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On the 21st of the local time in Switzerland, during the World Economic Forum, Xu Jinghong, chairman of Tsinghua Holdings, made the above statement when talking about Chinese Industry 4.0 during an interview with Tencent.
Xu Jinghong thinks that the era of Industry 4.0 needs to explore how to integrate modern Internet technologies with traditional manufacturing technologies to form a new development model. China has already had very good performance in the Internet field, but there is still a certain gap between Western countries and advanced manufacturing.
He pointed out that shortening the gap between China and Western countries in the advanced manufacturing field requires the efforts of all parties in the future, and the eye-catching performance of Chinese capital in overseas markets is one of the favorable factors.
In fact, there is a new spark between Chinese capital and foreign technology companies. Taking Tsinghua Holdings as an example, in May 2015, Ziguang Holdings Co., Ltd., a subsidiary of Tsinghua Holdings under the Ziguang Group, acquired a 51% stake in Hewlett-Packard’s “Xinhua Third†company at a price of not less than US$2.5 billion, becoming the company’s The controlling shareholder, this move created a new model of cooperation between domestic and foreign IT vendors. In addition, Tsinghua Holdings also established a deep cooperative relationship with Telefonica and shared its incubators established in 13 countries including Europe and South America. Xu Jinghong also revealed that during the current Davos meeting with South Korea's SK chairman, the two sides discussed the possibility of promoting cooperation in the field of communications and new energy.
“With the implementation of the One Belt One Road Strategy and the promotion of the China Manufacturing 2025 Strategy, I think we will have a faster pace in the next few years (to shorten the manufacturing gap between China and the West),†concluded Xu Jinghong.
China's "Internet +" Manufacturing Industry Has Advantages
“Whether it is the steam era or the electric age, China lost its opportunity in the early industrial revolution. However, in the era of information industry, because of the huge market, some companies in the field of Internet applications have already walked in. In front of it, China still has a considerable gap in advanced manufacturing and original technology."