According to the data released by the National Bureau of statistics on May 15, the output of industrial robots in China reached 19257 in April, a year-on-year increase of 26.6%. This is a footnote to the rapid recovery of made in China. In April, the added value of China's industries above designated size increased by 3.9% year-on-year, becoming positive for the first time in the year, while the figures for January February and March were - 13.5% and - 1.1% respectively.

According to the experts interviewed, the recovery of manufacturing industry is the main reason why the industry has turned positive beyond expectation. With a large number of small and medium-sized enterprises returning to work and reaching production capacity, the industry of private enterprises has increased by 7.0%. During the epidemic period, the demand for electronic manufacturing and other industries was strong, the speed of new and old infrastructure construction was significantly increased, and machine replacement was also continuously promoted, which made the output of optical cable, digging and earth moving machinery, integrated circuit, industrial robot, and micro-computer equipment increased by 43.8%, 40.8%, 29.2%, 26.6% and 26.2% respectively on a year-on-year basis.

The most remarkable is that the automobile manufacturing industry increased by 5.8% in April, and the automobile production in that month was 2.10 million, an increase of 5.1%. Experts believe that under a series of stimulus policies, such as relaxing restrictions on purchase and reducing taxes and fees, the recent car market is gradually bottoming out and rebounding.

Significant recovery in manufacturing

The data shows that from January to April, the added value of industries above designated size decreased by 4.9% year on year, but the industrial growth in April turned positive for the first time in the year, achieving a growth of 3.9%.

Zhang Yali, an engineer from the Institute of industrial economics, CCID Research Institute, Ministry of industry and information technology, said that manufacturing industry is the main body of industry, and the return of manufacturing industry to production capacity is the main reason why the industrial data turned negative in April. "In April, the energy sector was relatively stable among the three categories, while the growth rate of the mining industry was 3.9 percentage points lower than that of last month, but the growth rate of the manufacturing industry was as high as 5.0%, 6.8 percentage points higher than that of last month."

She pointed out that due to the insufficient starting rate of the manufacturing industry in the first three months, the production scheduling was delayed, and a lot of early orders were overstocked, so there was a need to catch up with the progress after the factory started.

She said that in April, 28 industries in 41 major industries achieved year-on-year growth in value added, expanding the growth area; 60% of the 612 commodities counted achieved year-on-year growth, and the growth area also increased by more than 20 percentage points compared with last month.

According to Zhang Yali, this is because a large number of small and medium-sized enterprises resumed production in April. "In this epidemic, the order of different enterprises returning to work is not the same. Previously, state-owned enterprises were the focus of returning to work, and their industrial growth rate was significantly better than that of foreign-funded enterprises and private enterprises. With the promotion of the whole industrial chain returning to work, a large number of private small and medium-sized enterprises began to return to work in April, and the number and proportion of private enterprises in the manufacturing industry were large, which brought about a comprehensive recovery of the industry."

In April, the value-added of state-owned holding enterprises increased by 0.5% year-on-year; the value-added of joint-stock enterprises increased by 4.0%; the value-added of foreign-funded enterprises and enterprises invested by Hong Kong, Macao and Taiwan increased by 3.9%; while the value-added of private enterprises increased by 7.0%.

Zhang Zhiqiang also introduced that there are a large number of small and medium-sized enterprises in the upstream and downstream supply chain of abb. They are faced with many pressures in the process of returning to work, such as staff return, material transportation, rent and tax, etc., and the recovery of production capacity of these suppliers directly affects the recovery of production capacity of large enterprises such as abb.

"For example, if they don't return to work, we will face material disconnection when planning production scheduling, and even affect the delivery time and contract performance. The return rate of small and medium-sized enterprises is significantly lower than that of large enterprises, and only the former can make the enterprises in the industrial chain run. "

Liu Xuezhi, senior researcher of CCB golden Research Center, said that in the near future, the high-frequency data of production category generally rebounded significantly. With the increase of the rate of enterprises' return to work and the rate of operation, it is expected that the growth rate of industrial added value will maintain a slight increase in the next two months. As the quarterly GDP is calculated on the basis of production method, it is expected that the economy will resume a small growth in the second quarter.

Zhang Hangyan, a researcher at the Institute of industrial economics, Chinese Academy of Social Sciences, was not optimistic. She stressed to the 21st century economic reporter that the industrial data in April was positive, but the cumulative data was still negative. "What we see is only the improvement of the production end, which is not difficult with the efforts of all parties; However, the demand side, price side, industrial profits, inventory and other aspects are not optimistic, and the latter does not transfer by will. "

Zhang Yali pointed out that the intensification of industrial product deflation may affect the recovery of industrial profits, inhibit industrial investment and production. At present, the recovery of demand side is not consistent, and domestic demand is significantly better than foreign countries. "For example, in April, the decline of domestic social zero consumption data narrowed 8.3% compared with last month, but the growth rate of export delivery value of industrial enterprises decreased 2% compared with March."