Industry 4.0 and Internet Plus on MNCs in China

Taylor Lam, Deloitte.JPG
Taylor Lam, Deloitte
Wang Jing, Intel, GA Head.JPG
Wang Jing, Intel, GA Head
Wei Ding, ICT Chair. Oracle.JPG
Wei Ding, ICT Chair. Oracle
Xiaoyue Cheng, Operations Director, YiDa New Software Park.JPG
Xiaoyue Cheng, Operations Director, YiDa New Software Park

On March 5, 2015, Premier Li Keqiang announced the "Made in China 2025”concept, emphasizing the integration of manufacturing and Internet Plus. It is estimated that the speed of China's industrial internet development will boost GDP growth by at least 3 trillion USD over the next 20 years. The first draft of the Chinese Manufacturing Industry Development Outline (2015-2025) touches on various industries: information technology, bio pharmaceutical and bio manufacturing, high-end equipment manufacturing and energy.

On Nov. 11, AmCham’s Information & Communication Technology (ICT) Forum and the Yida New Software Park jointly held a panel discussion with a think tank involved in policy making (CCID Group) and leading industry experts (Oracle, Intel, Deloitte, and Yida New Software Park) covering business opportunities and strategies in relation to the trend of China’s Industry 4.0 and Internet Plus. Speakers debriefed the audience on China's "Industry 4.0” and “Internet Plus” guide, and discussed its impact on foreign MNCs as well as possible future trends.