The Experience and Enlightenment of American High-End Equipment Manufacturing Industry to China

Abstract

To get rid of the financial crisis happened in 2008, the United States, as the representative of developed countries, made an achievement of the transformation from the “de-industrialization” to “re-industrialization”. The US government took some effective measures through the combination of government, R & D and production, such as focusing on high-end equipment manufacturing industry, increasing R & D investment, encouraging innovation actively, building competitive markets, paying attention to the multinational industrial reflux and vigorously supporting the SME, to develop high-end equipment manufacturing industry. Learning from the experience of the United States, China should take some effective measures. Firstly, our country should increase the investment in scientific research, in particular by increasing funding for basic research, and then by improving innovation capabilities. Secondly, our country should vigorously support the SME and improve the employment situation. Finally, our country needs to further maintain and improve the socialist market economic system.

 

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Y. Chi and J. Zhang, "The Experience and Enlightenment of American High-End Equipment Manufacturing Industry to China," American Journal of Industrial and Business Management, Vol. 3 No. 8, 2013, pp. 681-686. doi: 10.4236/ajibm.2013.38077.

Conflicts of Interest

The authors declare no conflicts of interest.

References

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