The U.S. is systematically reducing its reliance on Chinese manufacturing

The United States is reducing its dependence on Chinese manufacturing in a planned and step-by-step manner. The United States still has the most powerful innovation and the highest labor productivity in the world. If China does not rapidly develop advanced manufacturing, when the US manufacturing industry completes new After a transformation, China will face the dilemma of hollowing out the manufacturing industry. Today, when the US election has just ended and the upward pressure on China's economy is increasing, the book 'Made in America' u200bu200bcan give a lot of inspiration to the Chinese manufacturing industry and government departments. The author Li Weicheng is the head of Dow Chemical Company and the CEO of Fortune 500. In this book, he talks freely about his views on American manufacturing and his outlook on the future. There are many lessons for China's economy, and many points of view are thought-provoking. The just-concluded U.S. election is called a war between two camps. Obama is called by the media to represent the power of American manufacturing. Behind him stands Apple, Microsoft, General Electric and other American manufacturing giants, while Romney Representing the strength of the US financial industry, behind it, JPMorgan Chase, Morgan Stanley, Goldman Sachs and others are all rich and powerful. In the end, Obama's victory heralded that the United States would still rely on manufacturing. The reason is that the danger of the hollowing out of the US economic foundation caused by the high risk and high leverage brought by the financial industry has already aroused the full awareness of the American elite after the financial crisis. The industry's dependence on the industry, a sign that can draw attention from a recent news: Apple is planning to produce the IMAC computer in the United States. It can be seen that the recent propaganda of the Chinese media that 'the return of American manufacturing will cause China's economic recession' is not a worrying statement. For a long time, we have been proud of Made in China. It is undeniable that the Chinese economy has gained a lot from the global division of labor in the industrial chain brought about by the dividends of globalization. China's economy has won the world's attention with its high-speed growth, but the path dependence has made China's manufacturing industry always in a situation where industrial upgrading is incapable, and it relies on low labor costs to conquer the world. It is true that the burst of economic vitality brought about by the reform and opening up has made China form a complete industrial chain support. China has become a hot spot for investment by multinational manufacturing enterprises. However, as said in this book, the advantages of the US manufacturing industry are still huge. The United States has only handed over some of the low-tech and low-end industrial chain divisions to China under the global division of labor system. The United States still has a strong The innovative power of China has the highest labor productivity in the world, which China cannot underestimate. The author is an entrepreneur with a deep American dream. In his view, the United States can enable people from different countries in the world to create a career in the United States through their own efforts and God-given talents. Manufacturing is the foundation of the American Dream. Manufacturing used to be the pride of the United States, but the inherent profit-seeking nature of capitalism has enabled the United States to use the advantages of the US dollar to divide the industry globally. deficit. The author points out that the manufacturing industry can promote the innovation of production and satisfy employment in a country with a large working population. At the same time, the development of the manufacturing industry makes the development of the financial industry not useless. All these determine that the United States must revive the manufacturing industry. to develop the economy. The practical difficulties faced by the U.S. manufacturing industry also determine that the U.S. must take measures to stimulate the manufacturing industry. The author points out several key points: For example, the current image of the manufacturing industry is too outdated and cannot attract enough young people to join it, and the education level in the United States is regressing. These are the current difficulties faced by the American manufacturing industry. Seeing these words, we can't help but think that it is far from the time for Chinese entrepreneurs to celebrate. Although the author praised China's meticulous industrial planning and made a lot of efforts towards emerging industries in the book, these are all the author's praises. We should not belittle ourselves, and we should not be soberly aware of the current problems in China's manufacturing industry. Our problem is exactly the opposite of that of the United States. The high degree of government regulation has weakened the natural vitality of the market. At the same time, some local governments have unrealistically supported and encouraged seedlings, which has made the industrial layout disorderly and enterprises are overly dependent on the government. This is the case of Suntech in Wuxi and Saiwei in Jiangxi. can be seen in. The United States can quickly revive the manufacturing industry by relying on a strong scientific research system and a solid industrial base, and can develop emerging technologies that are more suitable for the resource endowment of the United States. However, China has finally developed a high-tech industry, and it has left a lot of chicken feathers. Moreover, China's high-tech industry often still needs to pick up the wisdom of the United States in terms of core technology. However, China's unique political and business ecology and low technology accumulation are not enough to support China's future manufacturing development, which cannot help but make people sweat about China's manufacturing development potential. 'The revolution has not yet succeeded, and comrades still need to work hard.' When facing more powerful competitors, entrepreneurs must have a stronger sense of risk and crisis. The author proposes that the United States should vigorously develop advanced manufacturing, and that the government should take practical actions to guide the transformation of enterprises, which is a wake-up call for China. At present, advanced manufacturing such as 3D printing, chip manufacturing, and bioengineering has only just started in China. ; And the Internet and other industries that have produced a large number of rich people, China is just following the United States, and there are no companies that lead the times like Apple and Google. If China does not catch up quickly, when the US manufacturing industry completes a new transformation, China's manufacturing industry will face the dilemma of hollowing out.