XBTFC044310 SCHNEIDER

In response to the risks related to the serious differentiation of profits between the upstream and downstream of the manufacturing industry,the Ministry of Industry and Information Technology will study and introduce unconventional policies for stabilizing growth,including supply-side structural reforms,stimulating consumer demand,and increasing investment in technological transformation.

Affected by the epidemic and rising raw material prices,the current profits of the upstream and downstream of the manufacturing industry are severely differentiated,which may trigger chain reactions such as insufficient endogenous motivation for investment.

针对制造业上下游的利润严重分化带来的相关风险，工业和信息化部将研究出台超常规的稳增长政策，具体内容包括供给侧结构性改革、拉动消费需求、加大技术改造投资等。

受疫情和原材料价格上涨的影响，当前制造业上下游的利润严重分化，有可能引发投资内生动力不足等连锁反应。