Any technological progress and any development of large-scale production involve social division of labor. The finer the division of labor, the more collaboration and coordination are needed. Through collaboration and coordination, various fragmented divisions of labor are connected into seamless industrial chains, supply chains, and value chains. The division of labor and coordination shown in this is the service industry. The division of labor in manufacturing produces productive services, and the division of labor in life produces life services. The service industry in today's human society is divided into two types: productive services related to manufacturing and life services related to life.
We can intuitively imagine that manufacturing is the backbone of social development, so the productive service industry must account for the majority of the service industry in human society. High-quality manufacturing must be accompanied by developed productive services. If a country or a region wants to develop new quality productivity, it must first develop the productive service industry. If a society's productive service industry is underdeveloped, developing new quality productivity is counterproductive.
The technological innovation and productivity improvement brought about by scientific and technological progress have made the social division of labor more complex and diversified, greatly promoting economic development and social progress. Modern industrial civilization and modern production systems have formed the following ten categories of productive services.
First, scientific research innovation in the industrial chain. One is to invent new industrial products. Whether it is industrial equipment or durable consumer goods, it is an innovative product. Second, the development of parts and components that make up this industrial product. A complex, high-tech product has hundreds or thousands of parts when it is disassembled, and these parts and components are also inventions. Third, the development of production lines. The production line that assembles these parts together is an invention of a process flow. In short, the research and development of all links involved in the industrial chain belongs to the productive service industry.
Second, the development and design of various software in the industrial chain. Including operating systems that serve the whole society, industrial control software in the production and manufacturing links, management software in the supply chain management link, tool software in the product design and development links, tool software for data analysis and decision support, platform system software at the basic technical support layer, tool software for cross-domain collaboration, and development and application of special software for various industries.
Third, inspection and testing and market access in the industrial chain. A product involves thousands of parts and components. There may be 3,000 companies in this society that make these parts in different categories, and there are several companies that can make each part, but who should be chosen? We should choose the best quality, highest efficiency, relatively low cost, relatively loyal and sustainable companies to enter the industrial chain. At this time, the selection of supplier access, industrial chain access, market access, and the inspection and testing of the quality of various parts and components have become a very important part of the modern industrial production process. The more high-tech products and the more complex the process, the more this business will be, and the more it can represent the ability of the industrial chain to control. This kind of control is often judged by the leader of the industrial chain itself or entrusted to a third party. For example, the access to the Apple industrial chain is directly diagnosed by Apple, and the access to the Huawei industrial chain is directly led by Huawei.
Fourth, logistics and distribution on the industrial chain. Logistics includes seamless connection and efficient collaboration of railways, roads, air transport, sea transport, water transport and warehouses. The parts of the products come from all over the world, and thousands of products must be in place at the same time. If some parts are in place ahead of time, it will cause costs to be pressed; if one part cannot be in place on time, it will cause other parts to lie there and cause delays in the entire production line. In order to achieve neither delays nor pressure, the global distribution of industrial chain logistics must be accurate.
Fifth, finance on the industrial chain. How to settle funds for the sale of products on the industrial chain? The financial settlement of thousands of large and small enterprises in the industrial chain is not a one-to-one payment, but a clearing center set up by the chain-head enterprise. All enterprises directly connect the funds for purchasing goods or the funds to be collected to this clearing center, and then form a fast and efficient settlement. Industrial chain finance also includes various financial services such as financing loans, leasing mortgages, venture capital, bond issuance, listing, REITs (real estate investment trust funds) and so on for enterprises in the industrial chain.
Sixth, ecological environmental protection and green services in the industrial chain. Use scientific methods and tools to conduct a comprehensive environmental impact assessment of the production activities of enterprises, accurately identify key environmental impact factors, and propose targeted optimization measures; combine industry-leading practices and technologies to provide enterprises with customized clean production solutions, while improving production efficiency, significantly reducing environmental pollution; also include environmental compliance guidance, environmental management system construction and certification support, supply chain environmental performance evaluation, environmental monitoring and data analysis, carbon footprint assessment and emission reduction strategies and other services.
Seventh, digital empowerment in the industrial chain. Big data, cloud computing, artificial intelligence, blockchain, and the Internet empower traditional industries. By integrating advanced digital technologies, each link of the industrial chain is deeply optimized and reconstructed to maximize value and improve efficiency. Through the empowerment of the industrial Internet, the production process is highly automated and intelligent, significantly improving production efficiency and product quality. Through the empowerment of the industrial Internet, the information from market demand analysis, product design, research and development to production, logistics distribution, sales and even after-sales service is smooth and efficient, and cross-departmental and cross-regional information sharing and collaboration are achieved, shortening the new product development cycle and accelerating the launch of new products.
Eighth, trade wholesale, retail and after-sales service in the industrial chain. It can be online trade wholesale and retail, or offline traditional trade wholesale and retail. Through the digitization of the supply chain, online and offline are integrated to improve the transparency, response speed and flexibility of the supply chain. Using big data analysis technology, enterprises can more accurately predict market demand, optimize inventory management and reduce operating costs. Multi-channel distribution strategies enable enterprises to broaden sales channels through a combination of online and offline methods to meet the shopping preferences of different consumers. After-sales service is not just the three-guarantee service after product sales that we mentioned before, which is superficial. The current after-sales service is often that a piece of hardware is sold to you. After three to five years, the software inside is upgraded every six months or one year. After the upgrade, the functions are more powerful and the use is smoother. Through iterative upgrade services, customers and enterprises are linked for a long time, and at the same time, enterprises can continuously extend the service charges to customers.
Ninth, the protection and promotion of brand patents in the industrial chain. Brand patent protection includes patent search and analysis, patent application and agency, patent layout and planning, patent monitoring and early warning, patent dispute resolution and other services. Brand promotion and marketing includes brand positioning and strategic consulting, digital marketing and social media management, public relations activities and event marketing, market research and consumer behavior analysis, innovative design and visual communication, marketing effect evaluation and optimization and other services. Through these services, enterprises can effectively promote their brands and enhance their market competitiveness while protecting brand patents.
Tenth, various service outsourcing in the industrial chain. There are hundreds of enterprises in any industrial chain that need legal services, accounting services, human resources services, consulting services, technical services, various demand analysis and evaluation, supplier selection, marketing, contract negotiation, service supervision and management, performance evaluation, risk management, education and training, etc. The purpose of service outsourcing is to help enterprises reduce costs, improve efficiency and focus on their core business by utilizing external resources. With the development of technology and the advancement of globalization and digitalization, service outsourcing has become an important means for many enterprises to optimize resource allocation.
The smile curve mentioned before has research and development at one end and after-sales service at the other end, and production, distribution, circulation and consumption in the middle, which constitute the whole process of economic cycle. With the advancement of technology and the refinement of division of labor, the top ten productive service industries are now clinging to this smile curve, extending the smile curve. The research and development on the left is becoming more and more advanced and moving forward, and the after-sales service at the back is also getting longer and longer. The role of other productive service industries is also getting bigger and bigger, which further pulls up the smile curve, just like a horse's face is stretched long, and this stretched smile curve becomes a horse face curve.
The productive service industry has become the core driving force of modern economic growth by increasing industrial added value, optimizing resource allocation efficiency and promoting the diffusion of technological innovation. Its development level directly determines a country's position in the global value chain. The productive service industry is not only the foundation for the high-quality development of the manufacturing industry, but also the ecology, environment and soil for the development of new productivity. It also has its own aura and is itself a new productivity. In terms of modern economic development, the productive service industry is the growth pole of the largest sector of a country's GDP, a solid foundation for driving the development of service trade, the soul and gene of high added value of various high-end terminal products, the power source for the capital market to produce "unicorns", and the core engine for improving a country's total factor productivity.
The productive service industry is the growth pole of the largest sector of the GDP of a country, a region, or a city. The more developed a country is, the higher the proportion of the productive service industry is; the less developed a country is, the lower the proportion of the service industry is. In 2024, the added value of the service industry in my country's GDP will account for 56.7%, of which the proportion of the productive service industry will be 31.4%, which is a big gap compared with 40% in the European Union and 47.7% in the United States. This is also one of the biggest shortcomings of China's modernization. In other words, if we want to achieve China's modernization, we must accelerate the development of the productive service industry.
If my country can increase the proportion of productive services in GDP from 31.4% to 38.4%, an increase of 7 percentage points, it will be nearly 10 trillion yuan of added value in my country's 13.4 trillion yuan GDP, which will be 30 trillion yuan in sales value. 30 trillion yuan of productive services will definitely increase tens of millions of jobs, and these jobs will fill all the current excess office buildings in my country. In this sense, the key to solving the excess office buildings in the real estate industry is to develop productive services.
Here is a concept. The productive service industry determines the profit of the manufacturing industry, the added value of the industry and the content of GDP. For example, Apple produces a total of 170 million mobile phones in China a year, and one mobile phone sells for $1,000, with a total sales of $170 billion. Due to China's low comprehensive manufacturing costs, Apple mobile phones have a pre-tax gross profit of about 40% in China, which is $68 billion. Apple did not spend a penny on fixed asset investment, production line construction and hardware manufacturing, nor did it spend a penny on working capital to buy parts for assembly, but it took about $51 billion (75%) from the $68 billion gross profit. Chinese manufacturing companies are also happy to take $17 billion, because the average profit margin of the entire Chinese manufacturing industry is only 7%, and working for Apple can get 10%, so everyone is quite happy. BOE's screen was selected by Apple, and BOE's stock will also rise a little because of good benefits. Why can Apple take 75% of the profit? Because Apple manages the research and development, logistics distribution, market access, inspection and testing, green and low-carbon, digital empowerment, financial settlement, sales and after-sales service of the industrial chain, and is the overall leader of the top ten productive service industries. Whoever is responsible for managing the top ten productive service industries is the leader and soul of this industrial chain, and whoever is the value accumulator. Its patents are charged, services are charged, and various other service items are charged. In the end, the productive service industry determines the gold content of modern manufacturing. This is a very important concept.
Huawei's total revenue in 2024 is 860 billion yuan. Whether it is mobile phones, servers, routers or 5G base stations, they do not manufacture them themselves. Huawei's Dongguan Songshan Lake Base, Shanghai Qingpu Base, and a total of 200,000 employees in other parts of the world and the country are almost all workers in the productive service industry. They do not engage in manufacturing, and the specific manufacturing is outsourced to others. Among Huawei's total revenue of more than 800 billion yuan, there is a net profit of more than 80 billion yuan, which ranks among the top Chinese companies. They have to spend more than 100 billion yuan as R&D funds every year, which is equivalent to 20% of more than 800 billion yuan. Such a large proportion and large amount of R&D funds are actually invested in the development of all business of the top ten productive service industries.
Just mentioned, Apple imports productive services into my country every year and finally obtains a gross profit of 51 billion US dollars, which is equivalent to the Chinese buying its 51 billion US dollars of services. In this sense, Americans import a large number of productive services into other countries and place a large number of industrial manufacturing all over the world, and 2/3 to 3/4 of the added value of products manufactured all over the world is taken away by them. After the money is taken away, GDP is not counted in the United States, but in the producing country. For example, the $51 billion gross profit that Apple earned in China must be counted in China's GDP. In 2024, the US GDP is $29.2 trillion. Its productive services are exported to countries around the world and turned into profits. If $2 trillion is taken back, this $2 trillion is not counted in its GDP at all. In essence, the gold content of $29.2 trillion GDP is equivalent to $31 trillion.
If a place has a low proportion of productive services, even if the manufacturing scale of this place is large, it must be a second-rate or third-rate industrial system with low added value, and the products produced are not high in gold content. If the industrial scale of the region is large, the product added value is extremely high, but the level of productive services is low, then there must be a third party importing productive services into the region, thereby increasing the value of its products, and most of the profits generated are taken away by the companies importing productive services. If there is no developed productive service industry, Chinese-style modernization is just a wedding dress for others. Even if the industrial output value reaches 30% of the world, its large profits will be taken away by others. In this case, the biggest shortcoming of China's modern production system and productivity system compared with developed countries in Europe and the United States is the productive service industry, not the manufacturing industry. my country's manufacturing industry has reached the world's first scale, and its hardware manufacturing capacity is not bad, but the manufacturing industry is large but not strong. The reason is that the productive service industry such as research and development is not in place, which shows the importance of the productive service industry.
The productive service industry is a solid foundation for driving the development of service trade. A country's imports and exports include goods trade and service trade. Service trade includes international activities of life service industry and productive service industry. As long as life service industry and productive service industry cross borders, they are called service trade, and they are service industry in China. The service trade of the productive service industry is relatively high in gold content, talent-intensive, technology-intensive, and capital-intensive, while the service trade of tourism reception is labor-intensive and has a relatively low gold content.
The central government has repeatedly emphasized the need to boost service trade. In September 2020, the China International Fair for Trade in Services was held in Beijing. General Secretary Xi Jinping delivered a speech. Party and state leaders, ministers of various ministries and governors of various provinces attended the meeting. The Ministry of Commerce issued the "Overall Plan for Comprehensively Deepening the Pilot Program for Innovative Development of Service Trade", issued 122 innovative measures to promote service trade, and determined to hold a meeting of the same specifications every year in the future. This shows that the Party Central Committee and the State Council attach great importance to service trade, and also shows the importance of service trade. The basis and core of holding meetings to deploy and issue innovative measures is to boost domestic productive services.
The productive service industry is a high value-added product for various high-end terminal products.
The soul and gene of a mobile phone. Service value is embedded in equipment and terminal products, and its value proportion accounts for a high proportion. In today's world, 50% of the value of all high-end equipment and terminal products may be the value of hardware manufacturing, and the other 50% is the invisible and intangible service value. For example, if a mobile phone is sold for 7,000 yuan, more than 3,000 yuan may be the value of hardware manufacturing; and more than 3,000 yuan is the value embodied by software, operating system, chip built-in programs and various patents. When separated, these services are invisible. When combined together, the soul of the mobile phone is these services, so its gold content accounts for 40% to 60%. The specific manifestation of these services is that the top ten productive service industries are embedded in products, and their value is put into manufactured products. The proportion of service value in high-end manufactured products of a society or a country is very telling. If this proportion reaches 40% to 50% or even higher, it is of course high-end.
The productive service industry is the driving force for the birth of unicorn companies in the capital market. The capital market is a service industry market and a financial market, among which the market value of American unicorn companies accounts for 30% of the total market value of the capital market. The total capital market in the United States is more than 40 trillion US dollars, 30% is 12 trillion US dollars, which is about 90 trillion yuan in RMB. At present, the total market value of the domestic stock market is more than 80 trillion yuan. If the science and technology innovation sector is regarded as a "unicorn", its market value in the stock market is less than 10 trillion yuan. The proportion of unicorn companies representing new quality productivity in my country is not high.
The productive service industry is the core engine for improving total factor productivity. The era symbol of new quality productivity is total factor productivity. Total factor productivity reaches more than 50% of the GDP growth momentum, which is a social sign and macroeconomic indicator of good development of new quality productivity. The development of the productive service industry is closely related to the improvement of total factor productivity. The productive service industry, especially digital intelligence technology and financial services, can optimize the resource allocation of enterprises and industries. By providing a more efficient platform for the flow of funds and information, these services can help enterprises make better decisions and arrange production and reduce resource waste.
The productive service industry provides technical support for various industries, especially in the fields of data processing, artificial intelligence, automation, cloud computing, etc. Through the application of these technologies, enterprises can improve production efficiency, reduce costs, and achieve higher output in a shorter time. The diversity of the producer service industry enables different enterprises to focus on their core competitiveness through outsourcing and cooperation, thereby promoting integration and collaboration between industries. This collaboration not only reduces production costs, but also improves the overall efficiency of enterprises. In particular, the development and improvement of the financial services industry can provide enterprises with more financing channels, enabling them to effectively use capital for technological transformation and production expansion. This helps to improve the productivity of capital and thus improve total factor productivity. In addition, the development of the producer service industry helps to promote market competition. More efficient services can lower market entry barriers and promote the emergence of more innovative enterprises, thereby promoting the overall productivity of the economy. In short, the producer service industry is not only an important part of economic development, but also directly or indirectly promotes the improvement of total factor productivity through various channels such as technological innovation and resource allocation optimization.
With the continuous advancement of technology, the division of labor has been continuously refined, and the format of the producer service industry has also changed. Its industrial organization and enterprise operation mode show five different ways.
The first is thousands of specialized and innovative producer service industry enterprises. These enterprises are distributed in various cities and provide different services to all walks of life in the whole society.
The second type is large enterprise groups that focus on productive services on one hand and manufacturing on the other. They focus on both, engaging in productive services such as research and development, logistics distribution, and after-sales services, and are also large-scale manufacturing enterprises, such as PetroChina, Sinopec, Gree, Haier, etc.
The third type is Fortune Global 500 companies that focus on a certain productive service industry. For example, Schneider Electric in France provides green, low-carbon, and digital transformation services to the whole society. There is also Prologis in Singapore, which provides smart logistics services to the world.
The fourth type is chain-head companies that specialize in productive services. They focus on some world-class industrial products with advanced industrial technology and huge market demand, such as mobile phones, computers and other products. In the industrial chain cluster, they only do productive services related to these products, and all manufacturing is outsourced to leading OEM companies. For example, Apple, HP, Microsoft, and Huawei, the top ten productive service industries in the industrial chain are all managed by themselves, just as chain heads, and manufacturing is outsourced to OEM companies such as Foxconn, Quanta Computer, BYD Electronics, and Luxshare Precision.
The fifth type is industrial Internet companies. With the continuous advancement of digital network technology and artificial intelligence technology, the most efficient industrial organization mode in the world today, which is based on sales, fast vs. slow, and new vs. old, is industrial Internet + industrial chain cluster, which will be another iconic advancement of new quality productivity.
Since industrial Internet is a new thing that has become popular in recent years, I would like to emphasize here that industrial Internet is the real blue ocean. After 30 years of development, my country's Internet has achieved a leap from nothing to strong, and consumer Internet has bred a series of new applications, new models, and new formats, which has changed China and the world. Now that the Internet has entered the second half, the growth dividend of consumer Internet is gradually fading, and the ceiling of development is approaching. If we want to continue to be at the forefront of the world, we need to focus more on industrial Internet, open up new space for empowering industries, and stimulate more new quality productivity.
Three models of industrial Internet
Unlike consumer Internet, under industrial Internet, the structure and model of each industry are different. It is not a "one-size-fits-all" approach, but a "small pot dish" for different industry ecosystems, which needs to be promoted one industry at a time. The industrial Internet of the automotive industry chain is not applicable to the power industry chain, and the industrial Internet of the chemical industry chain cannot be directly transferred and copied to the financial industry.
Industrial Internet has the following three types.
The first is the industrial Internet platform of large enterprise groups. It is promoted by the digital intelligent department within an enterprise or a group to realize the digitization of the entire chain of market information collection, design and development, production and manufacturing, procurement and sales, logistics and transportation of the entire enterprise, and turn its upstream, midstream and downstream industrial chains into an industrial Internet. For example, Qingdao Haier Company's KAOS platform.
The second is an industry-wide industrial Internet platform. Relying on the Internet platform and various terminals, hundreds of enterprises in the industry that provide productive services such as R&D design/financial insurance/logistics and transportation, thousands of manufacturing enterprises, and tens of thousands of raw material/parts suppliers are fully connected through digital systems and network systems, and their tentacles are extended to consumers all over the world, realizing small-batch customization, large-scale production, full industrial chain connection, and global distribution according to consumer preferences. For example, Xiyin Company in Panyu, Guangzhou.
The third is the regional industrial Internet platform. A third-party digital network platform connects the industrial chain clusters of a city, a county, and a township through the Internet. Each industry in the industrial chain cluster has information feedback, design and development, logistics distribution, upstream, midstream and downstream supporting production and manufacturing, procurement and sales, after-sales service and other links. Then these links are fully digitally expressed, and these links are strung together through the voice of all things, the connection of all things, human-computer interaction, and smart networking. In this way, the Internet and each industrial chain cluster have achieved complete digital integration to form an industrial Internet platform. For example, Alibaba's 1688 platform and Pinduoduo's cross-border e-commerce platform Temu.
First, the industrial Internet has an output value superposition effect.
The industrial Internet is essentially different from the consumer Internet. The consumer Internet sells 100 billion yuan of products, which is a sales value of 100 billion yuan. If the industrial Internet sells 100 billion yuan worth of clothing, then this 100 billion yuan worth of clothing is produced by the manufacturing companies in this network platform, which is equivalent to the manufacturing companies associated with the network creating 100 billion yuan in industrial production value, and the network also sells 100 billion yuan in sales value. The superposition of the two 100 billion yuan output values is 200 billion yuan; at the same time, the parts and raw material companies supporting the manufacturing industry in the network platform may account for 60% of the production cost, which is another 60 billion yuan. In addition, the output value of research and development, logistics distribution, and other services on the platform is superimposed, which is another 100 billion yuan, so it constitutes the superposition of three 100 billion yuan, generating a total output value of more than 300 billion yuan. In the actual operation process, including brands and market channels are connected to this industrial Internet. The industrial Internet has become an important brand that can conquer the world, and thousands or tens of thousands of companies are operating under the "big tree" of this brand.
Second, the industrial Internet will promote the transformation and upgrading of traditional industries and revitalize them.
As an industrial Internet platform, Xiyin Company has retained thousands of labor-intensive clothing manufacturing companies in the Pearl River Delta that were originally going to move to Southeast Asia or close down. At the same time, it has driven the survival and development of tens of thousands of small and medium-sized enterprises, including raw material companies, auxiliary material companies, logistics companies, and design companies that provide supporting services for clothing manufacturing companies, and has also driven the employment of 1 million people. As the industrial Internet platform has digitally empowered tens of thousands of small and medium-sized enterprises in the industrial chain, it has realized the whole network of market demand, R&D design, production and manufacturing, logistics distribution, and market sales. Xiyin Company has hundreds of sales points in more than 150 countries and regions around the world. They handed over the offline B2B (business to business), B2C (business to consumer) and global online B2B and B2C sales, as well as the synchronous market demand and market situation analysis, to dozens of online design units at the first time. The design units immediately designed 20 samples, and the manufacturing companies made 1,000 pieces of each sample and quickly pushed them to the market for sale. If 5 samples of a product are sold out, feedback will be given immediately, and the manufacturing company will quickly organize production and produce tens of thousands of best-selling products to the market, realizing production based on sales, fast against slow, and new against old. Once this advantage of rapid response is established, it will take the lead in market competition. This leading advantage has not only driven the synchronous development of tens of thousands of small and medium-sized enterprises, but also won the favor and recognition of consumers and the capital market. Xiyin Company has not yet gone public, but its valuation has exceeded US$100 billion, making it a veritable unicorn company.
Third, the industrial Internet will inevitably promote the accelerated development of a region's productive service industry.
The reason why an industrial Internet can connect tens of thousands of enterprises is not through equity investment in tens of thousands of enterprises, not through financial subsidies, not through channel monopoly, and not through kinship, but through the all-round development and improvement of the productive service industry. A successful industry-wide industrial Internet will often have a large scale of production and sales, which will drive the development of manufacturing enterprises in a region, form an industrial chain cluster, and make this region a production and manufacturing center for a certain industry; because of the large sales value, this region will also become a trade center; because production and sales require logistics distribution, and because of the huge volume, this region will also become a logistics center. The industrial Internet not only drives the manufacturing industry, trade wholesale and retail, and logistics and transportation in this region, but also drives product R&D design and brand development, becoming a R&D and brand design center for a certain industry. Various productive service industries around these centers will also be launched together, generating a large number of accounting services, lawyer services, human resources services, green and low-carbon services, brand patent protection and promotion services, as well as various financial business services, various consulting services, and service outsourcing services, etc. These productive service industry enterprises will also be integrated with manufacturing enterprises on the industrial Internet platform, entangled and relying on each other, forming an industrial Internet ecology and an ecology of developing new quality productivity.
Fourth, the industrial Internet will realize the full implementation of financial technology.
Financial technology aims to solve the problem of financing difficulties and high financing costs for small and medium-sized enterprises. Industrial Internet enables tens of thousands of enterprises to form a production system online, with each link interconnected, and the needs, production and orders of each enterprise are clear at a glance. Once commercial banks are connected to the industrial Internet, they will have all the data on due diligence of each enterprise, and can make a three-dimensional portrait of each enterprise, and immediately judge the credit, leverage and risk level. Just like the lead bank, they can quickly provide loans and financing for enterprises in the industrial Internet, thereby effectively solving the problem of financing difficulties and high financing costs for small and medium-sized enterprises. At the same time, the industrial Internet will also divert various output values and taxes generated on the Internet to the company's registered place, so that the local area will form a regional financial center, which will not only increase the GDP of this region, but also the gold content of GDP will be particularly high.
The method of attracting investment in various places and then grabbing the cake with various preferential policies is no longer sustainable. Any place that can cultivate several industry-specific industrial Internets, or introduce several industry-specific industrial Internets to settle in the local area, can pull manufacturing centers, logistics centers, trade centers, financial centers, and productive service industry centers to the local area. When others have no feeling, you have already taken the lead. In today's world, those who compete for the Central Plains and those who get the industrial Internet will win the world.
This is a new industrial model that combines industrial Internet with mid- and downstream industrial chain clusters, horizontal division of labor and vertical integration. It is a new business model for the future development of new quality productivity, and will also be the key to competition among various regions and enterprises.
