The spirit of craftsmanship applies to every trade. In the context of opportunities arising from the new industrial revolution and China＇s transition towards high-end manufacturing, Premier Li Keqiang put forward the...The spirit of craftsmanship applies to every trade. In the context of opportunities arising from the new industrial revolution and China＇s transition towards high-end manufacturing, Premier Li Keqiang put forward the concept of the spirit of craftsmanship. This paper reckons that the spirit of craftsmanship can be defined from six dimensions including dedication, standard, precision, innovation, perfection and human care. In fact, the spirit of craftsmanship abounds in China, as illustrated by the examples of Tongrentang and Haier. In comparing the three manufacturing powers of Germany, Japan and the United States, this paper reveals the differences in the connotations of the spirit of craftsmanship across these countries. According to specific national conditions and development stage, China must achieve structural re-engineering of corporate organizations at the level of firms, products, divisions and modules. In a nutshell, the spirit of craftsmanship is a core component of corporate and industrial civilization and it holds an important historic position in industrial and social civilization.展开更多
Despite significant improvements in transport, energy and information communication technology （ICT） infrastructures, inadequacies still exist in China＇s infrastructure development in light of emerging demand and i...Despite significant improvements in transport, energy and information communication technology （ICT） infrastructures, inadequacies still exist in China＇s infrastructure development in light of emerging demand and industrial transition and upgrade. China lags far behind advanced economies such as the United States, Germany and Japan in terms of the quality of transport infrastructures except railroad,＂ electricity infrastructure is insufficient and service efficiency needs improvement; ICT infrastructure requires all-round upgrade and gaps in Internet bandwidth are striking. This paper suggests that, based on the needs of supply-side structural reform, China must reform its investment and financing systems to enhance the efficiency of infrastructure investment. Efforts must be made to enhance air transport and port infrastructure to support industrial upgrade; to develop the energy Internet to address emerging demands; and to forge a new generation of ICT infrastructure with industrial Internet as the priority to prepare China for the new round of industrial competition.展开更多
Supply-side structural reforms are structural adjustments and institutional reforms to address the mismatch between supply and demand and improve TFP. The mismatch is exhibited at the supply side and arises from struc...Supply-side structural reforms are structural adjustments and institutional reforms to address the mismatch between supply and demand and improve TFP. The mismatch is exhibited at the supply side and arises from structural contradictions and must be addressed through reforms. Supply-side structural reforms can be analyzed at the levels of firms, industries and government to arrive at theoretical and systematic conclusions that offer practical guidance. Based on this perspective, this paper proposes policy recommendations on how to deal with zombie firms, reduce cost for manufacturing companies, deepen SOE reforms, eliminate overcapacity, implement ＂Made in China 2025＂ and Internet＋ strategies, promote Beijing-l^anjin-Hebei integrated development, as well as develop the Yangtze River Economic Belt and the old industrial bases of the northeast.展开更多
文摘The spirit of craftsmanship applies to every trade. In the context of opportunities arising from the new industrial revolution and China＇s transition towards high-end manufacturing, Premier Li Keqiang put forward the concept of the spirit of craftsmanship. This paper reckons that the spirit of craftsmanship can be defined from six dimensions including dedication, standard, precision, innovation, perfection and human care. In fact, the spirit of craftsmanship abounds in China, as illustrated by the examples of Tongrentang and Haier. In comparing the three manufacturing powers of Germany, Japan and the United States, this paper reveals the differences in the connotations of the spirit of craftsmanship across these countries. According to specific national conditions and development stage, China must achieve structural re-engineering of corporate organizations at the level of firms, products, divisions and modules. In a nutshell, the spirit of craftsmanship is a core component of corporate and industrial civilization and it holds an important historic position in industrial and social civilization.
文摘Despite significant improvements in transport, energy and information communication technology （ICT） infrastructures, inadequacies still exist in China＇s infrastructure development in light of emerging demand and industrial transition and upgrade. China lags far behind advanced economies such as the United States, Germany and Japan in terms of the quality of transport infrastructures except railroad,＂ electricity infrastructure is insufficient and service efficiency needs improvement; ICT infrastructure requires all-round upgrade and gaps in Internet bandwidth are striking. This paper suggests that, based on the needs of supply-side structural reform, China must reform its investment and financing systems to enhance the efficiency of infrastructure investment. Efforts must be made to enhance air transport and port infrastructure to support industrial upgrade; to develop the energy Internet to address emerging demands; and to forge a new generation of ICT infrastructure with industrial Internet as the priority to prepare China for the new round of industrial competition.
文摘Supply-side structural reforms are structural adjustments and institutional reforms to address the mismatch between supply and demand and improve TFP. The mismatch is exhibited at the supply side and arises from structural contradictions and must be addressed through reforms. Supply-side structural reforms can be analyzed at the levels of firms, industries and government to arrive at theoretical and systematic conclusions that offer practical guidance. Based on this perspective, this paper proposes policy recommendations on how to deal with zombie firms, reduce cost for manufacturing companies, deepen SOE reforms, eliminate overcapacity, implement ＂Made in China 2025＂ and Internet＋ strategies, promote Beijing-l^anjin-Hebei integrated development, as well as develop the Yangtze River Economic Belt and the old industrial bases of the northeast.
