Manufacturing can not be said to "exit" to capacity is not industrialization

Abstract Recently, the real economy issue has received wide attention, and some local governments have introduced some effective measures. However, the confusion between “de-capacity” and “de-industrialization”, the emergence of “re-virtual and light-weight” and “disappearing to the virtual” tendency, the superposition of economic new normality and structural imbalance, industrial integration and development, to...
Recently, the real economy issue has received wide attention, and some local governments have introduced some effective measures. However, the confusion between “de-capacity” and “de-industrialization”, the emergence of “re-virtual and light-weight” and “de-reality” tendencies, the new economic normality and structural imbalance, the integration of industrial integration and development, and the new format of various formats. As a layer of fog, it has created many misunderstandings. The most typical example is that China has completed industrialization and the manufacturing industry should withdraw from the historical stage.
What is mainly talked about in the world today is the real economy with industrial manufacturing as its core. On this issue, many developed countries have gone detours and suffered big losses.
Since the 1980s, the “de-industrialization” led by the United States, Britain, France and other countries has been very fashionable and even become a prominent phenomenon of globalization. Some "smart people" and "smart enterprises" are based on Wall Street and the City of London. They are engaged in the trick of "selling money with money" and earning "quick money" and "big money", which not only causes the virtual economy to expand and develop abnormally. Moreover, many people, many enterprises, and even government departments have been tempted to “re-emphasize and lighten” and “depart from reality”. Economic virtualization has intensified, and “de-industrialization” has quietly begun. A large number of manufacturing industries have been transferred to the low-cost developing countries of East Asia as “sunset industries”, and the local real economy has been seriously weakened and degraded. In the United States, up to 70% of the employed population has turned to the financial and financial services industry. Detroit, a once prosperous automobile manufacturing center, has gradually become a “waste city”. As a result, it triggered the 2008 international financial crisis. In the face of financial disasters, almost all developed countries have realized that manufacturing is the foundation of the country. It is irreplaceable and cannot be withdrawn. It must restore the manufacturing industry and completely reverse the “de-industrialization” into “re-industrialization”.
Modern economic development is easy to form a "virtualization trap." The trap is very tempting, and the more often it is “smart people”, the more “smart companies” and the more powerful countries, the easier it is to fall in. The lessons of the United States, Britain, France and other countries are extremely profound.
In the developed countries, the manufacturing industry cannot retire and cannot go. In China, it is even more difficult to retreat. In recent years, some of our enterprises and economic sectors have been “disappearing to the virtual” trend, and many regions and departments are “re-virtual and light”, which deserves attention. What is more striking is that many companies have been keen on relying on abundant capital and huge funds to speculate on real estate. Some are keen on capital operation, open banks, trusts, and stocks; others are keen on listings. ", repeatedly directed additional issuance, reduction of cash, and withdrawal of capital.
At the same time, some strange phenomena have emerged. Many valuable development resources have left the real economy, rushing to the virtual economy, expanding the virtual economy, expanding profits, and even forming a rare "profiteering." In a year, the statistics of the top 500 Chinese enterprises show that the net profit of only five major commercial banks accounts for 35.6% of the total profits of the whole enterprise, while the net profit of 266 manufacturing enterprises only accounts for 18.8%; the total profit of the five major banks is almost Double the profits of all manufacturing companies. This has not included the profit of non-bank financial institutions such as brokerages, insurance, and trusts in statistical analysis.
The virtual economy is an important form and an important part of the modern economy, especially the market economy, and a "booster" for the development of the real economy. "Virtual" and "real" are closely related and indispensable. It's just that the relationship between the two is very complicated and difficult to grasp. It is good for the real economy, and bad for it. If you don't pay attention, you will fall into the "virtualization trap" and repeat the mistakes of Europe and America.
As a developing country, China's industrialization process is still very long, and the task of industrialization is still very heavy. The manufacturing industry cannot say "exit". At present, some difficulties encountered by the real economy are intrinsically linked to the new features of the new economic normal, and must be actively adapted to the new normal of the economy; and "disconnecting from reality to the virtual", "avoiding the real thing" and "re-virtual and light" Contact must be corrected in a timely manner. At the same time, it has a lot to do with industrial transformation and upgrading.
To develop a real economy with industrial manufacturing as its core, we must never engage in low-end manufacturing, but we must implement the transformation and upgrading of traditional enterprises and traditional industries by eliminating backward production capacity and innovation; and promote industrial structure through supply-side structural reforms. Optimize and upgrade; promote the development of “Made in China” to “China's high-end manufacturing” by developing strategic emerging industries and developing new technologies, new formats and new models that are more suitable for market demand.
Manufacturing is the main battlefield for revitalizing the real economy. In the 2017 economic work deployment, the central government has clearly proposed a major task of revitalizing the real economy. How to eliminate the misunderstanding of understanding, how to correct the tendency of "re-virtual and light and light", and how to correctly handle the relationship between the virtual economy and the real economy, especially how to play the role of "visible hand" in this process. Wait, it is an important issue that we are facing, and we should hand in good answers.

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