What problems will the hollowing out of industry cause?

The so-called "industrial hollowing out" refers to the large and rapid transfer of material production and capital centered on the manufacturing industry abroad, significantly reducing the status of material production in the national economy and causing a gap between domestic material production and non-material production.

The proportional relationship is seriously imbalanced.

1. The shrinkage of the manufacturing industry means the weakening of the social and economic foundation.

Without the industrial base, it is impossible to have a prosperous service society and technological progress.

If the manufacturing industry remains "hollow" for a long time, the service industry may be able to maintain its prosperity for a while, but it will eventually collapse.

2. Wealth and strength can only be maintained by organizing and controlling material production.

Transferring a large amount of manufacturing overseas is not a long-term strategy for success. It is impossible to solve the problem of domestic production efficiency, and will make the country unable to control products it cannot produce.

3. Although China's tertiary industry is accelerating its development, there is still a problem of reindustrialization.

Vast tracts of undeveloped areas are awaiting development.

Traditional industries still need a greater development, especially basic industries and basic industries.