The meaning and relationship between traditional industry and modern industry

Traditional industries are also called sunset industries. Mainly used by western economists, it refers to the industrial sector whose status is gradually declining in the whole industry of economically developed countries. Mainly traditional basic industries, such as steel, automobile, construction, textile, rubber, shipbuilding and some related subsidiary industrial sectors.

Modern industry adopts modern production technology and equipment for industrialized production. It mainly includes mechanization, electrification, automation and chemistry of production process. Generally speaking, it refers to a new type of high-tech and high-information industrial production developed after the wide application of computers in the 2 1 century at the end of the 20th century, which is different from the concept of "emerging industries".

Relationship: Traditional industry is the foundation and premise of modern industry, and modern industry is the development and extension of traditional industry. It is the relationship between new and old, man and machine.