Industry experts: China's manufacturing industry will be committed to innovation and transformation

Experts in the industry pointed out that the current international economic situation has become increasingly complex and China's manufacturing industry has begun to face many challenges. At the same time, the Chinese government attaches great importance to the strategic position of the manufacturing industry and is striving to develop the high-end equipment manufacturing industry and enhance China's industrial competitiveness so as to achieve a fundamental transformation from manufacturing to manufacturing in China.

During the "Twelfth Five-Year Plan" period, China will endeavor to cultivate high-end equipment manufacturing industry as a pillar industry of the national economy, and then realize the transformation of China's equipment manufacturing industry from big to strong. By 2020, the sales value of China's high-end equipment manufacturing industry will account for 30% of the total sales value of the entire equipment manufacturing industry.

The 4th China Manufacturing Industry Forum recently held in-depth discussions on topics such as "independent innovation", "high-end manufacturing and intelligent manufacturing." Vice Minister of Industry and Information Technology Su Bo emphasized at the forum that the so-called innovation drive is to strengthen independent innovation and improve core competitiveness. In the process of promoting the development of the high-end equipment manufacturing industry in China, we will focus on addressing the following three major issues: First, we must strengthen and upgrade the industrial infrastructure. He disclosed that the life span of many mechanical parts in China is only one-third to two-thirds of that of similar foreign products, and that of high-quality castings and forgings required by China's power generation equipment manufacturing industry, which ranks first in the world in industrial competitiveness. Approximately one quarter of the investment in nuclear power equipment and other valves still rely heavily on imports. In addition, more than 95% of the high-end numerical control systems also rely on imports. The problem of short quality and domestic equipment in China's equipment manufacturing industry cannot be ignored. The second is to strengthen the organic integration of three innovations such as original innovation, integrated innovation, and introduction, digestion, and re-innovation. Finally, we attach great importance to market cultivation.

Zhou Jichang, chairman of China Communications Construction Group, said that from the international perspective, the profound impact of the financial crisis has caused the global economy to be weak. China's manufacturing industry is also facing deep pressure, and the living space of low-end industrial chains is also rapidly shrinking. At present, China's manufacturing industry is at the crossroads of transformation and upgrading. Every time the economic crisis is often accompanied by a new round of scientific and technological revolution, which can lead the entire economy into a new period of prosperity. He said that the sixth science and technology revolution is coming to us. This will be a good opportunity for China's manufacturing industry to move toward the high-end industrial chain.

Chen Jingwei, chairman of the Hong Kong-China Chamber of Commerce, believes that the country continues to adhere to the "outgoing" strategy outline in the "Twelfth Five-Year Plan", and at the same time, it also emphasizes that "accelerate" is added. As of the end of 2011, Chinese enterprises set up 18,000 foreign direct investment enterprises in 178 countries and regions, accumulatively achieving non-financial direct foreign investment of 322 billion US dollars. It can be imagined that China's manufacturing industry has made a good start on the road to internationalization. Even now, although energy and natural resources still dominate China’s foreign investment, China’s manufacturing industry has begun to pay more attention to “going global” to seek new development. This is an inevitable choice for China’s manufacturing industry to adapt to the development of economic globalization. It is also a fundamental need for its transformation.