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Big Chinese enterprises should take great responsibility

Big enterprises are not only big in scale, but also in responsibility and responsibility. Large enterprises are located in the center of the industrial chain and are the leading force driving industrial upgrading.

 

Focusing on the long-term, strengthening confidence, strengthening strength, actively integrating into the overall situation of national development, serving major national strategies, and improving total factor productivity can better grasp the opportunities of The Times and realize the leap from big to strong enterprises.

 

Enterprises are the cells of the market economy, the main body of innovation and entrepreneurship, and the basis for the full vitality and vigorous development of the entire economy. In particular, the top Chinese enterprises in terms of revenue scale are an important window to understand China's economic development trend and confidence.

 

Not long ago, the "2024 Top 500 Chinese Companies" list was released, from which the strength and growth of Chinese enterprises can be seen. The total revenue of the shortlisted enterprises reached a new level of 110 trillion yuan, an increase of 1.58% over the previous year; Net profit returned to the mother increased by 5.01% over the previous year, and the growth rate changed from negative to positive...... The scale of revenue has maintained growth, the quality and efficiency have improved, and the industry structure has become more optimized. The changes shown by China's top 500 enterprises are not only a vivid miniature of the vigorous development of various business entities, but also reflect the long-term sound fundamentals of the Chinese economy and the new achievements in promoting high-quality development.

 

From micro-management subjects to macro-economic development, there is a common trend: new quality productivity is accelerating the cultivation and development of new momentum is constantly gathering. In the list, the number of enterprises in the new energy equipment manufacturing, communication equipment and computer manufacturing, semiconductor and panel manufacturing and other industries reached 31, an increase of 18 in the past five years; The number of modern service companies, including Internet and information technology services, finance, logistics and supply chain services, reached 162, an increase of 28 over the past five years. The increasing number of enterprises in strategic emerging industries is a reflection of the optimization and upgrading of China's economic structure.

 

Elongating the time coordinate, the number and ranking of different types of enterprises on the list are the "weather vane" to observe the industry frontier and economic development trend. The average R&D intensity of the top 500 enterprises has steadily increased for seven consecutive years, driving the healthy growth of enterprises through innovation in technology, products and services; Byd, Geely and Ningde Times in the field of new energy vehicles have all ranked among the top 100, rising sharply in ranking and driving the rapid development of upstream and downstream enterprises. All these changes reflect that Chinese enterprises have adapted to the development trend of digitalization and greening, adhered to the cultivation of internal skills and stimulated internal impetus, and continuously injected new momentum into economic growth.

 

China's top 500 enterprises are large enterprises among hundreds of millions of business entities in China. Big enterprises are not only big in scale, but also in responsibility and responsibility. Large enterprises are located in the center of the industrial chain and are the leading force driving industrial upgrading. The RF transceiver chip is known as the "pearl" on the 5G base station, and China Mobile, relying on the aggregation ability of the information and communication industry chain, established the joint laboratory of chip research and development enterprises in 2021, and successfully developed the "breaking wind 8676" chip in 2 years, filling the domestic gap in the field. Ningde Times not only ranks first in the global market share with the production capacity of "producing one battery cell every second on average", but also makes continuous breakthroughs in cutting-edge technologies such as condensed matter batteries and supercharged batteries, driving the whole battery industry chain "United Team" to thrive. This shows that large enterprises give full play to the role of the "chain master" of the industrial chain, drive independent innovation and collaborative innovation of upstream and downstream enterprises, and can form a strong force to break through the "jam neck" problem, and jointly move toward the middle and high-end value chain.

 

It should be noted that the adverse impact of changes in the external environment is increasing, effective domestic demand is still insufficient, the continued recovery of the economy still faces many difficulties and challenges, and the business development pressure is not small. Dialectically, the ups and downs of the market also provide an opportunity for enterprises to strengthen their muscles and strengthen their core competitiveness. Focusing on the long-term, strengthening confidence, strengthening strength, actively integrating into the overall situation of national development, serving major national strategies, and improving total factor productivity can better grasp the opportunities of The Times and realize the leap from big to strong enterprises.

 

General Secretary of Xi Jinping stressed that "strengthen the main position of enterprise scientific and technological innovation" and "scientific and technological innovation and high-quality development are the key to the continuous growth and expansion of enterprises." Adhere to and implement the "two unwavering", give play to the exemplary role of large enterprises, better stimulate the vitality of innovation and creativity, and accelerate the pace of high-end, intelligent and green transformation and upgrading, will accumulate great strength for the sustained and healthy development of the Chinese economy.

 

Source: SASAC of The State Council