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What is the transformation and upgrading of manufacturing industry

Adjustment of industrial structure and strategic transformation of manufacturing industry. The transformation and upgrading of manufacturing industry has shifted from producing labor-intensive low value-added products to producing capital-intensive or technology-intensive high value-added products, that is, the adjustment of industrial structure and strategic transformation of manufacturing industry. The focus of the transformation and upgrading of China's manufacturing industry lies in the heavy chemical industry, and the hot spot lies in improving the factor efficiency within the industry.