By the middle of the year, the trend of the industrial economy has attracted much attention. How is the development of industrial economy facing pressure, challenges, and multiple uncertain factors? What measures will be taken next to stabilize industrial development? At the press conference of the National Development and Reform Office held on the 19th, relevant officials from the Ministry of Industry and Information Technology responded. In response to risks and challenges, industrial production has steadily resumed. Since the beginning of this year, a number of economic stabilization policies have continued to show their effectiveness, and various regions have intensively launched measures to support the development of the manufacturing industry. With policy support and the efforts of various sectors of the industry, the industrial economy has maintained a momentum of recovery and development. In the first half of the year, the added value of industries above designated size increased by 3.8% year-on-year, an increase of 0.8 percentage points compared to the first quarter. 5. The year-on-year growth rate in June was 3.5% and 4.4% respectively, showing a trend of monthly recovery. Zhao Zhiguo, spokesperson for the Ministry of Industry and Information Technology, said that the profit decline of industrial enterprises has narrowed for three consecutive months. Key industries have steadily recovered, playing a supportive role in stabilizing the industrial market. In May, the profit of the equipment manufacturing industry increased by 15.2% year-on-year, maintaining double-digit growth for two consecutive months. The automotive manufacturing industry, electrical machinery, and equipment manufacturing industries have maintained high profit growth. It is worth mentioning that the upgrading of industrial exports has injected vitality into the recovery of the industrial economy. In the first half of the year, the export of "New Three Kinds" represented by new energy vehicles, lithium-ion batteries, and solar cells increased by 61.6% year-on-year. "At present, the industrial economy is still facing difficulties such as insufficient demand and declining efficiency. However, from the perspective of the trend, the fundamentals of China's industrial sustainable development have not changed." Zhao Zhiguo believes that stabilizing industry should pay more attention to expanding Effective demand, focusing on key industries, and enhancing endogenous power. He stated that the Ministry of Industry and Information Technology will prioritize stable growth, accelerate the implementation of policies to promote consumption in automobiles and home furnishings, and accelerate the formulation and implementation of work plans for stable growth in ten key industries such as automobiles, electronics, and steel. In terms of efforts to expand Effective demand, we will deepen the "three products" action of consumer goods and raw materials, organize new energy vehicles, smart home appliances, and green building materials to go to the countryside, and will work with the China Development Bank to implement special loans and increase investment in manufacturing. Empowering small and medium-sized enterprises to accelerate assistance and relief through quality leadership, injecting endogenous momentum into stable industrial operation. Since the beginning of this year, a series of enterprise assistance policies have been introduced from the central to local levels, and a large number of small and medium-sized enterprises have overcome difficulties and made efforts to move forward. The overall production and operation of small and medium-sized enterprises has maintained a recovery trend. Among them, the operating revenue and profit growth of "Little Giant" and specialized and refined new enterprises are higher than those of industrial enterprises above designated size, demonstrating strong resilience. The foundation for the stabilization and recovery of small and medium-sized enterprises is not yet solid, and we need to further increase support efforts to effectively solve the difficulties faced by enterprises. Tao Qing, Director of the Operation Monitoring and Coordination Bureau of the Ministry of Industry and Information Technology, said at the press conference that nine departments including the Ministry of Industry and Information Technology jointly issued the "Special Action on Quality Standard Brand Value for Small and Medium Enterprises (2023-2025)", focusing on the development needs of small and medium-sized enterprises and taking targeted measures to assist them. Tao Qing stated that he will adhere to the demand orientation of small and medium-sized enterprises, and continuously promote the enhancement of enterprise competitiveness and development through quality improvement, standard guidance, and brand building. For small and medium-sized enterprises