Global trade finance benchmarking

China Engine - Made in China: Challenged Independently Developed Engine The Global trade finance benchmarkingindependently developed engine is one of the most important technologies in a country's manufacturing industry. It is not only a sign of the strength of a country's manufacturing industry, It is also an important cornerstone for a country to become an industrial power. China's independent research and development of engines has experienced many setbacks and difficulties, but now, they are at a critical moment. From the "Manufacturing 2025" proposed that "cars must have their own heart", China has been on the road of independent engine research and development for more than 10 years.In the past 10 years, Chinese engine manufacturers have gone from nothing, from primary imitation to independent research and development, and have gradually explored their own path. The construction of China's independent research and development engine cannot be separated from the strong support of the government. The government has increased its support for independent research and development in terms of taxation, infrastructure construction and investment in scientific research. At the same time, some state-owned enterprises have gradually entered this field, such as China's FOTON, FAW, and SAIC and other automobile enterprises. They began to match the engines introduced by foreign countries to gradually develop independently. This process has witnessed the rebirth of China's engine manufacturing industry. At present, the engines independently developed by China have reached the level of international similar products, which lays a solid foundation for the development of China's automobile manufacturing industry.The rise of China's self-developed engines has gone through several critical stages. The first stage is the basic research stage. At this stage, according to Chinese researchers, researchers research and explore the principle of engines; the second stage is the technical breakthrough stage. During this period, Chinese engine manufacturers have developed some engine products with important technical content, thus further accumulating the experience of independent engine research and development; the third stage is the national Brands gradually replace foreign brands. At this stage, China's self-developed engines have begun to take off in local automobile manufacturers, and even begin to replace some foreign brands. At this stage, China's independent research and development of engines is gradually maturing, which plays a crucial role in the development of China's manufacturing industry. China's independent research and development of engines will still face great challenges in the next few years.The biggest challenge comes from market pressure. Domestic self-developed engine enterprises have to face strong competition from overseas engine giants. While facing the competition of foreign brands, China's self-developed engine manufacturers also need to cope with fierce competition in domestic and foreign markets. It is necessary to maintain a high level in innovation, research and development, manufacturing, management and other aspects in order to occupy a certain advantage in the future market competition. At the same time, China's independent research and development of engines still faces problems such as lack of senior talents, insufficient scientific and technological innovation ability, insufficient experience, and low brand awareness. To this end, China's government and enterprises must strengthen investment in talent training, technological innovation, industrialization and transformation, and constantly improve the overall level of China's independent research and development of engines, so as to lay a solid foundation for the development of China's manufacturing industry. In summary, China's self-developed engines have taken a step towards further development.With the strong support of the government and the market, China's independent research and development of engines continues to move forward on the road of excellence and contributes to the development of China's manufacturing industry. In the future, we expect China's independent research and development engine manufacturers to continuously pursue excellence in innovation, research and development, manufacturing and management, and promote the rapid rise of China's manufacturing industry.

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