Lighthouse factories push Made-in-China into new development stage

TheStar Thu, May 11, 2023 12:00am - 1 year View Original


China now dominates on the Global Lighthouse Network list, a project launched in 2018 by the World Economic Forum in collaboration with consultancy McKinsey& Company. — China Daily

BEIJING: Made-in-China is now entering a new stage of development, as the country beefs up its push to pursue industrial upgrades and intelligent manufacturing.

China now dominates on the Global Lighthouse Network list, a project launched in 2018 by the World Economic Forum in collaboration with consultancy McKinsey& Company, which is a testament to the country’s growing manufacturing prowess.

Formed by more than 130 plants to date owned by various companies, the Global Lighthouse Network is a community of manufacturers applying advanced technologies to speed up and spread the smart adoption of fourth industrial revolution technologies – a fusion of artificial intelligence, robotics, the internet of things, blockchain, 3D printing, genetic engineering, quantum computing and other technologies – to their industries worldwide.

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