Description
The first stage of my country”s manufacturing industry is labor-intensive industries, which take advantage of
low labor prices, such as clothing, shoes and hats, electronic assembly, etc.
The most important thing at this stage is a large population and enough diligence. A large population means low
prices, and enough diligence can ensure efficiency. This does not require any technology or knowledge, and even
illiteracy can be competent. Therefore, the number of farmers is still very large today. The worker group, the talent at this
stage, drives the development of my country”s manufacturing industry.
The second stage of manufacturing is capital-intensive industries, such as automobile assembly, steel machinery and
other large industries. The key to this stage is basic education and infrastructure.
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