hengrun Technology Co., Ltd. in Tianjin, several newly purchased automated production lines are in the test production stage. “Orders have continued this year. The new smart workshop production line is expected to be fully commissioned by the end of the year, and production efficiency can be increased by around 40%.” Hengrun

Liu Yang said that thanks to the high correspondence of the related intelligent automobile industries in the two places, Matrix Partners has achieved leapfrogging development between Beijing and Tianjin “The resilience of the industrial chain is an important source of confidence for enterprises to continue to invest.”

Since the beginning of this year, private investment in Tianjin has steadily increased In the first three quarters, private investment in Tianjin increased by 8.6%. The relevant person in charge of the Tianjin Municipal Development and Reform Commission said that market confidence is gradually improving, and private investment is gradually increasing its support for the city.

At the same time, foreign investment continues to deepen, and a number of new projects have settled in Tianjin. In August of this year, GE Healthcare’s Tianjin Magnetic Resonance Base was officially listed as GE Healthcare’s Magnetic Resonance Eastern Hemisphere Headquarters, and the construction of a new R&D construction and innovation center is ramping up.

Flanders Transmission System Co., Ltd, located in Beichen District, Tianjin, has become the largest gearbox manufacturing base under the German Flanders Group In the 28 years since its deep involvement in China, Flanders has increased capital and expanded ten times production. Today, the cumulative investment of 3 billion yuan has brought an annual output value of 5 billion yuan.

Projects such as Novo Nordisk’s production base have begun construction, and innovative carriers such as Tiankai Higher Education Park have attracted scientific and technological innovation projects to accelerate their focus… Focusing on new drivers, investment in Tianjin’s strategic new industries increased by 6.4% in the first three quarters, an increase of 5.9% compared to last year’s percentage point. Investment in high-tech industries increased by 11.6%.

Data from the Tianjin Municipal Development and Reform Commission show that since the beginning of this year, Tianjin has planned, preserved and started construction of key projects throughout the chain, driving the city’s investment in the first three quarters to grow by 4.2% year on year back. -year, which is 0.8 percentage points higher than the national level.

  The vitality of consumption continues to increase

Walking into the great experience store Jingdong MALL located in the Laochengxiang business district of Nankai District, Tianjin, the slogan “Trade is old for new with four subsidies” attracts your attention. Ms Liu, a citizen of Tianjin, once bought home appliances such as refrigerators and air conditioners. “By exchanging old ones for new ones, we save trouble and money!” said Ms.

Wu Mengkang, the person in charge of Jingdong MALL Super Experience Store, said that Tianjin Jingdong MALL, since the start of the campaign “national​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ theyG-Fal-Coursed. complete decoration the store’s average daily customer flow has increased three times compared to normal. During this year’s National Day, the average daily passenger flow of JD MALL super experience stores exceeded 20,000, and the proportion of residents’ shopping subsidies reached 18.3%.

In September this year, the Tianjin Municipal People’s Government General Office announced the “Action Plan for Strengthening Tianjin’s Support for Consumer Goods Trading” and arranged 2.48 billion yuan of consumption promotion subsidy funds to support the process of inbound trading . consumer goods in the fields of automobiles, home appliances, home furniture, electric bicycles, etc. Create a good consumption environment for the people.

Driven by policies, the popularity of home appliance and car trade-ins continues to heat up. Wang Zhangangang, general manager of the BYD 4S store in Tianjin’s Beichen District, said that since Tianjin introduced the old-for-new policy, at least half of all new cars sold so far are trade-ins.

Data from the Tianjin Municipal Bureau of Commerce shows that as of October 31, more than 300,000 consumers have received subsidy qualifications on the Tianjin Consumer Goods Inbound Trade Subsidy Activity Platform, driving sales of home appliances and household goods directly to more than 1.6 billion yuan, and driving the sale of automobiles to more than 8 billion yuan.