A few days ago, Zhejiang Province issued the "Guiding Opinions on Accelerating the Promotion of Economic Development in Zhejiang Province", proposing to vigorously promote the sharing of production areas and encouraging large-scale Internet companies to build a networked collaborative manufacturing public service platform. With the development of mass consumption and services in full swing, the sharing economy is about to open its second half of the journey—turning to production and accelerating its penetration into high-end manufacturing.


[Tongkou] Share economy will rise in production


In fact, many localities and companies have also tested water in the sharing of manufacturing and manufacturing fields and started some practical explorations.


In Northeast China, in order to revitalize existing resources and realize maximum value, Liaoning Machine Tool Company explored a new model of “shared machine tools”. Machine tool companies abandoned the original “hardware” thinking model and opened industrial tools to the market. Taking the sharing of machine tools as a starting point, traditional heavy industries have found an effective route to link up new economies and have increased the vitality and strength of the manufacturing industry.


In the PRD, some small and micro enterprises started to “share” advanced machine tools and excellent technical consultants. In Mould Lao's public space on Yan Luo Street in Bao’an District, more than 10 small and micro enterprises in manufacturing have a common factory. Plants, equipment, raw materials, workers, finances, orders, etc. can all be shared.


Not only that, but with the ramping up of new production models such as “sharing capacity” and “sharing factories”, some e-commerce giants have also expanded online to offline retail entities, realizing a high degree of integration between the Internet and traditional manufacturing industries.


[Good] Capital may accelerate inflow under the tuyere


According to industry insiders, the huge market potential combined with favorable policies, the sharing of the economy in the manufacturing sector or usher in explosive growth, and capital inflows are expected to accelerate.


On the one hand, there is great potential for the sharing of economic markets, and the manufacturing sector in particular cannot be overlooked. According to the China Sharing Economic Development Report 2017 released by the Center for Sharing Economic Research of the State Information Center, China’s share of economic market transactions in 2016 was approximately 3.45 trillion yuan, a year-on-year increase of 103%. The report predicts that the sharing economy will continue to maintain an average annual growth rate of about 40% in the next few years. By 2020, the share of economic transactions will account for more than 10% of GDP, and by 2025 it will climb to about 20%.


According to An Xiaopeng, deputy director of the Information and Software Services Division of the Ministry of Industry and Information Technology, manufacturing will be the main battleground for sharing the economy. “Although many small and medium-sized enterprises currently have the idea of ​​intelligent transformation, they often stagnate because of restrictions on capital, technology, and talent. If they can cultivate a group of demonstration-type enterprises, they can provide intelligence through the sharing of production materials and production capabilities. Manufacturing related plant equipment, solutions, technical personnel and other services can solve the problems of many SMEs in the development process."


On the other hand, policy favors continue to add even more to the development of the manufacturing sector in sharing the economy. In addition to the policy support at the central level, the above-mentioned “Opinions” issued by Zhejiang Province are clear. In terms of investment and financing systems, investment institutions such as angels, venture capital, and private equity funds are supported to increase investment in sharing economic projects.


[Value] Promote the transformation and upgrading of the manufacturing industry and structural adjustment


Zhao Jianbo, an associate researcher at the Institute of Industrial Economics of the Chinese Academy of Social Sciences, said that sharing the trend of economic penetration into the production sector is in line with the guiding objectives of the current policy. Regardless of “Internet Plus” or smart manufacturing, the direction of policy guidance is to hope that a new generation of network technology will not only play a greater role in the consumer market, but also in the production sector, thus stimulating transformation and upgrading of China’s manufacturing industry.


However, according to Liu Dacheng, deputy dean of the Internet Industry Research Institute of Tsinghua University, the manufacturing sharing economy must meet the essential characteristics of sharing: First, the frequency of use is high; second, the marginal cost is low; and third, the marginal benefit is higher. In addition, it is necessary to form the logistics system of the entire industrial chain or supply chain with the nodes of the manufacturing industry, and be optimized in this system so that users can enjoy using the shared platform.

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