The manufacturing sector in China has surpassed that of the United States in terms of scale.Yet it still suffers from the shocks of an international economic downturn,the lack of core technologies,and the impact of &q...The manufacturing sector in China has surpassed that of the United States in terms of scale.Yet it still suffers from the shocks of an international economic downturn,the lack of core technologies,and the impact of "re-industrialization" of the developed economies.Based on an evaluation of the "smiling curve" theory and selected trade data from 1991 to 2011,this paper performs a comparative analysis of the differences between the manufacturing sectors of China and those of the traditional manufacturing powers in terms of product categories and architecture.This analysis is conducted in order to explore the question of whether China should transition from being the "world's manufacturing plant" to both ends of the "smiling curve".The paper then introduces Japan's "inverted smiling curve " to explore whether profit margins remain in the manufacturing sector.Research shows that China's manufacturing capacity,especially its "integrated" product assembly capacity,has not been fully realized,and that the development of the manufacturing sector can still yield high market returns.As a result,it is necessary for China to continue the path of being the "world's manufacturing plant".展开更多
Industry integration is a significant trend in modern economic system and industrial development.It has been proved by both theory and practice that choosing the path of integrated development is the inevitable course...Industry integration is a significant trend in modern economic system and industrial development.It has been proved by both theory and practice that choosing the path of integrated development is the inevitable course for expanding the modern industrial system,extending the industry boundary and improving industry competitiveness.The modern service industry and advanced manufacturing industry with the core feature of innovation and development under the leadership of technology need to satisfy the high standard and requirement of development quality,comprehensive competitiveness,demand shift and green development.Under the development trend of“integration of two industries”,profound changes have taken place in the status,industrial form and agglomeration mode of producer services.New models are emerging in the integrated development of advanced manufacturing and modern service industries in the aspects of innovation,input,output,demand and region.To accelerate the in-depth development of“integration of two industries”,under the precondition of respecting the choice of market supply and demand and industrial development trends,the government needs to exert targeted force in supporting key integrated areas,organizing working mechanisms orderly and standardizing market access regulations,and fostering diversified integration development entities and establishing talent systems.展开更多
文摘The manufacturing sector in China has surpassed that of the United States in terms of scale.Yet it still suffers from the shocks of an international economic downturn,the lack of core technologies,and the impact of "re-industrialization" of the developed economies.Based on an evaluation of the "smiling curve" theory and selected trade data from 1991 to 2011,this paper performs a comparative analysis of the differences between the manufacturing sectors of China and those of the traditional manufacturing powers in terms of product categories and architecture.This analysis is conducted in order to explore the question of whether China should transition from being the "world's manufacturing plant" to both ends of the "smiling curve".The paper then introduces Japan's "inverted smiling curve " to explore whether profit margins remain in the manufacturing sector.Research shows that China's manufacturing capacity,especially its "integrated" product assembly capacity,has not been fully realized,and that the development of the manufacturing sector can still yield high market returns.As a result,it is necessary for China to continue the path of being the "world's manufacturing plant".
基金supported by the Youth Program of National Natural Science Foundation of China under the theme of“Research on Infl uencing Factors,Mechanism and Stage Optimization of Enterprise Technological Innovation from the Perspective of Transnational Production System”(71903009).
文摘Industry integration is a significant trend in modern economic system and industrial development.It has been proved by both theory and practice that choosing the path of integrated development is the inevitable course for expanding the modern industrial system,extending the industry boundary and improving industry competitiveness.The modern service industry and advanced manufacturing industry with the core feature of innovation and development under the leadership of technology need to satisfy the high standard and requirement of development quality,comprehensive competitiveness,demand shift and green development.Under the development trend of“integration of two industries”,profound changes have taken place in the status,industrial form and agglomeration mode of producer services.New models are emerging in the integrated development of advanced manufacturing and modern service industries in the aspects of innovation,input,output,demand and region.To accelerate the in-depth development of“integration of two industries”,under the precondition of respecting the choice of market supply and demand and industrial development trends,the government needs to exert targeted force in supporting key integrated areas,organizing working mechanisms orderly and standardizing market access regulations,and fostering diversified integration development entities and establishing talent systems.
