On the verge of China's economic new normal, it is urgent to conduct industrial transformation and upgrading, for which Chinese government has identified smart manufacturing as its way out. ANBOUDN think tank scholars emphasize the necessity of recognizing the vital significance of smart manufacturing. For a quite long time in the future, smart manufacturing will be the direction of China’s industrial transformation and upgrading, therefore, it is a national strategy which can derive noteworthy market and investment opportunities.