The weakness of China’s manufacturing industry this year has been the concern of world and of China’s different communities. What will be in store for China’s industry, especially the development of the manufacturing industry? After conducting researches on this issue, Anbound’s chief researcher Chen Gong pointed out that China’s manufacturing industry in a huge transitional process; one third of the manufacturing industry has successfully transformed, one third is working on achieving transformation and another one third has yet to achieve it. Cost factor and technical vision are the two main factors to promote the transformation of the manufacturing industry; in the future the government and its policies should stabilize the part of manufacturing industry that has already transformed, promote the part that are still struggling to transform and effectively manage the rest of the industry that has yet to transform.
