US Manufacturing Recovery Strategy Will Impact China Made

Recently, news of U.S. manufacturing recovery continues to spread. Wal-Mart Stores Inc., the largest U.S. retailer, announced this year that Wal-Mart’s supply will increase US$50 billion in U.S.-made goods over the next 10 years. GE will invest US$1 billion in 2014 to revitalize its electrical business in the United States, with a view to creating more than 1,500 jobs in the United States.

In fact, at the beginning of the New Year, US President Barack Obama called on government officials and entrepreneurs to discuss how to encourage companies to increase investment in their homeland, reverse employment losses caused by labor outsourcing in recent decades, turn outsourcing into outsourcing, and create employment opportunities. get back. After the outbreak of the financial crisis, it was recognized that the industrial recession had weakened US hegemony. Obama has been pushing for industrial rejuvenation programs.

The American business community also agrees with this. Some entrepreneurs even claim that outsourcing has already gone out, and many companies have started to manufacture manufactured goods in the United States. These companies have found that with the rise in transportation prices caused by overseas labor and oil prices, it is increasingly cost-effective to produce daily necessities in the United States. They also find that one of the most crucial benefits is that after outsourcing, entrepreneurs are out of production and they are no longer Concerned about the production process and innovation, this has a great impact on the American business community. Now that outsourcing is transformed into in-house or self-built production lines, they are more concerned about the transformation of the production line and are more concerned with product innovation.

As early as eighty years ago, the economic master Schumpeter was worried about the loss of entrepreneurial venture economy and the loss of innovation power (310328, fund). These entrepreneurs gradually changed their power from opportunities to discoverers and promote social progress. The rentier. There is no doubt that Schumpeter’s prophecy was partially realized in the United States. In the past 30 years, the United States has adopted a financial nation-building strategy. Many entrepreneurs have become “excess rentiers,” which has led to a gradual weakening of the US’s leading edge in creativity. In recent years, both the politicians above the temple and the entrepreneurs in the arena have undoubtedly raised high expectations for the revival of the U.S. manufacturing industry.

According to a report issued by the Boston Consulting Group in February 2012, 37% of companies surveyed by 106 U.S. companies with annual sales of not less than 1 billion U.S. dollars said they are considering or planning to manufacture The business moved back to the United States. Of these, a considerable portion came from China. Even Apple Inc.’s current CEO Tim Cook also stated that he planned to invest 100 million U.S. dollars in the new year to move back some Mac production lines to the United States. The production department moved back to the mainland.

The US manufacturing renaissance plan poses a challenge to China's manufacturing industry. If it does not seek a way out of industrial innovation as quickly as possible, China’s manufacturing advantage will be lost. China’s manufacturing has been influenced by the “reindustrialization” strategy of Europe and the United States and its post-development. The double attack of the national industrialization wave. As far as the former is concerned, there is often a direct competitive relationship between the U.S. industrial revitalization plan and China's promotion of high-tech industry development. For example, Huawei, Zhongtong, and the photovoltaic industry have direct competition with the U.S.; in the latter case, China Factors such as labor costs, raw materials, and other factors are no longer cheap, coupled with factors such as the appreciation of the renminbi, and international capital has turned to other developing countries such as Nike.

At present, innovation is the core element of China's industrial chain that lacks the most. China's manufacturing is more at the bottom of the curve of smiles. This area is relatively competitive and it is no longer realistic to rely entirely on low-cost shopping. Shopping is always dumped by other countries as a trade, and it is still necessary to rely on innovation to survive. Innovation is not only a technological invention, but more importantly, it is based on technology, transforms the corporate economy, finds new business models, and actively participates in the industrial chain reconstruction.

The bottlenecks that constrain our innovation model are the following three points: First, education is out of touch with the market, and intellectual property protection is insufficient, resulting in insufficient innovation and incentive mechanisms for our enterprises. China's "cottage ability" is enough to make the entire innovation become worthless. At the same time, once a company finds a new model, many companies do everything possible to imitate and follow suit. Second, companies are keen to invest in listings rather than seriously improving their product competitiveness. Even the word “innovation” is a service for businesses to circulate money: in the name of innovation, the practice of making money is true, and many companies are unwilling to continue to improve the competitiveness of their products after achieving the purpose of making money. Third, the culture transformed from the traditional society still in fact rarely encourages curiosity and innovative spirit. The basic characteristic of the traditional society is to restrict liquidity and stability, and the culture based on it is often conservative. It does not encourage innovation and curious exploration, and these are the obstacles for enterprises to create profits. The lack of entrepreneurial spirit is often a sign of the gradual decline of the entire economy. These bottlenecks must be broken and Chinese manufacturing can have a way out.