Abstract
As the most important symbol for measuring the core competitiveness of a nation’s industry, the high-end equipment manufacturing industry in China has become the country’s primary benchmark toward achieving a strong manufacturing power base. This paper presents the opportunities, challenges, and progress that the high-end equipment manufacturing industry is facing to meet the goals of “Made in China 2025.” By analyzing the main obstacles preventing the process of transforming and updating the industry, we propose a path of transformation and promotion as well as key areas regarding investment development.
