[New industry opportunities, how can China win a place in the new technological revolution? On April 16, the U.S. Department of Commerce announced the activation of the refusal order to prohibit US companies from selling all their products to ZTE for a period of up to seven years. The ban will take effect immediately. This incident has aroused strong reaction from all walks of life in China. Calling for reciprocal counterattacks, those who discuss "regulations" and international economic and trade rules have revisited the shortcomings of China's manufacturing in the core field, and asserted that the voice of "independent research and development in spring has come" has also been incorporated. On April 20, ZTE announced in a public statement that the practice of the US Department of Commerce was "extremely unfair" to ZTE, and ZTE could not accept it.
We think such "blocked" incidents deserve deep reflection. On the one hand, in the complex international economic and trade relations with interests, compliance is crucial for Chinese companies that are going out. Chinese companies need to respect rules and fully use rules to safeguard their rights and interests. On the other hand, it is clear that the fragmentation of chips caused by “blocking†means that when the autonomous supply chain is incomplete and inflexible, the vulnerability of a country’s industrial development is unavoidable. In this connection, this can be seen as a major risk event in China's national economic security field.
The reality reflected by ZTE's chip supply and supply incidents can partly be seen as a microcosm of China's manufacturing problems. China's manufacturing of key technologies, core components, and high-end equipment is highly dependent on the outside world, and even subject to human conditions, it exists in a considerable range. In fact, it is not only the shortcomings of core technology and equipment manufacturing that China manufactures to make up. The problem of extensive development of China's manufacturing still exists. Resource constraints and cost enhancements are currently the major bottlenecks that restrict China's manufacturing transformation and upgrading.
From the perspective of the international structure, the United States has clearly proposed the "reindustrialization" strategy and regards it as the top priority for national economic security. A group of developing countries represented by Vietnam are also actively participating in the global industrial system and diverting manufacturing from China. Capability - This trend is still deepening. How can Chinese manufacturing break out of the "two-way squeeze"?
At the same time, mobile Internet, artificial intelligence, big data and traditional industries are being deeply integrated. This means profound collisions, but it also brings new opportunities for industry. Whether or not it can win a place in the new technology revolution will have a direct bearing on the prospects of Chinese manufacturing. In fact, this is exactly the future of the manufacturing industry in China that manufactures 2025 countries that it hopes to lock in. The complexity of the reality is that China's manufacturing 2025 may also face more challenges in the ever-changing international political and economic changes and interests. It can even be said that we are racing against time.
How to win such a race? How we reflect and decide what measures we will take. We have noticed that some advocates look to the model of government-led and concentrated efforts to handle major events and look to more vigorous industrial policies and subsidies. They hope that such "combination boxing" can help the Chinese chip industry in a relatively short period of time. Within reach, even with the international giants.
This urgent mood can be understood. However, we believe that the so-called desire for speed is not reached, there is no "miracle" derived from the law of industrial development. The chip industry has ambitious development plans. In reality, it is often distorted by the quick success of local governments and capital. The number of chip companies has increased by over a thousand during the year, but the gap between us and advanced companies has not been shortened. Over the years, there have been cases where companies have resorted to publicly falsified subsidies, capital-boosting valuation bubbles and conceptual hype. Perhaps these phenomena can all be regarded as a kind of warning: We should be prepared for running a "marathon" mental and physical energy.
We are convinced that the spring of independent research and development will come, but it will depend more on us than on the outside world. The thrill of the chip industry and even the thrill of Chinese manufacturing are all inseparable from “letting the market play a decisive role in the allocation of resources and better play the role of the governmentâ€. As far as policy options are concerned, it is the key to China's manufacturing success in a new round of global competition to strengthen its dominant position in enterprises, stimulate its vitality and creativity, change government functions, create a favorable environment for enterprise development, and give full play to the role of entrepreneurs. .
We need a Chinese core more than ever, but this does not mean closing the door that is already open, even though we may still encounter a wave of anti-globalization and even some kind of deliberate suppression. Simply put, in key areas like chips, "independent development" does not exclude "open cooperation." Independent innovation is not behind closed doors, and industrial security is not equal to the industrial chain of self-supply and self-recycling. We need a Chinese core built with the spirit of open innovation and craftsmanship. It is not an imagery project that can be achieved without a surge of capital, nor a bubble that is exaggerated by capital. This is a powerful, non-aging Chinese core that will continue to iterate and upgrade in an open competitive environment.
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