摘要
Innovation drives the transformation of the manufacturing industry in the province South China’s Guangdong Province,which is famous for its manufacturing industry and processing trade,is now facing"growing pains."It is under the dual pressure formed by the reindustrialization movement
South China＇s Guangdong Province, which is famous for its manufacturing indus- try and processing trade, is now facing＂growing pains.＂ It is under the dual pressure formed by the reindustrialization movement in developed economies, as well as the low-cost competition coming from developing econo- mies. Realizing that transformation is necessary, the province has been restructuring its indus- trial structure.
