Manufacturing in China Faces Three Major Opportunities

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 world's information technology, biotechnology, new energy technology, new materials technology and other cross-integration, a new round of scientific and technological revolution and industrial transformation momentum gradually released, for China's manufacturing industry has opened up a new world.

Second, domestic demand is constantly upgrading, super-large-scale market advantages and domestic demand potential for new technologies, new industries, new models to create a large number of application scenarios for China's manufacturing innovation and development to add new impetus.

Third, China's long-term economic development, complete industrial system, a solid material base, abundant human resources, social stability, continued development has a variety of foundations and conditions. At the same time, China's system has significant advantages and will play an important role in promoting the development of high-quality manufacturing industry.