What does the entity industry mean?

Entity industry refers to the wealth created by people on earth through intelligent use of tools, including the production and circulation of material and spiritual products and services and other economic activities.

Entity industries include the production and service departments of agriculture, industry, transportation and communication, commercial services, architecture and cultural industries, as well as the production and service departments of spiritual products such as education, culture, knowledge, information, art and sports. The real economy has always been the foundation for the survival and development of human society.

Developing the real economy is the foundation of the country, the source of wealth, an important pillar of the country's prosperity, a solid foundation for building a modern economic system and an important support for building a future development strategy.

The role of developing the real economy:

1. Provide basic means of subsistence: Throughout the ages, even forever, people always have to eat, dress, move, live, see a doctor, relax and so on. And the basis for ensuring the continuation of these activities is various means of subsistence. Then, these means of subsistence are produced by various real economies. If the production activities of the real economy stop, then people's various consumption activities will not be guaranteed.

2. Improve people's living standards: Similarly, people should not only survive, but also develop, that is, people should not only live, but also live better. The material conditions for ensuring people's better life are created by various higher-level real economies. If the more advanced production activities of the real economy stop, then people will fundamentally lose the foundation for improving their living standards.