Japanese companies "collective loss" revelation
Source:China World Trade Center science and technologyCreate time:2012/6/19
Unlike Japan, China has a huge domestic market, can stimulate domestic demand, China's manufacturing industry should be able to further further than Japan. Advanced technology products in the market capacity, economies of scale, the unique advantages of the Chinese manufacturing sector. China's manufacturing industry and domestic competition has yet to be further opening up, not only to the size of competitors alike, we must allow and encourage cross-sector competition and integration

See the recent announcement of the Annual Report of the many Japanese companies, the term "collective loss summed up was not excessive. Including consumer electronics, automotive, chemical, synthetic fibers, including large enterprises in many of Japan's traditional competitive advantage industry, have years of losses, and subsequent weakness, the outlook is bleak. Such as Sony, since the 2005 was South Korea's Samsung (microblogging) beyond the TV business has been a continuous loss of eight years, the overall business loss of four years, the loss of 2011 setting a record. Japanese companies today, in addition to the financial crisis, the earthquake and the impact of the appreciation of the yen export external factors, their own problems can not be ignored.

How could lose the traditional core competitiveness?

In the 1970s, when Japanese electronics inroads into the United States, U.S. companies barely any defense. Under the pressure of the domestic industry, the U.S. government had used anti-dumping, 301 investigation and procurement of bilateral special agreement, a variety of methods to try to "resistance", but failed to block the Japanese goods has run. Novel, compact, high-quality and low price to establish the competitive advantage of Japanese products in the international market for decades.

Until the 1990s, Japan, Europe and the United States fear of opponents of the innovation capability and manufacturing capability. Japanese manufacturing companies, however, are almost always started from the imitation of European and American products, and then the main is a continuing series of "improved innovation and emphasis on practical, integrated and cost control, more insurance, more in line with its own characteristics and innovative.

From the mid-1990s, the innovative capacity of the Japanese companies seem a bit difficult to sustain. This period, manufacturing gradually shifted to other Asian countries and regions, they have a greater advantage in terms of cost control than Japan; U.S. and European companies actively looking for new technological and industrial breakthrough point, the "reform and innovation of Japanese companies Improved innovation "to shame.

Many people compared the Sony and Samsung. Consumer electronics products, Samsung these years of development is amazing, both improvement and reform of its innovative, but the action is fast and responsive to the market. In contrast, in 1968 Sony developed the Trinitron picture tube and the development of the Walkman in 1979, after there is no outstanding innovation.

Japanese companies face today is: has manufacturing advantages in the past have become a disadvantage in the emergence of the new industries, new products, production capacity can not be effectively converted, and innovative bound by inertia, the pursuit of short-term cost control, not to focus on new profit sources. In fact, the continuous loss of Japanese companies is not surprising: this is an era of industry turnover, disruptive innovator in better stead, while the Japanese companies is clearly slower than one shot.

Position in today's power is very easy to change

In 2010, China's share of global manufacturing output rose to 19.8 percent, 19.4 percent in the United States, becoming the first. This new starting point, on May 28 this year, General Secretary Hu Jintao presided over the Political Bureau of learning speech stressed that we should strive to change from the industrial powerhouse of the industrial powers made.

As a major industrial countries, our manufacturing competitiveness is the size and cost, and 1980s, much like, if you can not assess the situation and can not correctly assess the success of capital, and even want to give up, is likely to have an adverse consequences.

The history of the world has experienced several times a technological revolution, only the leading countries in the technological revolution in order to become the industrial powerhouse. Right now, a new round of scientific and technological revolution of information technology, biological engineering, new materials, provides an opportunity to generate new industrial powers.

On April 21 this year, the British "Economist" magazine published a cover story pointed out that the third industrial revolution has come. The manufacturing industry is moving toward digital, new software, new technology, robotics, and network services in the gradual popularization of these technologies so that the lines are blurring between manufacturing and service industries. The industrial powerhouse of the future, IT should be for the full range of auxiliary and good integration of manufacturing and service industries advantages.

Technology revolution has made less developed countries have the possibility of catching up, and if they missed the opportunity, the leading countries may soon become obsolete. Japan's lessons remind us that in today's power position is very easy to change. China's manufacturing industry, must be innovation-driven restructuring and development.

Strong domestic foundations of international competition is strong support

There is also a question worth considering. Michael? Potter book in the "national competitive advantage, a country's industry continued to maintain its leading position in international competition, with its fierce domestic competition is closely related to it is this fierce domestic competition has forced enterprises to improve efficiency continuous innovation, continue to accumulate in this process since the strength of expansion to overseas markets. Strong domestic foundations of international competition is strong support.

Unlike Japan, China has a huge domestic market, can stimulate domestic demand, China's manufacturing industry should be able to further further than Japan. Advanced technology products in the market capacity, economies of scale, the unique advantages of the Chinese manufacturing sector. Domestic competition of the Chinese manufacturing industry is yet to be open not only to the size of competitors alike, we must allow and encourage cross-sector competition and integration.
 
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