As an important part of fixed asset investment, industrial investment can not only directly increase the stock of social capital, drive the development of related industries through the multiplier effect, but also create employment opportunities and stimulate economic growth.Recently, Chongqing, Jilin, Yancheng and other places released the latest data on industrial investment in the first three quarters, with a significant increase.

For example, on November 15th, data released on the official website of the Chongqing Municipal People's Government showed that in the first three quarters, industrial investment increased by 16.3%, driving the city's investment growth by 4.5 percentage points, an increase of 3.9 percentage points over the same period last year.

Industrial investment is an important driving force of real economic development. The growth of industrial investment can promote the stable development of manufacturing, construction and other industries, and help to improve the technical level and production capacity of enterprises.

In the first three quarters, the factors driving the growth of industrial investment in many places were not exactly the same, but on the whole, key factors such as the rapid growth of manufacturing investment, the accelerated implementation of equipment renewal, and the steady progress of major project construction played an important role.

With the growth and growth of strategic emerging industries across the country, the manufacturing industry in many places is accelerating towards high-end, intelligent, green and digital directions.“Under the guidance and requirements of the top-level design, relevant local departments are gradually implementing macro-development goals into specific construction projects, and vigorously developing industries such as low-altitude economy, commercial aerospace, and humanoid robots.At the same time, local business owners have taken action and actively participated in the research and development and production of cutting-edge technologies and applied products.These have all contributed to the significant increase in local manufacturing investment."Yu Xiaoming, senior investment adviser of Jufeng Investment Consulting, said in an interview with a reporter from Securities Daily.

Driven by the ”two new" policy, equipment renewal actions in the industrial field have been widely carried out in many places, which has effectively boosted investment growth, promoted industrial development, and released the potential of domestic demand.

Tian Huimin, a special researcher at the Beijing Reform and Development Research Association, told reporters from Securities Daily that investment is a key factor in economic growth, and the construction of major projects is an important engine for industrial investment growth.In the first three quarters, the construction of major projects in various places was carried out in an orderly manner, speeding up the formation of physical workload, expanding effective investment, and at the same time fully boosting market confidence, helping all places to solidly complete the annual economic and social development goals.

Industry is the “ballast stone” of economic development.For the high-quality economic and social development of various parts of the country, the role of “fixed star” of industrial investment is continuing to play and becoming increasingly important.A number of experts interviewed said that in the fourth quarter, industrial investment in Chongqing and other places is expected to continue the growth trend of the previous three quarters and further consolidate and expand.

Song Xiangqing, vice president of the Chinese Society of Business Economics, told reporters from Securities Daily that on the one hand, the effect of the intensive introduction of the national package of incremental policies will be further reflected in the fourth quarter. In order to seize the window period, local relevant departments will also have more specific work deployment to create a better external environment for the orderly progress of industrial investment in various places; on the other hand, since entering the fourth quarter, the construction of major projects in many places has pressed the “acceleration button”, setting off a “wave of construction” of major projects, which will inevitably have a positive impact on industrial investment in the current quarter.

How to ensure that the “fixed star” role of industrial investment is better played?Zhou Maohua, a macro researcher in the Financial Market Department of Everbright Bank, told the reporter of Securities Daily that nowadays, the new growth points of industrial investment such as the digital economy, the green economy, and the construction of new infrastructure have been clarified. Relevant departments everywhere should do a good job in market supervision and guide the flow of funds to industrial fields that meet the requirements of the national strategy and conform to the direction of cultivating new-quality productivity, optimize the investment structure, do a good job in risk control and project tracking, and promote the transformation and upgrading of manufacturing with high-quality industrial investment.