In­dus­trial co­op­er­a­tion helps drive growth

China Daily (Hong Kong) - - XI'S VISIT - By ZHONG NAN zhong­nan@chi­nadaily.com.cn

Ger­many’s In­dus­try 4.0 strat­egy will push Chi­nese com­pa­nies in many emerg­ing as well as tra­di­tional sec­tors to adopt trends in dig­i­tal, in­tel­li­gent, ser­vice-ori­ented and plat­form-based de­vel­op­ment to com­pete with global ri­vals, busi­ness lead­ers said.

Many of China’s man­u­fac­tur­ers, how­ever, are tran­si­tion­ing from the 2.0 to the 3.0 level of in­dus­trial de­vel­op­ment.

So, car­ry­ing out the in­te­gra­tion and ap­pli­ca­tion of those global trends — and the re­sult­ing in­no­va­tion — needs to be done within the con­text of China’s sit­u­a­tion, ac­cord­ing to Feng Yaox­i­ang, spokesman for the China Coun­cil for the Pro­mo­tion of In­ter­na­tional Trade in Bei­jing.

China has been im­ple­ment­ing its Made in China 2025 plan to mod­ern­ize man­u­fac­tur­ing and boost growth through tech­no­log­i­cal up­grades, knowl­edge-based in­dus­tries and en­vi­ron­men­tally friendly de­vel­op­ment.

The Ger­man in­dus­trial gi­ant Robert Bosch GmbH has been seek­ing part­ner­ships in China to drive strat­egy and build projects in sup­port of Made in China 2025 and China’s In­ter­net Plus strat­egy to in­te­grate the in­ter­net and tra­di­tional in­dus­tries, said Peter Ty­roller, a Bosch board mem­ber re­spon­si­ble for the Asia Pa­cific.

“China’s grow­ing de­mand for high-value-added prod­ucts and ser­vices, es­pe­cially for its au­to­mo­biles, home-re­lated ser­vice busi­nesses and man­u­fac­tur­ing projects, of­fers many growth points,” Ty­roller said.

Bosch and the Chi­nese search engine com­pany Baidu have signed a strate­gic co­op­er­a­tion agree­ment on smart mo­bil­ity in China. Bosch will be in­volved in Baidu’s Apollo project, which aims to pro­vide open, comprehensive and re­li­able soft­ware for the de­vel­op­ment of au­to­mated ve­hi­cles.

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