Industrial cooperation helps drive growth
By Zhong Nan | China Daily | Updated: 2017-07-06 07:18
Germany's Industry 4.0 strategy will push Chinese companies in many emerging as well as traditional sectors to adopt trends in digital, intelligent, service-oriented and platform-based development to compete with global rivals, business leaders said.
Many of China's manufacturers, however, are transitioning from the 2.0 to the 3.0 level of industrial development.
So, carrying out the integration and application of those global trends-and the resulting innovation - needs to be done within the context of China's situation, according to Feng Yaoxiang, spokesman for the China Council for the Promotion of International Trade in Beijing.
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