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Cao Dewang: The Chinese economy cannot achieve independence without traditional manufacturing

Cao Dewang: The Chinese economy cannot achieve independence without traditional manufacturing

CaoDewang:TheChineseeconomycannotachieveindependencewithouttraditionalmanufacturing
TherisingcostofthemanufacturingindustrythathascontinuedtogrowhasledtothephenomenonthatsomeindustrialchainshaveshiftedtoSoutheastAsia.AccordingtoCaoDewang,ChairmanofFuyaoGroup,Chinamusthavealong-termprosperoustraditionalindustry,andtheseenterprisesmustberetained,otherwisetheChineseeconomycannotachieveindependence.SaunaNightNet:TherearealsomanypeoplewhobelievethattheindustriesrelocatedtoSoutheastAsiaarelow-endmanufacturing,andthereisnoneedtoretaintheselow-endenterprisesandlow-endindustries.CaoDewang:ThefoundationofChina’sindustrializationisalreadyverypoor.Theseenterpriseshavemovedaway.Whatareweleft?Ibelievethattheseenterprisesmustberetained,otherwisewewillregretitinthefuture.WeChinese,Chinesecompaniesaretooquicktogetquickresults,andoftendividetheindustryintohigh-endandlow-end.Intheeyesofmanypeople,theInternet,bigdataandinformatizationarehigh-endindustries,andmanufacturingmeanscheaplaborandlow-endindustries.Butaftertheoutbreak,anN95masksoldforuptoUS$175intheUnitedStatesandbecameahigh-endproduct.Fromthiswecanconcludethatthereareonlylow-endpeopleintheworldandnolow-endindustries.Throughthisepidemic,wemustalsoreflectonthatifthereisnotraditionalmanufacturingindustrysuchasepidemicpreventionmaterials,wemustalsorelyheavilyonimports.Chinamusthaveatraditionalindustrythathasbeenprosperousforalongtime,otherwisetheChineseeconomycannotachieveindependence.Ofcourse,aftertheepidemic,Chinahastoestablishanindependentlycompletedindustrialsystem.Inadditiontorebuildingtraditionalmanufacturing,itmustalsomastercoretechnology.Withoutcoretechnology,ithastobeconstrainedbyforeignindustrialchains.Atthesametime,manufacturingisthefoundationofthenationaleconomy.Ifthereisnobasictraditionalmanufacturingindustry,manyso-calledhigh-endindustrieswillnotdevelopatall.Inmyopinion,theInternetorchiptechnology,orbigdata,thesetechnologiesortoolscanimprovetheefficiencyofeconomicoperationanddevelopment.Butifthereisnomanufacturingindustry,thedevelopmentofhigh-endindustriesisimpossibletotalkabout.Itisasifthetableisfilledwithbeautifulanddelicateknivesandforks.Ifthereisnofood,whatdotheseknivesandforksdo?Itcanonlybefurnishings.Inthenationaleconomy,noonecanbeseparatedfromanyoneineachindustry,thereisnohigh-end,low-end,eachindustrymustcoordinatedevelopment,soastoformacompleteindustrialsystem.SaunaNightNet:Howtoretaintheseenterprises?CaoDewang:Excessiverealestateinvestmentleadstobankfunds,laborandotherresourceswillflowtorealestate,pushingupthecostofmanufacturing.Nolongerblindlyengageinrealestate,alargenumberofmanpower,fundsareleft.Sauna,YeWangHouRunfangInternZhaoFangyuanEditorLiWeijiaProofreadingChenDiyan