Business, Management and Accounting
5 years ago

Jiangsu's Advanced Manufacturing Industry Set to Mirror Canada's Success

DEStech Transactions on Economics Business and Management
Study on the Development Path of Advanced Manufacturing Industry in Jiangsu
XU Li-fan, HONG-BING YOU

Paper Summary

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The article compares the development of advanced manufacturing industries in Jiangsu and Canada. It finds that while the overall structure of manufacturing industries in the two regions differs, the trends in advanced manufacturing show similarities. By studying Canada's experiences, Jiangsu can learn valuable lessons for its own advanced manufacturing strategy. The paper defines advanced manufacturing, compares Canada and China's approaches, and explores ways for Jiangsu to further develop its advanced manufacturing industry.