Forum shapes future of industry
Source: Shanghai Daily |
January 1, 2011, Saturday
|
Print Edition
Print Edition
THE Minhang District government recently hosted a forum to discuss shape of the future in the manufacturing sector, and the buzzwords most frequently heard were: "transformation," "industrial restructuring" and "innovation."
The forum was co-hosted by the Shanghai Science and Technology Commission, a sign that the future for the sector lies in the application of innovative new technologies.
Discussions like these are critical to Minhang, where manufacturing contributes more than one-third of district's industrial output and generates annual revenue of over 110 billion yuan (US$16.1 billion).
The 300 forum participants were told how important it is for local manufacturers to change their outlook both on management and factory fronts.
Industry needs to become more up-to-date and efficient, forum speakers said.
"In the manufacture of large equipment, Chinese companies produce 15 to 20 percent scrap, but our Japanese counterparts produce none," Lv Yachen, board chairman of the Minhang-based Shanghai Heavy Machinery Plant Co, told the forum.
He blamed the gap on poor quality management, inappropriate strategies, and inept use of information technology.
His views were echoed by Cai Weici, deputy chairman of the China Machinery Industry Federation.
Cai said managerial innovation should be encouraged to stimulate the vitalities of business.
"Technological innovation is important, but so is management innovation," he said.
"Unimaginative or even incompetent management is to blame for the low added value in China's manufacturing sector."
The importance of grasping the green trend is also critical, according to Jiang Yiren, chairman of the Shanghai Federation of Economic Organizations.
Companies need to become more acutely aware of energy efficiency and savings, and low-polluting solutions.
The forum was co-hosted by the Shanghai Science and Technology Commission, a sign that the future for the sector lies in the application of innovative new technologies.
Discussions like these are critical to Minhang, where manufacturing contributes more than one-third of district's industrial output and generates annual revenue of over 110 billion yuan (US$16.1 billion).
The 300 forum participants were told how important it is for local manufacturers to change their outlook both on management and factory fronts.
Industry needs to become more up-to-date and efficient, forum speakers said.
"In the manufacture of large equipment, Chinese companies produce 15 to 20 percent scrap, but our Japanese counterparts produce none," Lv Yachen, board chairman of the Minhang-based Shanghai Heavy Machinery Plant Co, told the forum.
He blamed the gap on poor quality management, inappropriate strategies, and inept use of information technology.
His views were echoed by Cai Weici, deputy chairman of the China Machinery Industry Federation.
Cai said managerial innovation should be encouraged to stimulate the vitalities of business.
"Technological innovation is important, but so is management innovation," he said.
"Unimaginative or even incompetent management is to blame for the low added value in China's manufacturing sector."
The importance of grasping the green trend is also critical, according to Jiang Yiren, chairman of the Shanghai Federation of Economic Organizations.
Companies need to become more acutely aware of energy efficiency and savings, and low-polluting solutions.
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