Manufacturing industry refers to the era of mechanical industry on manufacturing resources (materials, energy, equipment, tools, capital, technology, information and manpower, etc.), in accordance with the market requirements, through the manufacturing process, transformed into a large-scale tools for people to use and utilize, industrial goods and consumer products of life industry.
Manufacturing includes: product manufacturing, design, procurement of raw materials, warehousing and transportation, order processing, wholesale operations, and retail sales. Assembly and installation of machinery and equipment for the sale of products in companies (establishments) primarily engaged in product manufacturing.
Expanded Information(1) China's labor costs are low, dominant and competitive in the field of labor-intensive industries and products. And the quality of China's labor force is also relatively high, for example, in Guangdong, Zhejiang area of the labor force is part of the high school students out of the countryside, the quality of these people is quite good;
(2) China's potential consumer market is large enough to accommodate these products, and to promote the formation of economies of scale of these products very quickly. Usually, a country's products should first be sold domestically, and then go to the international market after gaining some experience and reaching a certain scale of production. China's such a large domestic consumer market for the development of products, the development of the basic conditions;
(3) manufacturing base is relatively complete. Reform and opening up more than 20 years, the development of China's manufacturing industry has made remarkable achievements, as the main body of the national economy and pillar industries, manufacturing industry for the future development of China's national economy has laid a solid foundation. Into the twenty-first century, the development of China's manufacturing industry is facing profound changes in the international and domestic environment, accession to the WTO, so that China's economic system reform and opening up to the outside world into a broader and deeper stage;
(4) the manufacturing industry is more centralized, most of the distribution of the relevant resources in the more abundant areas. The country attaches great importance to the development of manufacturing-related industries, so many of China's large-scale manufacturing production resource base is relatively good, and the market-oriented role in economic regulation is also very conducive to the development of the manufacturing industry.
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