Analysis
As worldwide attention shifts to the 2022 FIFA World Cup in Qatar, the world’s most famous enterprises have also entered a commercial race in which Chinese enterprises are one of the leading players.
According to Global Data, a Chinese data analysis and consultation company, Chinese enterprises have pumped around US$1.4 billion into the Qatar tournament, making them its biggest sponsors.
In fact, “Made in China” is imprinted in more parts of the World Cup in Qatar. The Lusail Stadium, which is scheduled to host the final game, was designed and built by the China Railway International Group; the athletes’ apartments are energy-efficient mobile houses built by a Chinese corporation in Guangdong province; the sewage treatment scheme was offered by a Chinese corporation in Shanghai; new energy buses introduced from a Chinese company in Henan province; the communication facilities at the stadiums and network equipment for the joint command and control center are all made in China; and 70 percent merchandise in surrounding areas of the race venues come from Yiwu in Zhejiang province. If the elements in the football field were contesting for a global manufacturing “World Cup”, then “Made in China” would surely be a favorite to win the championship.
According to a recent World Economic Forum report, of the 11 global manufacturing “lighthouse factories” that represent the highest level of smart manufacturing and digitalization, five are from China. The first Chinese-made high-speed trains appeared on the Jakarta-Bandung high-speed railway line recently. A variety of heating items from China, such as cold-proof clothing, small appliances and electric blankets, are warmly welcomed in many overseas markets. Data from the China Association of Automobile Manufacturers show that in the first three quarters of this year, China’s exports of new energy vehicles increased by more than 100 percent year-on-year. The technology of China’s wind power equipment, petascale supercomputers and other products has risen to the forefront of the world.
With the accelerating integration of digital technology and manufacturing, Chinese industries will continue to climb up the high-end value chain, making “Made in China” enter a new stage of “intelligent manufacturing”. Chinese manufacturing enterprises should strive to develop solid technical skills, increase added value, and attach importance to both local operation and the extension of the global coordination network, to expand the influence of “Made in China”.
– Courtesy of China Daily
