Siemens(US:SIEGY) Zhong Guo Jing Ji Wang·2025-11-07 11:45Core Insights - The collaboration between the Development Research Center of the State Council and Siemens focuses on the digital transformation of small and medium-sized manufacturing enterprises in China, emphasizing the importance of this transition for the manufacturing sector's high-quality development [1][2]. Group 1: Government Perspective - The 20th Central Committee's Fourth Plenary Session has highlighted the need to promote the digital transformation of the manufacturing industry, particularly for small and medium-sized enterprises, to support the construction of a strong manufacturing nation [1]. - The government aims to leverage China's vast market, robust manufacturing base, and complete industrial chain to accelerate the digital transformation of small and medium-sized manufacturing enterprises [1]. Group 2: Industry Perspective - Siemens emphasizes that the current era marks a historical turning point for digital transformation, with artificial intelligence influencing various industries and creating new opportunities for innovation and efficiency [2]. - The report indicates that small and medium-sized manufacturing enterprises are crucial to China's manufacturing landscape, acting as vital components of the supply chain, and their digital transformation is essential for building a modern industrial system [2]. - Successful models of digital transformation have emerged from small and medium-sized enterprises, showcasing the integration of technological and business model innovations to meet new demands and create new supply [2]. Group 3: Research Collaboration - The report was co-authored by the Innovation Development Research Department of the Development Research Center and Siemens (China) Co., Ltd., highlighting a collaborative effort to address the challenges and opportunities in the digital transformation of manufacturing [2][3]. - The release event featured discussions among various experts, including representatives from the China Macro Economy Research Institute and Tsinghua University, indicating a broad interest in the findings of the research [3].