Industrial cooperation helps drive growth
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.