"Bigger Cake" Creates a Good Start for the "Eleventh Five-Year Plan"

       After a year of stable operation at a high level, the electrical industry has achieved a series of outstanding achievements such as sustained economic development, remarkable technological innovation achievements, and substantial growth in import and export trade. Obviously, this has created a good start for the industry's "Eleventh Five-Year Plan".

       The specific manifestations of the economic operation becoming better are: the rapid growth of production and sales, and a good connection. Judging from the growth rate of production and sales in the electrical industry, the product sales rate has reached more than 97%, and the connection between production and sales continues to improve. With the growth of economic scale and "bigger cake", the overall profit of the industry has increased by a large margin. The foreign trade of electrical products is active with a good momentum of development.

       The quality of economic operation has been greatly improved, and the product sales rate has obviously shown a stepwise growth. A set of data serves as evidence: 96.47% from January to March, 96.73% from January to June, and 97.28% from January to September; The highest point since 2006 was 97.47%. Although from the perspective of various sub-sectors of the electrical industry, the development of production and sales is not completely consistent. Due to the impact of macro-control, the growth rate of some sub-sectors is significantly lower than the average level of the electrical industry, but as far as the entire electrical industry is concerned, the rapid growth of production and sales Growth and good convergence are still the basic characteristics of the industry's economic operation.

       Import and export trade continued to flourish. The import and export trade of electrical products still maintained a vigorous development trend. Analyzing imported products, low-voltage electrical appliances accounted for the largest amount, amounting to US$6.898 billion. Followed by wire and cable (3.141 billion US dollars), transformers and transformers (1.629 billion US dollars), low-voltage switchboard (1.495 billion US dollars), etc. Among the export products, the amount of wire and cable is the largest, reaching 6.511 billion US dollars, followed by low-voltage electrical appliances (4.704 billion US dollars), electric tools (3.137 billion US dollars) and so on.