TITLE:
“Made in China”: Building Chinese Smart Manufacturing Image
AUTHORS:
Yang Wu, Yichun Duan
KEYWORDS:
Made in China, Industry 4.0, Chinese Smart Manufacturing, Late Development Advantage
JOURNAL NAME:
Journal of Service Science and Management,
Vol.11 No.6,
December
5,
2018
ABSTRACT: This paper sets out to analyze how China makes best of its late development advantage (LDA) to change global image of “Made in China” to “Chinese Smart Manufacturing” by demonstrating recent technologies and advances in China. In literature review, the author compares Recommendations for Implementing the Strategic Initiative Industrie 4.0 [1] (hereinafter referred as Industry 4.0) with Made in China 2025 [2] in priority development domains and paths of actualization. To examine how the term “Made in China” has changed in both its connotation and value worldwide, the author analyzes China’s Late Development Advantage (LDA) by seeking evidences in contemporary economic and technological advances in Section three. Chinese government makes the best of LDA to develop its economy and implement policies such as Supply-side Reform and Belt and Road Initiative, which eventually changes the connotation and image of “Made in China”. China is guiding the world to value more for “Made in China” products, services and technologies.