Despite the impact of trade friction, epidemic situation and other adverse factors, China's manufacturing industry has shown strong resilience through technological innovation, online exhibition and marketing, and joint efforts in international and domestic markets. According to the United Nations forecast, the global foreign direct investment (FDI) will decrease by up to 40% in the whole year. China's FDI in the first nine months increased by 2.5% year-on-year, and mainly went to the manufacturing industry.
Industry insiders believe that in the face of fierce competition and complex international environment, increasing investment in R & D, strengthening technology research and continuous transformation and upgrading have become the inevitable choice for more and more Chinese manufacturing enterprises to maintain their competitiveness.
