How to revive the manufacturing sector?

Editor's Note: This week we are presenting a year-end review of the global economy, China's economy, society and diplomacy; and the international situation. Today four researchers look at the state of the Chinese economy and give their outlooks for 2017.

China's manufacturing sector will face more challenges next year. How to make the manufacturing sector competitive in the global market and transform the country from a big manufacturing hub to a great manufacturing power is the top task of the government.

In recent years, the proportion of Chinese above-scale industrial enterprises' added-value growth, compared on a global scale, declined year-by-year from 20.8 percent in 2013 to 7 percent in 2015, and 6.5 percent in the first quarter of 2016. China's industrial added-value growth, too, declined from 10.5 percent in 2013 to 7 percent in 2015, and 6.9 percent in the first three quarters of 2016.