What lessons can the epidemic bring?

A pandemic is like a big test. Withstood the pressure and challenges, China’s manufacturing is also rethinking.

The security of the supply chain is of Paramount importance. With the deepening of the international division of labor and the continuous expansion of the global supply chain system, whether the supply chain is in a dominant position is an important indicator to measure a country’s competitiveness.

Since the outbreak of the epidemic, many domestic clothing, electronics, and automobile companies have been able to quickly switch to masks, relying on a stable and flexible supply chain. A strong supply chain is also needed to better cope with risks and challenges and seize opportunities in the future.

“We have taken the lead in setting up a working group for the coordinated resumption of production in the industrial chain in order to ensure the stable resumption of production in the supply chain.” Vice Minister of industry and Information technology Xin Guobin said.

The reporter learned from the Ministry of Industry and Information Technology that the Ministry of Industry and Information Technology is developing corresponding policies from the perspective of improving supply chain security and industrial safety, focusing on ensuring the supply of important raw materials, parts and main equipment, promoting coordinated development, and maintaining the security and stability of the global supply chain.

Digital transformation is urgent. “The epidemic will ‘force’ some enterprises to raise their risk awareness and pay more attention to internal skills.” Yang Yuanqing, chairman and CEO of Lenovo Group, said that establishing a scientific decision-making mechanism and process, increasing the informatization and digitalization of enterprise operations, and firmly taking the intelligent manufacturing route is the only choice.

Recently, in a series of policies of the central and relevant departments and local governments to restore economic development, the term “new infrastructure construction” frequently appears. The Ministry of Industry and Information Technology issued a notice on promoting the accelerated development of 5G, speeding up the construction of 5G networks, and cultivating a new type of ecology.

A series of initiatives aimed at making efforts at the forefront of science and technology and building a strong digital foundation are aimed at providing new momentum for high-quality development through digitalization.

Manufacturing is closely related to consumption, finance and other links. To ensure the stable development of the manufacturing industry, all sectors of the economy and society should also coordinate.

At the same time of increasing the “new infrastructure”, 23 departments such as the National Development and Reform Commission recently jointly issued the “Implementation Opinions on Promoting Consumption Expansion, Improving Quality and Accelerating the Formation of a Strong Domestic Market”, in particular, proposed to build a “smart +” consumption ecosystem and promote the double upgrading of industry and consumption.

“Only by building a solid foundation, unblocking circulation and strengthening integration can Chinese-made products inject more strength.” Xin Yongfei, director of Policy and Economic Research Institute of China Academy of Information and Communications, said.