Index > Briefing
Back
Tuesday, January 24, 2017
Reindustrialization a global phenomenon
ANBOUND

From the 1980s, the United States, Britain, France and other countries led the "de-industrialization" which has become a prominent phenomenon of globalization, and the local real economy has been seriously weakened. The results triggered the 2008 international financial crisis. Now, almost all developed countries are aware of the need to restore the manufacturing sector; the "de-industrialization" has completely reversed to "reindustrialization." For China, the "World's Factory," the real economy cannot be terminated. Earlier, quite a number of enterprises were relying on strong capital and huge amounts of money to speculate in real estate while others were keen on capital operation, opening a bank, creating trust and managing stocks; some even involved in misappropriation of money. Similar problems are caused by both the international environment and economic situation, as well as by China’s domestic systems and policies; to solve the related problems there must be systematic reform and adjustment.

Copyright © 2012-2025 ANBOUND