How Can China Lead in Manufacturing? Transformation of sector stresses quality over quantity
[]
The government's work report stresses the "China Manufacturing 2025" initiative. China wants to make its manufacturing base more competitive in world markets. The new strategy promotes efficient use of resources and new technologies like IT and AI. Today, in "I have a question for Lianghui", CGTN correspondent Han Bin talks to CPPCC member Liu Shijin, former deputy director of the Development Research Center of the State Council, as well as industry leaders, seeking the answers to "Can China lead in manufacturing?"
Generally speaking, China's manufacturing is competitive.
YI ZHICHAO, WORKER HAN'S LASER, SHENZHEN "Manual machines were common in the past. They're being replaced by digital control. If you don't keep up with the changes, you will be let go."
YE MINGWU, CHAIRMAN GENERAL GLOBAL GROUP CO., LTD. "China's manufacturing industry was mainly competitive because it was cheap. After some 40 years of reform and opening up, those who haven't undergone industrial transformation will face growing difficulties."
LIU SHIJIN, CPPCC MEMBER FORMER DEPUTY DIRECTOR, DRC, STATE COUNCIL "Uncompetitive companies will be eliminated, industrial re-structuring is shaping up. The number of companies will shrink. This process is taking place in China."
"Our company provides an advanced growth mechanism & service for manufacturing enterprises to help them meet the development needs in the new era. We have worked closely with world-class companies."
ENRICO MILAZZI, CHIEF COMMERCIAL OFFICER LOSMA, ITALY "We strongly believe in China's important market. Since the technology level is very high, the general potential of the industrial market here is on top."
HAN BIN "China used to be the world factory for cheap goods. Now it aims to become a global manufacturing power. The question is how to make this sector more competitive in the global market, and that's my question for Lianghui."
YE MINGWU, CHAIRMAN GENERAL GLOBAL GROUP CO., LTD. "Building up strength requires the transformation of business model and thinking. It's necessary to pay attention to the latest trends of development within the industry. The most important is to improve your own quality."
LIU SHIJIN, CPPCC MEMBER FORMER DEPUTY DIRECTOR, DRC, STATE COUNCIL "China's manufacturing industry is pursuing a high-quality growth of transformation. Quite a number of top-level industries, technologies and products will emerge."
HAN BIN "After more than a decade of fast growth, Chinese companies are struggling to remain competitive globally. The country's manufacturing sector is big but not strong. And most are facing mounting pressures that threaten survival. The impact of China's transformation on its manufacturing sectors may go far beyond the plan of "Made in China 2025". And the process could be long and painful. Han Bin, CGTN, Beijing."