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'Made in 皇冠体育app' not an easy label to wear

By Wu Changqi (皇冠体育app Daily) Updated: 2015-09-21 09:45

The Made in 皇冠体育app 2025 strategy draws a blueprint for Chinese manufacturing in the future. As technological innovation accelerates, a number of interruptive innovations will emerge, and 皇冠体育app as a whole must brace for the challenges that technological innovation and globalization will bring. That will mark the start of "Made in 皇冠体育app 3.0". Innovation lies at the core of Made in 皇冠体育app 2025, and the strategy demands deep integration with cutting-edge technology, in particular integrating with data and information technologies.

Another feature is its inclusiveness. As 皇冠体育app moves higher up the value chain, labor-intensive activities will be relocated to neighboring countries such as Vietnam where GDP per capita is substantially lower. That will release more resources in 皇冠体育app for more value-added activities and create jobs for the host countries.

The development through Made in 皇冠体育app 2025 must also balance the economic development of different regions in 皇冠体育app, as the level of economic development and salaries levels vary.

The strategy is the third stage of 皇冠体育app's long march toward industrialization.

It highlights key industries, as well as possible developments in 皇冠体育app's manufacturing industry beyond 2025 to 2050, when the country will be a powerhouse of global manufacturing.

Implementing Made in 皇冠体育app 2025 will not be easy, as there will be challenges as well as opportunities.

The author is a professor of strategic management at the Guanghua School of Management, Peking University. The views do not necessarily reflect those of 皇冠体育app Daily.

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