The current world economic recovery has been arduous and erratic. Advanced economies such as the United States, Europe, and Japan are implementing "reindustrialization" with advanced manufacturing as the core. International market competition is also developing in the direction of high-end; emerging economies are accelerating their development. The comparative advantages of industries and technologies have made it more difficult for China's machinery industry to have more comparative advantages in expanding exports, and the machinery industry is facing pressure from “follow-up after recoveryâ€. "The lack of discourse power and bargaining power will make it very difficult for China's machinery industry to upgrade its tasks in the international industrial division of labor.
Not only that, but also from the domestic market, the machinery industry is equally difficult: the total demand for machinery products has slowed down, but the level and quality requirements for equipment products have increased; the internationalization trend in the domestic market is clear, and it is urgent to increase the core competitiveness of the industry; The upward pressure has increased, the profit margin of the industry has been compressed; the constraints on resources and the environment tend to strengthen, and the extensive development model is difficult to sustain.
According to industry veterans, the machinery industry has to break through the bottleneck of development, and must accelerate the transformation and upgrading to achieve “three transformations†and “three enhancementsâ€. That is to say, the whole machine will drive the development of parts and components to the overall development of the machine and parts. Relying on physical production to drive the transformation of relying on physical production and manufacturing services, the shift from relying mainly on increasing the consumption of material resources and extensive management to relying mainly on scientific and technological advancement, management innovation, and improvement of the quality of laborers, thus achieving the transformation of the mode of industrial development; Industrial technology level, improve product quality, increase economic value-added, so as to fully optimize the industrial structure, technical structure, product structure, organizational structure, process structure, and promote the overall optimization of the industrial structure. Whether Wuxi Huadong Heavy Machinery and other machinery industry companies want to break through the predicament of the international market, or to deal with the difficulties of the domestic market, the key lies in the improvement of their own strength.
Not only that, but also from the domestic market, the machinery industry is equally difficult: the total demand for machinery products has slowed down, but the level and quality requirements for equipment products have increased; the internationalization trend in the domestic market is clear, and it is urgent to increase the core competitiveness of the industry; The upward pressure has increased, the profit margin of the industry has been compressed; the constraints on resources and the environment tend to strengthen, and the extensive development model is difficult to sustain.
According to industry veterans, the machinery industry has to break through the bottleneck of development, and must accelerate the transformation and upgrading to achieve “three transformations†and “three enhancementsâ€. That is to say, the whole machine will drive the development of parts and components to the overall development of the machine and parts. Relying on physical production to drive the transformation of relying on physical production and manufacturing services, the shift from relying mainly on increasing the consumption of material resources and extensive management to relying mainly on scientific and technological advancement, management innovation, and improvement of the quality of laborers, thus achieving the transformation of the mode of industrial development; Industrial technology level, improve product quality, increase economic value-added, so as to fully optimize the industrial structure, technical structure, product structure, organizational structure, process structure, and promote the overall optimization of the industrial structure. Whether Wuxi Huadong Heavy Machinery and other machinery industry companies want to break through the predicament of the international market, or to deal with the difficulties of the domestic market, the key lies in the improvement of their own strength.
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