TITLE:
The Experience and Enlightenment of American High-End Equipment Manufacturing Industry to China
AUTHORS:
Ying Chi, Jianming Zhang
KEYWORDS:
High-End Equipment Manufacturing Industry; Government; R & D; Product; Market
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.3 No.8,
December
12,
2013
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.