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November 2, 2016

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Collaboration in tech likely to increase

COLLABORATION between Chinese and foreign industrial companies is set to increase as governments around the world realize the importance of a nationally devised strategy to bolster industrial upgrading.

Implementing the “Made in China 2025” strategy requires China to inject advanced technologies in the domestic industries during a “key period” of its development, Miao Wei, director of the Ministry of Industry and Information Technology, said at the China International Industry Fair yesterday.

The fair involving exhibitors from 28 countries and regions “is to encourage cross-national collaboration on industry upgrading,” Miao said.

The “Made in China 2025” is one of the strategies on industry upgrading which is also needed by most advanced countries, such as Germany’s “Industry 4.0” and the US government’s “Industrial Internet,” said Wang Peng, secretary of the China-Germany smart manufacturing alliance.

“Countries around the world are seeking ‘smarter’ ways for their industrial development, and China would benefit from the cooperation as China is still relatively less competitive in quality and experience,” Wang said.

Chinese companies are also welcoming foreign counterparts to help find better industrial solutions. JIER Machine Tool Group Co, one of China’s largest punching machine tool producer, is working with Germany-based industrial company Bosch.

Russia, the honor country of this year’s fair, signed strategic collaboration contracts yesterday with Chinese companies in car manufacturing, shipping and metal production.

Since 2010, China has been Russia’s largest trade partner, said Andrey Boginsky, Russian deputy minister for industry and trade.

The five-day fair, which ends on Saturday at the National Exhibition and Convention Center in Shanghai, is displaying products from more than 2,000 manufacturers.


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