United Kingdom the Economist published an article on September 12, "said China's manufacturing industry remains one of a kind". September City North high tech or 92 in the table
In the high-tech thrill and (Government) strongly advocated the development of the service industry when it is easy to forget that China's modern economy is built on mostly low tech a solid manufacturing base. China's manufacturing industry is generally considered to be in danger. Factory situation, with rising labor costs, jobs also returned the United States and Europe. Chinese officials are the only means at their disposal to respond. Manufacture of 2025, China May in Beijing. This is a costly plan, administrative directives, subsidies and other measures to be adopted to convince manufacturers to upgrade, intended to make China by 2025 as a green development and innovation-driven "manufacturing power in the world."
China is already the world's top manufacturing country, nearly 1/4 per cent of global manufacturing value added. Wharton School of the University of Pennsylvania study found that China is still the leader in many industries, "to return in developed economies is not large. "China remains a" factory Asia "lies at the heart of it. The country has good infrastructure and a large and industrious and skilled labour force. Despite rising wages, but China's productivity is still far higher than competitors such as printing.
China's manufacturing industry is almost entirely under the control of the Chinese and foreign private companies, different from the State-owned enterprises, they could not enter the under officials urged unprofitable areas. In fact, when the Government has yet to introduce incentive measures, these private enterprises innovation activities carried out at breakneck speed. United States Maike·namala a large manufacturer boss said before Chinese factories for export markets, but now they are being restructured to focus on its domestic market. They are wise to invest in automation, worker training, and new modes of production. In this process, China is "from the engine into a real innovation in the world. "
The manufacturing of the 2025 goal, China is improving its manufacturing quality, productivity, and digital capabilities, and so on. Bain said Dai Jiahui, world-class manufacturers in other countries were doing. Beijing has invested heavily in these areas, is likely to help Chinese enterprises to come from behind.
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