The realistic path to promote the transformation and upgrading of traditional manufacturing industry

Faced with the new situation and new challenges, the traditional manufacturing industry needs to actively explore the transformation and upgrading path to enhance the ability to meet domestic demand as the main line, while enhancing the status of the international great cycle.

First, we need to enhance the ability of traditional manufacturing to meet domestic demand. At present, the coordinated development of the Beijing-Tianjin-Hebei Region, the development of the Yangtze River Economic Belt, innovation-driven development, and rural revitalization strategies continue to deepen, which provides new opportunities for traditional manufacturing to better participate in the domestic cycle.

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The traditional manufacturing industry needs to actively meet the national strategic needs, effectively make efforts in technology research and development, product design and marketing, and realize transformation and upgrading in the organic connection with the national strategy. At the same time, in the process of participating in the domestic cycle, explore the direction and path of transformation and upgrading of traditional manufacturing industry.

Second, we must adhere to core technology research and development and open up new international markets, and cultivate new advantages for manufacturing to participate in international cooperation and competition. The traditional manufacturing industry has obvious comparative advantages in basic technology, production capacity, market share and other aspects, and needs to further complement the shortcomings in core technology, give full play to its advantages, and seek development. In particular, it is necessary to accelerate the cultivation of new competitive advantages in labor productivity and supply chain efficiency in response to the gradual weakening of the “low-cost” advantage of the manufacturing industry. To this end, the traditional manufacturing industry needs to deepen the existing fields at the same time, and strive to have a common technical basis of new materials, new energy and new technology direction transformation, and actively invest in technology research and development related to the main business. At the same time, seize the opportunity of infrastructure construction and urbanization in countries along the “Belt and Road” and strive to open up new overseas markets.