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Monday, December 21, 2015
Domestic Industrial Enterprises' Upgrade Goal Must Be Realistic
ANBOUND

As China is going through the difficult time of economic transition, the upgrading of the manufacturing sector to Industry 4.0 is the common desire for business and government alike

ANBOUND's scholars are of the view that Industry 4.0 is not a problem that can be solved by individual factory alone, it is an inherent problem of the industrial system, it involves the whole industrial systems, and the industrial packages.

Overall, China must be careful with its Industry 4.0 plans, our manufacturing standard is far behind from the Germany, the policy making departments and the enterprises should set realistic goals for their industrial upgrading and they should not be too ambitious.

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