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JOURNAL OF APPLIED BUSINESS AND ECONOMICS
The Transformation and Upgrading of the Chinese Manufacturing
Industry: Based on “German Industry 4.0”
Author(s): Xianhui Zhang,William A. Peek, Bohdan Pikas, Tenpao Lee
Citation: Zhang Xianhui, Peek Willaim A., Pikas Bohdan, Lee Tenpao, (2016)"The Transformation and Upgrading of the Chinese Manufacturing Industry: Based on “German Industry 4.0”," Journal of Applied Business and Economics, Vol. 18, Iss. 5, pp. 97-105
Article Type: Research paper
Publisher: North American Business Press
Abstract:
German “industry 4.0” strategy provides a reference and inspiration for the development of China’s manufacturing industry. This article analyzes the main problems existing in the development of the Chinese manufacturing industry and the enlightenment of German “industry 4.0” to the Chinese manufacturing industry. The Chinese manufacturing industry can learn from the German “industry 4.0” strategy from the adjustment of the industry structure to the cultivating of strategic emerging industries, from the integration of industrial technology and information technology to industrial technology innovation. “Industry 4.0” will take these policies and measures and enable China to make the necessary transformation and upgrading of its manufacturing industry.
