Manufacturing Telecoms & Computing

Overview of Intelligent Manufacturing Industry in China

Driven by a series of favorable policies such as the ‘‘Intelligent Manufacturing Development Plan (2016–2020)’’ (《智能制造发展规划(2016–2020年)》) and ‘‘Made in China 2025’’ (《中国制造2025》), the revenue of the intelligent manufacturing industry in China is well positioned to accelerate its growth in the future. The revenue of the intelligent manufacturing industry rose from CNY 838.4 billion in 2012 to CNY 1,450.0 billion in 2016, representing a CAGR of 14.7%, and is expected to grow to CNY 3,668.4 billion in 2021 at a CAGR of 20.4% from 2016 to 2021. According to the ‘‘Intelligent…

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