The important foundation of the real economy is the manufacturing industry, which is the main body of the real economy and the national economy and the foundation of building a strong country. To vigorously develop the real economy, we must first establish a strong industrial system and the competitive advantage of manufacturing industry.
The scale and level of manufacturing industry is the most important symbol to measure a country's comprehensive national strength. At present, the major developed countries in the world are also the first countries to realize industrialization. The common feature of * * * is that they all have world-class manufacturing enterprises.
Although in the era of globalization, they transferred some labor-intensive industries to developing countries, they monopolized almost all high-tech manufacturing industries and owned most multinational companies.
Without strong industry, there will be no sustained economic prosperity. The application of innovative technology in manufacturing industry to produce new products and improve the production of existing products can continuously maintain the national economic competitiveness.
Advanced manufacturing industry can provide better salary for the whole labor market, create high-quality and high-income employment opportunities, cultivate more middle-income groups and lay the foundation for the prosperity of service industry. Advanced manufacturing industry is also the guarantee for western countries to maintain their absolute military superiority. By combining the invention of new technology with strong manufacturing capability, we can ensure the leading position of military industry and realize national security.
In order to realize the goal of a modern and powerful country, China must vigorously develop its manufacturing industry and promote new industrialization. A study by the World Bank shows that dozens of countries have entered the stage of industrialization after World War II, but most of them are still in the middle-income stage and it is difficult to continue to develop. Only Japan and South Korea have become developed countries through manufacturing. They call this phenomenon the "middle income trap".
In those countries caught in the "middle income trap", after the per capita GDP reaches 1 000 USD, due to the increase of labor cost and land price, the business cost of enterprises rises, the profitability of labor-intensive traditional industries declines, and the global competitiveness dominated by cost advantage weakens, leading to the transfer of industries to lower-cost areas.