Whether it is the rising labor cost faced by employers or the labor rights abuse that workers are concerned about, it seems that they can all be solved with the help of technology upgrading. ![]() On the one hand, technology-driven changes in modes of production can accelerate industrial transformation and upgrading, promote labor-intensive industries to capital and technology-intensive, and replace demographic dividends with technological dividends. Intelligent equipment and smart production lines, such as those utilizing industrial robots and automated high-end computer numerical control (CNC) machine tools, are listed as key development areas.Īs China is striding toward intelligent manufacturing, we have also noticed the "double-edged sword" effect of technology. The government regards intelligent manufacturing as the main direction of manufacturing the next two decades. According to the macro policy on manufacturing development formulated by the State Council, China will continue to upgrade as a major manufacturing country and enhance the overall competitiveness of the manufacturing industry. In this context, the Chinese government has proposed "intelligent manufacturing" as the macro-objective of industrial upgrading, aiming to transform its developmental path through technology-driven industrial upgrading. The disappearance of the demographic dividend has greatly weakened China's comparative advantage as a "world factory." Frequent labor conflicts hinder the country's social stability and harmony. The original equipment manufacturing (OEM) model that has been in existence for more than 30 years has repeatedly withstood the collateral effects of economic crises in European and American countries. ![]() China is now in a critical period of manufacturing transformation and industrial upgrading. ![]() Digitization, artificial intelligence, the Internet of Things (IoT), big data, and cloud computing have become the keywords of this round of industrial revolution. A new round of technological revolution is triggering a new industrial revolution on a global scale.
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