From January to may this year, the cumulative sales of geely vehicles reached 6382 thousand, up 44 percent year-on-year.More than 15, 000 researchers are behind the strong growth.

The outstanding performance of huawei and geely reflects the new progress of domestic industrial transformation and upgrading.In the first half of this year, China's industrial added value increased by 6.7 percent year-on-year, while corporate profits increased by 17.2 percent year-on-year, and industrial quality and efficiency improved steadily, adding considerable weight to the development of the real economy.

-- the new momentum has been significantly enhanced, giving the real economy a strong boost.

From the perspective of new industries, the added value of China's high-tech industries and equipment manufacturing increased by 11.6% and 9.2% year-on-year respectively in the first half of the year, faster than the 4.9 and 2.5 percentage points of industries above scale.From the perspective of new products, new energy vehicles, industrial robots and integrated circuits are favored by the market, with output increasing by 88.1%, 23.9% and 15% respectively.From the new format, online retail sales of physical goods increased by 29.8%, accounting for 17.4% of the total retail sales of consumer goods.

-- deepening supply-side reform will unleash huge potential in the real economy.

Since the beginning of the year, driven by policies such as capacity reduction, steel prices have risen steadily and the operation of steel enterprises has continued to improve.Last year, China's industrial capacity utilization ratio rebounded to 77%, the best level in the previous five years. In the first half of this year, it rebounded 0.3 percentage points year-on-year, and the supply and demand relationship was more balanced.Thanks to the supply-side structural reform, China's total factor productivity has maintained its recovery since 2015, with a growth rate of nearly 2%.

-- the operating environment is getting better and better, energizing the real economy.

From January to June, China's average number of new registered market entities reached 18,100.Along with the reform of "deregulation", entrepreneurship and innovation are flourishing.In order to ease the burden on brick-and-mortar enterprises, China introduced a series of policies in the first half of this year, such as reducing the value-added tax rate of manufacturing industry, lowering the standard of collection of some government funds, and reducing the cost of logistics, so that more enterprises can go to work on their own.In the first half of the year, the cost and expense per 100 yuan of the main business income of industrial enterprises above the scale was 92.57 yuan, down 0.4 yuan year-on-year.