Strong marketization key to 'Made in China 2025'

By Zhang Yan
0 Comment(s)Print E-mail China.org.cn, May 22, 2015
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Premier Li Keqiang promotes “Made in China 2025’ strategy during a tour to the J-TECH CNC Machinery Co., Ltd in Quanzhou, Fujian province on April 23. [Photo: English.gov.cn]



"Made in China 2025," China's first 10-year plan of action for implementing a strategy to reinvigorate the country's manufacturing sector, was recently signed by Premier Li Keqiang and issued by the State Council.

"Made in China 2025" states that in order to improve the competitiveness of China's manufacturing industry, breakthroughs should be made in key generic technologies that restrict the long-term development of manufacturing industry. The plan stipulates that these breakthroughs should be achieved through government guidance, resource integration and the implementation of five projects including the establishment of a manufacturing innovation center and the development of intelligent manufacturing.

The development of "Made in China 2025" happens to coincide with that of "Industry 4.0" in Germany. The difference is that the two countries are at different stages of industrial development. Due to a variety of historical reasons, China's industrialization happened much later, therefore China has a long way to go to become a manufacturing giant.

However, both countries are also facing a great difference in context now than they did in the past because the Internet is changing and remodeling manufacturing. The development of the Internet in China is advanced, and the country also has a good traditional industrial base. These conditions provide a strong foundation for achieving the goals of "Made in China 2025."

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