Work

Research on Fostering and Upgrading IotF-Oriented World-Class Industrial Clusters in the Yangtze River Delta

Year: 2022

Type: conference-paper

Abstract: Industries of the Future (IotF) have become a new focus in international competition as the information technology (IT) revolution and industrial transformation accelerated the iteration, substitution and accumulation of impetus to global economic growth.Western developed countries have raced to plan their IotF, seeking to capture first-mover advantages in the new round of economic growth.China likewise remained reluctant to be outdone in the great power competition, committed to upgrading its world-class industrial clusters in the Yangtze River Delta.It intended to build a high-level industrial innovation ecosystem by facilitating cross-regional collaboration among industries on innovation and policymaking, aiming to help transform industrial clusters into innovation clusters and foster and incubate IotF.At the time when the global innovation system and industrial structure were considerably reshaped, these strategic measures proved crucial for China to build growth poles for the pioneer area of IotF in the Yangtze River Delta, shift from an industry follower to a rival and ultimately to a leader, and "overtake by changing the track" within the new window of opportunity.Meanwhile, these efforts also provide strong impetus for China's modernization initiatives and its endeavor to shift from a manufacturing giant to a world manufacturing power.

Source: Advances in Social Science, Education and Humanities Research/Advances in social science, education and humanities research

DOI: 10.2991/assehr.k.220504.467