Built on artificial intelligence, digitalization, and information technologies, the "Third Industrial Revolution "" transforms large-scale assembly lines and flexible manufacturing system with fundamental modern ma...Built on artificial intelligence, digitalization, and information technologies, the "Third Industrial Revolution "" transforms large-scale assembly lines and flexible manufacturing system with fundamental modern manufacturing technologies and features personalized manufacturing, which is enabled by reconfigurable manufacturing system, and quick market response. It is a profound transformation of techno-economic paradigms, imbedded in the technology, management, and institutional systems. As this revolution deepens, it is likely that manufacturing and the manufacturing sector would acquire new definitions. In addition, the resource foundation and factor structure, which are central to the competitiveness of a nation and an enterprise, would perhaps be reconfigured, hence rewriting the landscape of global industrial competition. Under this scenario, the "smiling curve '" which used to portray the economic features of the value chain, may change into a "silence curve" or even "sadness curve ". The catching- up pathway of latecomer countries, as predicted by the traditional 'flying geese model", is likely to be blocked, solidifying the division of"core and periphery countries" which is unfavorable to developing countries. Industrial competition between countries would move from competition between enterprises and supply chains to competition in industrial ecosystems, matdng system adaptability and dynamics the key to long-term industrial competitiveness. As an effort to embrace the "Third Industrial Revolution" and meet the challenges brought by "multi-facets competition" with developed industrial nations in various links of value chain, in the future China should make appropriate adjustments in its strategies for economic transition and upgrading, global competition, technological innovation, industrial development and information technology.展开更多
Qinghai Province in northwest China has recently drawn up its strategy for foreign economic and trade development. The highlights include optimizing its investment climate, developing channels for introducing foreign ...Qinghai Province in northwest China has recently drawn up its strategy for foreign economic and trade development. The highlights include optimizing its investment climate, developing channels for introducing foreign capital and making good use of foreign funds, the development of natural resources and the reform of its medium-to-large enterprises to improve and benefit the development of its展开更多
文摘Built on artificial intelligence, digitalization, and information technologies, the "Third Industrial Revolution "" transforms large-scale assembly lines and flexible manufacturing system with fundamental modern manufacturing technologies and features personalized manufacturing, which is enabled by reconfigurable manufacturing system, and quick market response. It is a profound transformation of techno-economic paradigms, imbedded in the technology, management, and institutional systems. As this revolution deepens, it is likely that manufacturing and the manufacturing sector would acquire new definitions. In addition, the resource foundation and factor structure, which are central to the competitiveness of a nation and an enterprise, would perhaps be reconfigured, hence rewriting the landscape of global industrial competition. Under this scenario, the "smiling curve '" which used to portray the economic features of the value chain, may change into a "silence curve" or even "sadness curve ". The catching- up pathway of latecomer countries, as predicted by the traditional 'flying geese model", is likely to be blocked, solidifying the division of"core and periphery countries" which is unfavorable to developing countries. Industrial competition between countries would move from competition between enterprises and supply chains to competition in industrial ecosystems, matdng system adaptability and dynamics the key to long-term industrial competitiveness. As an effort to embrace the "Third Industrial Revolution" and meet the challenges brought by "multi-facets competition" with developed industrial nations in various links of value chain, in the future China should make appropriate adjustments in its strategies for economic transition and upgrading, global competition, technological innovation, industrial development and information technology.
文摘Qinghai Province in northwest China has recently drawn up its strategy for foreign economic and trade development. The highlights include optimizing its investment climate, developing channels for introducing foreign capital and making good use of foreign funds, the development of natural resources and the reform of its medium-to-large enterprises to improve and benefit the development of its