The Development and Prospects of China's Service-Oriented Manufacturing

Xioajing Yu ()
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Xioajing Yu: Institute of Applied Economics, Shanghai Academy of Social Sciences, https://english.sass.org.cn

No 19-25, Industrial Economic Review from Korea Institute for Industrial Economics and Trade

Abstract: Service-oriented manufacturing is considered a “new industrial form of integration of manufacturing and service, and a new advanced manufacturing mode. It aims to realize the value-added of all stakeholders in the manufacturing value chain. It implements the integration of decentralized manufacturing resources and the extra coordination of their core competitiveness through the integration of products and services, the full participation of customers, and the mutual provision of productive services and service production by enterprises, to achieve a manufacturing mode of high efficiency and innovation” (Sun, 2007). This paper focuses on the development and prospect of China’s service-oriented manufacturing. Part 2 describes the evolution of it in China. Part 3 focuses on its development and present status. Part 4 analyzes barriers and problems. Part 5 consists of policy suggestions.

Keywords: manufacturing; China; service industry; convergence; manufacturing-service integration (search for similar items in EconPapers)
JEL-codes: O11 O32 O53 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2019-12-01
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