High-end equipment sector to build a new image for China’s manufacturing sector

High-end equipment manufacturing sector is an important reflection of a country’s manufacturing capabilities. In recent years, many developed countries proposed “re-industrialization” strategies to rejuvenate the manufacturing sector. Under this context, a new round of battles is about to open while high-end manufacturing sector has become the main arena. A number of developed countries have established strategic plans (including the Advanced Manufacturing National Program of the U.S. and Industry 4.0 program of Germany) centering about high-end manufacturing sector, in an attempt to entrench or even extend their dominance in this sector. 

China still lags behind developed countries in terms of high-end manufacturing capabilities, due to its weak innovative capabilities, lack of proprietary technologies, insufficient capabilities in manufacturing needed key parts and components, poor reliability of its product quality, as well as weakness in brand building and service systems.

These weaknesses have been addressed in the Guidelines. As set forth in the Guidelines, China’s high-end equipment manufacturers shall quicken their efforts to develop key parts and components incorporating China’s self-developed technologies, promote the engineering and industrial application of high-end equipments and systems, and build a better image for China’s manufacturing sector; the added value from the high-end equipment manufacturing sector shall hit RMB12tn by 2020.

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