There is still a gap between Chinese equipment manufacturing industry and Japan

A few days ago, Liu Gong, chairman of the board of directors Liu Guang, said in an exclusive interview with People's Network “Financial 1+1” that from the current point of view, China’s equipment manufacturing industry lacks support for core components and there is still a certain distance compared with world-class companies. “The process of Chinese equipment manufacturing companies going out is full of challenges, but I have full confidence in its future.”

Zeng Guangan said that currently China's equipment manufacturing industry is complete. China's equipment manufacturing industry has fully realized its own deficiencies, so it has rapidly changed from the introduction of technology and imitation and innovation models to independent innovation. He said: “Some competitive open-end equipment manufacturing enterprises have not been well protected by the state during the initial period of reform and opening up, so they have to compete with private enterprises and foreign-funded enterprises. As a result, its independent innovation capability has been greatly improved. Chinese equipment manufacturing companies are also constantly transforming themselves in the international competition and upgrading their own operating systems."

Zeng Guangan believes that at present China's equipment manufacturing industry also has some shortcomings, such as the lack of support for some core components, and respecting high-quality and high-quality engines, hydraulic systems, sensing systems, and electromechanical control systems, and other world-class companies such as Europe and the United States. There is still a certain distance between Japan and Japan. There is still a certain gap between the level of refinement and the degree of attention to detail.

"Overall, the process of going global for China's equipment manufacturing industry is full of challenges, but I am full of confidence in the future of China's equipment manufacturing industry. From the Party Central Committee to the State Council, we encourage China's equipment manufacturing industry to go global and release the current existence. Some of the capacity issues, I think, compete with the best global companies on the same platform and compete with each other to become companies and brands that are respected by customers around the world. This is the mission and responsibility,” said Zeng Guang'an.

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