💹 🚀 🎥 China's Shift to Value-Add Manufacturing Evolution

Responding to Global and Internal Trends, China shifted from legacy manufacturing to value-added manufacturing resulting in its industries undergoing a significant transformation from traditional, labor-intensive, low-value, high-volume manufacturing to more advanced, high-value-added industries such as medical equipment, semiconductors, electric vehicles, and other high-tech sectors. This shift is part of China's broader strategy to move up the global value chain and reduce its reliance on low-cost labor and external. This video will discuss Main Reasons behind this Seismic Shift, Challenges, Opportunities and Demonstrate Case Studies.