China holds majority of world's 'lighthouse factories'
China has the highest number of "lighthouse factories"- manufacturers that show leadership in using Fourth Industrial Revolution technologies, the Securities Times reported on Thursday.
Twelve Chinese companies have been included in the 11th batch of "lighthouse factories" list released by the World Economic Forum, making the total of Chinese factories on the list reach 62.
Global Lighthouse Network is a community of manufacturers showing leadership in using Fourth Industrial Revolution technologies to transform factories, value chains and business models for compelling financial and operational returns, according to World Economic Forum.
It is a World Economic Forum initiative in collaboration with McKinsey which examines the future of operations and considers how Fourth Industrial Revolution technologies are shaping production.
The number of China's "lighthouse factories" grew explosively with diversified highlights. As of December 2023, the world has a total of 153 "lighthouse factories" - 40.52 percent of which are located in China.
From the perspective of industry distribution, China's "lighthouse factories" are mostly concentrated in large consumer areas, including household appliances, automobiles and other industries, with a total of more than 20 lighthouse factories, accounting for nearly one-third of the total.
In recent years, China has made continuous breakthroughs in the field of advanced technologies such as artificial intelligence, big data and 5G, and manufacturing companies are at the forefront of digital, intelligent and green transformation, promoting China to gradually move from the world's first manufacturing country to a manufacturing power.
China's remarkable achievements in the development of "lighthouse factories" reflect the country's strong strength and competitiveness in the field of manufacturing, the report said.
Related articles
A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it
CLAIM: The International Criminal Court issued an arrest warrant for Israeli Prime Minister Benjamin2024-05-21Cai still reaching for the sky
China's Cai Xuetong competes in the snowboard women's halfpipe competition during the Beijing 2022 W2024-05-21Highlights of women's 81kg event at 2022 World Weightlifting Championships
Wang Zhouyu of China competes during the women's 81kg clean and jerk event at the 2022 World Weightl2024-05-21Team China makes flying start at Sudirman Cup
Chinese men's doubles pair Liu Yuchen and Ou Xuanyi. [Photo/the organizing committee of 2023 BWF Sud2024-05-21Ricky Stenhouse punching Kyle Busch could lead to suspension
NORTH WILKESBORO, N.C. (AP) — Ricky Stenhouse Jr. threw a right hook at Kyle Busch, and suddenly, an2024-05-21Counting down to Chengdu Universiade: venues with Sichuan flavor
The emblem of Chengdu 2021 (horizontal version).CHENGDU, China, April 18 (Xinhua) -- The 31st FISU W2024-05-21
atest comment