Weathering The 'winter', Preparing For The Future
Once known as the "world's factory" for producing cheap goods, China is relentlessly moving into an advanced
stage in manufacturing upgrades at a time when the real economy matters like never before.
Two years after China announced its "Made in China 2025" strategy, despite lingering pressure on overall
industries, progress on new industries, mass innovation and smart manufacturing is painting a new picture.
For many Chinese entrepreneurs,including the traditional steel wire ropes manufacturers, there have been hard
times, especially when financing became difficult and the environmental policy is enforced strictly.