Abstract China's manufacturing industry faces "two-way squeeze" between developed countries and other developing countries, and must adhere to the new industrialization road - manufacturing is in the industrial center. Since the new century, Chinese industry...
China's manufacturing industry faces "two-way squeeze" between developed countries and other developing countries, and must adhere to the new industrialization road - manufacturing is in the industrial center.
Since the new century, China's industrialization has accelerated, and the basic industrialization targets and main indicators set by the 16th National Congress of the Communist Party of China (2002) have been realized ahead of schedule. At present, China, as the world's largest industrial producer, has already seen the basic characteristics of the post-industrial era and has driven the world into the post-industrial era.
The facts show that China's industrialization development is relatively successful, reflecting the market share and international competitiveness of various technology industries and products in the international market, especially in the Asian market. This requires talking with professional data. In January 2016, the Asian Economic Integration Report 2015 released by the Asian Development Bank showed that China’s share of Asia’s exports of high-tech products rose from 9.4% in 2000 (equivalent to 37% in Japan) to 2014. 43.7%, ranking first in Asia, equivalent to 5.7 times that of Japan. Not only that, but the proportion of other high-tech products exports to the Asian market also showed an upward trend. For example, the proportion of medium and high-tech products increased from 10.1% to 36.5%. The proportion of low-tech products increased from 14.9% to 34.6%, and even the proportion of low-tech products increased from 26.3% to 55.4%, equivalent to 5.9 times that of India.
That is to say, in the Asian market of four types of technology products, China is internationally competitive, unless the market share begins to decline, or declines significantly, such as Japan. This also shows that during the period 2000-2014, China's implementation of a new industrialization strategy was very successful.
For China, it is not always necessary to engage in industrialization. The key is to what kind of industrialization problems should be pursued. There are different answers in different stages of industrialization. In the 21st century, the answer is clear: from “traditional industrialization” to “new industrialization”. As early as 2002, the Party Central Committee proactively proposed a new road to industrialization with Chinese characteristics.
The road is positioned as: “Adhere to industrialization with informationization, promote informationization with industrialization, and embark on a new industrialization path with high technology content, good economic returns, low resource consumption, less environmental pollution, and full utilization of human resources.” It can be called the 1.0 version of China's 21st century new industrialization, which has been greatly different from the traditional industrialized version of the first half of the 20th century.
To this end, for China, the current and long-term core issue is not whether to engage in industrialization or de-industrialization, but how to become a new industrialized country in the world and become a world manufacturing power. The manufacturing industry is at the center of the industry. It is not only the engine of national industrialization, urbanization and modernization, but also the core subject of the national economy, or the basis of China's technological innovation and international competitiveness.
To this end, in 2015, the Party Central Committee and the State Council proposed the 2.0 version of China's industrialization in the 21st century, namely “Made in China 2025”. It points out the outstanding problems of China's current industrialization: compared with the world's advanced level, China's manufacturing industry is still large but not strong, and the gap between independent innovation capability, resource utilization efficiency, industrial structure level, informationization level and quality benefit is obvious. The task of transformation and upgrading and leapfrogging development is urgent and arduous; from an international perspective, China's manufacturing industry faces the severe challenge of “two-way squeeze” between developed countries and other developing countries. Therefore, adhering to the road of China's new industrialization and building an internationally competitive manufacturing industry is the only way for China to upgrade its overall national strength, safeguard national security, and build a world power.
It should be said that "Made in China 2025" has given the strategic goals, grand blueprint and road map for new industrialization. The key to the 2.0 version of China's new industrialization in the 21st century is how to implement this plan.
(The author of this article: Dean of the National Studies Institute of Tsinghua University, professor of the School of Public Administration, representative of the 18th National Congress of the Communist Party of China, leader of national conditions research.)

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