The Bureau of Statistics responded to the continuous decline in China's automobile production: the structure is changing

On the 14th, the State Council held a press conference on the operation of the national economy in January-February 2019. For the reasons that the automobile manufacturing industry has been declining for several months, the director of the National Bureau of Statistics of the National Economic Statistics and the spokesperson Mao Shengyong pointed out that despite Car production goes down, but the growth rate of car added value is not the same as the decline, because the structure is changing.

Some media asked: The overall manufacturing industry has improved this year, but the most important data in the manufacturing industry is about the automobile manufacturing industry. The automobile manufacturing industry has been declining for several months. Why is the main data falling and the overall data rising? ?

Mao Shengyong introduced that in January and February, the growth rate of manufacturing value added was slightly faster than that in December last year. One of the manufacturing industries is the automobile manufacturing industry. The automobile manufacturing industry has experienced a decline in production and sales in recent months. At the same time, automobile production and sales in major countries have declined.

Why is automobile production and sales going down, and the manufacturing industry is still accelerating compared with last December? In this regard, Mao Shengyong believes that from the perspective of manufacturing composition, the automobile and mobile phone industries are moving down, but the growth rate of other industries is accelerating. For example, smart home appliances are growing faster, and other advanced manufacturing industries represent high-tech manufacturing. In the acceleration, although the growth rate of individual industries in individual industries has declined, there are also some industries that are accelerating.

"Although the car production goes down, the growth rate of the car's added value is not the same as the decline. The car's output may drop a little more, but the increase in value is not necessarily so much. Why? Because the structure is changing." Mao Shengyong It is said that in the past few years, the consumption and production of automobiles have been continuously upgraded. After the structural changes, the output of automobiles has declined to some extent, and the value added has also declined, but the decline has not been as large as the decline in output.

For the development of the next stage of manufacturing, Mao Shengyong mentioned that the current market is expected to gradually improve, and the tax reduction and fee reduction policies that support the real economy and support the development of micro-subjects will gradually fall, and there is still policy support for manufacturing growth.