Zhou Ji, President of Chinese Academy of Engineering: China's manufacturing industry is big but not strong

Zhengzhou, Nov. 8 (Xinhua) - At the 2016 China (Zhengzhou) industrial transfer series docking event held on November 7, Zhou Ji, President of the Chinese Academy of engineering, said that at present, China has become a large manufacturing country, which is equivalent to the United States in terms of volume, but not strong. ". He believes that to promote supply side structural reform, the focus is on manufacturing, the difficulty lies in manufacturing, and the way out lies in manufacturing.

In 2012, the added value of China's manufacturing industry was US $2.08 trillion, accounting for about 20% of the global manufacturing industry, which is equivalent to the United States, Zhou said. However, China's manufacturing industry is large but not strong, which is mainly reflected in the weak ability of independent innovation, high dependence of core technology on foreign countries, and most of the high-end equipment, key parts and components, and key materials needed for industrial development rely on imports. For example, more than 80% of the chips needed in our country are imported; the quality of products is outstanding. The unqualified rate of the products inspected by the state is as high as 10%, and the direct quality loss of the manufacturing industry every year is more than 200 billion yuan: the resource utilization efficiency is low. The energy consumption per unit of GDP is about twice the world average level, and the adjustment of industrial structure is urgent. The strategic emerging industries are weak, the traditional industries need to be upgraded, the service-oriented manufacturing industry is just in its infancy, the level of industrial agglomeration and cluster development is low, and it is generally at the middle and low end of the world manufacturing industry chain.

He stressed that under the new normal, to promote supply side structural reform, the focus is on manufacturing, the difficulty is in manufacturing, and the way out is in manufacturing.

In fact, the manufacturing industry of all countries has experienced a process from weak to strong, which is consistent with its industrialization process. According to Zhou Ji, in 2014, in the distribution of manufacturing industry comprehensive index of major industrialized countries, the United States was far ahead, ranking first; Germany and Japan were in the second; Britain, China, France and South Korea were in the third. The main differences between China and the first and second array countries are low labor productivity, low value-added rate, weak innovation ability and lack of well-known brands.

He predicted that the process of China's manufacturing power can be divided into three stages: in ten years, by 2025, China will become one of the world's manufacturing powers: by 2035, China's manufacturing industry as a whole will reach the middle level of the world's manufacturing power camp; by 2045, China's manufacturing industry will be large and strong, and its comprehensive strength will enter the ranks of the world's manufacturing powers.