First is the hard side of manufacturing.
The first is naturally difficult to finance. With the large inflow of social funds into real estate and some high-return financial investment fields, private investment is weak, industrial development is slow, and banks are adjusting their credit policies because of de-capacity and de-leverage, which limits corporate cash flow. .
The second is low profit. The external cause is the increase in the comprehensive cost of energy, labor, logistics, management, etc. The internal cause is that the technological content of the product is not high, the added value is low, and the low level of repeated construction is more, which makes the profits of manufacturing enterprises lower and difficult to operate.
According to the "Made in China 2025 Blue Book (2017)" issued by the National Manufacturing Powerful Country Construction Strategy Advisory Committee, the income gap between China's industry and real estate, financial industry, etc. has increased, and some funds have been withdrawn from the physical sector. According to estimates, the current industry average profit margin is around 6%, and the banking industry operating profit margin is seven times that of the industrial sector.
Then there is the hot side of manufacturing.
The sense of innovation and enthusiasm of manufacturing enterprises has been significantly strengthened, new technologies and new models have emerged, and the innovation between industries and regions has been gradually promoted.
Li Beiguang, deputy director of the Planning Department of the Ministry of Industry and Information Technology, said that the integration of information technology into traditional manufacturing is the "golden key" for the transformation and upgrading of China's manufacturing industry. It has been widely practiced in many fields such as clothing, home appliances and equipment manufacturing, and has not only solved the excess stock. Problems such as low efficiency have also spawned new formats such as sharing economy and crowdsourcing.
In addition, “Made in China†is also attacking the frontier: Shandong Huaxing Environmental Protection Group has developed low-density and high-strength petroleum fracturing proppants to break the monopoly of foreign companies on petroleum mining materials; 5G jointly developed and deployed by China Mobile and ZTE The test base station realized a single-terminal downlink peak rate of 2 gigabits per second or more; the "Shenwei·Taihu Light" with the domestic CPU became the world's first supercomputer with a computing speed of more than one billion times per second...
Fan Shujian, deputy director of the Science and Technology Department of the Ministry of Industry and Information Technology, said that the pace of innovation in manufacturing is accelerating, and significant progress has been made in research in various fields such as transparent display technology and lithium-ion batteries, or will lead new industries.
The flow of innovation factors has gathered to break the traditional development pattern, and a number of new industrial clusters are emerging. The “Power Valley†of Zhuzhou, Hunan, the “Optical Valley†of Wuhan, and the drones of Shenzhen... actively absorb and transplant high-end production factors and advanced sharing technologies, and the inter-regional industries are more balanced, and the “new map†of manufacturing is emerging. water surface.
The data shows that in the first half of the year, the added value of China's high-tech industry and equipment manufacturing industry increased by 13.1% and 11.5% respectively, accounting for 12.2% and 32.2% respectively. The manufacturing industry is moving towards the middle and high end.
"In the medium and long term, China's manufacturing industry is on the 'eve of the outbreak'. Although the overall transition has not yet been achieved, the pressure for transformation and upgrading is still very large, but the trend is gradually clear." China Electronics and Information Industry Development Institute Equipment Industry Research Institute Mr. Zuo Shiquan said that the overall transformation of manufacturing powers such as Germany and Japan took 20 or 30 years. For the prospect of "Made in China", we must maintain rationality and optimism.
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