Made in China faces three major opportunities
Release Date:2020-09-19
Source:China Machine Tool Industry Association
Views:2132

With the implementation of related work, China's manufacturing industry will continue to promote high-quality development. Zhang Xiangmu, former director of the Equipment Industry Department of the Ministry of Industry and Information Technology, said recently that Chinese manufacturing is facing three opportunities:

 

First, the cross-integration of information technology, biotechnology, new energy technology, and new material technology worldwide has gradually released the momentum of a new round of technological revolution and industrial change, opening up new horizons for the development of my country's manufacturing industry.


Second, the domestic demand is constantly escalating. The ultra-large-scale market advantage and domestic demand potential have created a large number of application scenarios for new technologies, new formats, and new models, adding new impetus to the innovation and development of my country's manufacturing industry.


The third is that my country’s long-term economic growth, complete industrial system, strong material foundation, abundant human resources, and overall social stability have many foundations and conditions for continued development. At the same time, my country's system has significant advantages and will play an important role in promoting the high-quality development of manufacturing.