It is increasingly difficult to avoid issues like the downward pressures continuously felt by the Chinese economy, the continuous decline of the industrial investment, the high cost of business, and the issue of the survival prospects. Anbound Think Tank research team believes that currently Chinese enterprises are facing the issue of high costs, a large part of which is unreasonable fees, as well as institutional costs and monopoly costs. Through reform, this part of the cost can be reduced. As for labor costs, it is a problem that cannot be solved. Overall, the manufacturing industry still needs to transform to capital-intensive manufacturing with extensive use of automation, which in relatively developed areas will show better obvious performance. Therefore, the automation will be the real future industry, and an important equipment manufacturing industry.
