At the beginning of this century, Apple CEO Steve Jobs angrily criticized Federal Reserve Chairman Ben Bernanke in a San Francisco courtroom, blaming high interest rates for the decline of American manufacturing. He apparently didn't anticipate that several years later, this scene would occur in China. In November of this year, Apple CEO Tim Cook visited the Suzhou Industrial Park, expressing appreciation for a series of production facilities and research centers. Before concluding his visit to China, Cook arrived at Shanghai Pudong Airport, preparing to return home. A reporter nearby asked Cook, "What are your thoughts on China's GDP surpassing 12 trillion yuan?" Cook didn't directly answer the question, but instead said, "I have been to over 30 places in China, including Tibet, Xinjiang, and other places. Wherever we go, we can see tremendous changes in China, which are really remarkable... So I think China is a great country." Upon hearing this response, thunderous applause erupted on the scene.
In the era of globalization, the transfer and division of labor in the industrial chain have become one of the important strategies for economic development. Jobs' experience illustrates a simple yet profound fact: the complexity of the global industrial chain and the scheduling capability of China's manufacturing industry. China's manufacturing industry has not only attracted global attention with its cheap labor, but also demonstrated astonishing adaptability in times of crisis, leading the transformation of the global industrial chain. Is this true? Dear viewers! Welcome back to our channel! I am pleased to share and discuss the following topics with you again: 1. What role does China's manufacturing scheduling capability play in the global industrial chain? 2. Does the transfer of the global industrial chain mean that China's manufacturing advantage will continue? 3. In the trend of globalization, how should countries respond to the transformation of the industrial chain to maintain competitiveness?
In the global economic pattern, the United States was once the leader in the world's manufacturing industry, but with the changing times, the industrial structure of the United States has undergone profound changes. In particular, in the mid-to-low-end manufacturing industry, due to the increase in domestic labor costs and intensified global competition, American companies have gradually outsourced this part of the industry to other countries, especially in the Asian region, to reduce costs and maintain competitiveness.
In this context, if there is an urgent demand in the United States, such as the need to work overtime to complete a production task, companies face considerable challenges. High labor costs and limited labor market flexibility mean that even simple overtime work may encounter significant difficulties. In contrast, China's manufacturing industry has demonstrated strong scheduling capabilities and efficient execution. In China, when companies face urgent tasks, they can quickly mobilize resources, and employees are willing to work overtime, even giving up rest time, to ensure the timely completion of production tasks.
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