What do you mean by industrial transformation and upgrading?

Industrial transformation and upgrading is defined as the upgrading of industrial structure, that is, to develop in a direction more conducive to economic and social development. There are many ways of industrial transformation and upgrading, such as technology upgrading, market upgrading and management upgrading.

Most people think that the key is technological progress. They should digest and absorb advanced technology, conduct research, improvement and innovation, and establish their own technical system. However, there is only technology upgrading, no market upgrading, and no research on the path of technology upgrading around the pain points of customer consumption. Therefore, industrial transformation and upgrading need to upgrade the market first, find "products that sell well", and then upgrade the enterprise value chain.

Industrial transformation and upgrading must rely on the guidance of government administrative regulations and the support of funds and policies, and should be combined with employee training and re-employment. 1992 After the reform and opening up, China officially implemented the structural reform of transformation and upgrading.