Status of Industry 4.0 in China

Current status of China's Industry 4.0
In 2015, the State Council issued the "Made in China 2025" in which it is mentioned that China will enter the ranks of manufacturing power in 2025; by 2049, China will achieve the strategic goal of manufacturing power, and China will be the most competitive manufacturing country in the world. At present, the scale of China's manufacturing industry is very large, as early as 2010, China surpassed the United States to become the world's first, China is a "rich mine" of high-end human resources in science and technology. According to statistics, at the beginning of 2015, the total number of human resources in science and technology in China was about 81.14 million, still maintaining the status of the world's top country in science and technology human resources.
Since 2005, China's manufacturing labor costs have been rising, and the soaring production costs are eating into the competitiveness of China's manufacturing industry in the world. With the gradual loss of China's demographic dividend, rising labor wages pose greater pressure on the cost side of manufacturing enterprises. As a typical labor-intensive industry, the sharp rise in labor costs and the rapid decline of the labor force population poses a serious threat to the survival of enterprises, forcing them to reduce production costs and improve production efficiency.
Facing the cost dilemma of the manufacturing industry under the new economic normal, how to crack the transformation and upgrading problem of manufacturing small and medium-sized enterprises has become the social mission of automation and intelligent scientific research talents. Based on this social mission, Guangzhou Hengchao Automation Technology Co.