摘要
RECENT major changes in China’s industry structure,such as intensifying environmental protection and restricting resource exploitation,increasingly fi erce market competition,and fast progressing technologies,have rendered the previously extensive development mode of the nation’s manufacturing sector obsolete.The old model features heavy production factor input and large-scale production expansion.
RECENT major changes in China＇s industry structure, such as intensifying environmental protection and restricting resource exploitation, .increasingly fierce market competition, and fast progressing technologies, have rendered the previously extensive development mode of the nation＇s manufactur- ing sector obsolete. The old model features heavy produc- tion factor input and large-scale production expansion. To adapt to China＇s new normal, many Chinese manu- facturers are upgrading their operations to sharpen the industry＇s competitive edge and freshen its image.
