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Can ‘Made In China 2025’ Turn The Innovation Wheel Towards China? – The World Reporter
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Shanghai China

With the ‘Made in China 2025’ proposal, China is hoping to generate an innovative boost in its manufacturing industry with the aim to promote quality home-built products to the world. Originally introduced in 2015, Made in China 2025 is giving China 10 years to redress its IT and technology industry and implement innovative programs to develop its knowledge and industry accordingly. The goals are to increase the domestic and international content of core materials in high-tech to 40% by 2020 and then a whopping 70% by 2025. Opinions are still divided as to the feasibility of Made in China 2025, especially as foreign content represents more than half of all high-tech goods. At the moment, it doesn’t seem that China will be able to meet its goals. But the Chinese government is creating innovation centers to support its industrial development and approach the production of high-end equipment. Smart manufacturing, cloud computing, smart equipment that works almost without human interactions and the pursuit of innovative technologies are being encouraged throughout the country as a way to tackle the domestic deficit in high-tech production. Could China become a leader in the innovative and skilled industries?

China, formerly known as the kingdom of cheap unskilled labor

It’s difficult not to associate China with cheap products, and consequently inexpensive and unskilled labor. In the fashion industry, made in China may not always be synonymous with quality, but it certainly means that you get a damn cheap frock and sometimes that’s just what you want. The only way that bigger brands have found to tackle the competitive challenge of cheap labor is to promote quality, fair wages and innovative fashion technology to justify the price of their products. However, customers who research a bargain still turn to Chinese products. With its reputation for being the largest cheap labor factory in the world, China’s cheap products from unskilled labor are hard to beat if you’re price-conscious. With low wages and high productivity, China holds the place of an advanced capitalist – if not despotic – economy in the world market.

In other words, China has a major labor reorganization to address to become a competitive and innovative economy. Domestic skills don’t come for free.

China is changing its stance about skilled labor and innovation

It’s because they understand the importance of moving from an economy that relies primarily on unskilled labor to an economy that is built on the innovation of educated labor, that the Chinese government is trying to improve vocational education. It comes as no surprise that China has been struggling with a shortage of skilled labor for several years as a  five-year plan for the increase of training and recruitment of highly skilled workers by improving the competitiveness of vocational schools. With the government’s support, this five-year plan is also trying to address the Chinese mindset that has been trained to reject education in favor of cheap labor, aka the guarantee of immediate wage as opposed to the prospect of studying first and earning later. With almost 98% of employment rate for skilled workers, it’s easy to see the value of educated vs. unskilled labor. However, vocational studies delay the entry to the professional world and make it more difficult for the Chinese population to cope with everyday costs.

Nevertheless, those who are educated, are already driving an innovative spike through the Chinese manufacture industries.

World’s largest solar power plant

China’s province Anhui holds the world’s largest floating solar power plants, built on top of a flooded coal mining area. In fact, the floating solar power plant combined with the Longyangxia Dam Solar Park, a 10-square-mile land-based plant that is said to be the largest on the planet, has generated an increase of 80% of China’s solar power output at the beginning of 2017. From January to March 2017, the overall solar power generation reached 21.4 billion kilowatt-hours more than the previous year. For comparison purposes, a town of 1 million inhabitants needs 10 million kWh a year, so the increase only is enough to supply a small country. More surprisingly, the whopping boost in solar power comes as several solar plants have been standing idle because of issues with congested transmission infrastructure. At a time where renewables are becoming hugely precious, it’s easy to measure the Chinese competitiveness on the energy market.

Fast and effective 3D printing sector

One 3D printing manufacturer embraced the need for environmentally-friendly structures and policies and decided to perfect a new printing system that will change the Chinese take on poverty. WinSun Decoration Design Engineering Co built in a day a village of 10 houses using a customized 3D printed to print concrete parts out of recycled waste. The test village was built in Shanghai, using a hefty printer – 150 meter long, 10 meter wide and 6 meter deep – to print concrete constituents, and cement reinforced with glass fiber. Naturally, the houses didn’t pop out all assembled. The printer was set on creating separate parts that were then transported and assembled by people. This amazing experience could present a new possibility for the Chinese government to bring safe and hygienic houses in poverty-stricken regions of China. As this gigantic project progresses the need for high-quality 3D software and reliable 3D printer motors by domestic manufacturers – Moons is one of those high-end tech manufacturers that provide the relevant motorized parts for 3D printers – will increase. In a challenge at human scale, China has proven that innovation for the people is the best kind of innovation. Market competitiveness and economic power have been rejected for the sake of the less privileged part of the Chinese population.

The infamous transit elevated bus

It’s difficult to talk about Chinese innovation without mentioning the elevated bus that has kept the world in suspense. The bus that was designed to drive over the top of cars and that was planned to for testing over a 300 meters track along a roadway was unfortunately ruled out as a scam by the Chinese authorities. At first, it was financial difficulties followed by strange setbacks. But the Beijing police recently announced that they’re trying to recover the funds for each investor. While this sounds like an innovative failure, the transit elevated bus suggests a practical and creative solution to traffic problems. It’s likely that we’ll hear about it again in future, from a serious high-tech firm that wants to make a difference.

Communication with space

The Quantum Experiments at Space Scape is a research project in quantum physic. Based in China, the project is of international importance and has recently proven the ability to communicate from space using quantum photons. In what can only be described as a big leap for science, China’s quantum satellite has successfully distributed entangled photons between different base stations on Earth – with as much as 1,200 kilometers between them on the ground. While in theory entangled photons can remain linked across the distance, this has never been possible across such vast distances, and even less between the Earth and space. Whether this will allow us, in longer terms, to communicate more effectively with the space around the Earth or to reach so far unknown extraterrestrial civilizations is unknown. But it makes no doubt that this small step for the entangled photons is a giant step for science!

Made in China 2025 is a big claim. But the constant innovation that is changing the Chinese industries offers the possibility that maybe in the near future the world could rely on China for our renewable energy, 3D print technology, transport solutions and spatial explorations. Think big, or 不撒大网不得大鱼, as they say in China (bu sa da wang bu de da yu): Without casting a big net, you can’t catch a big fish.

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Employee Training and Development Becomes One of the Most Disruptive Megatrends That Is Shaping the Future of Work

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Employee training

There is no question about the effectiveness of employee training and development. It’s incredibly important to help your staff advance their skills and knowledge to help grow a business, but the impact of employee learning has often been understated and even neglected. However, companies are now suggesting that employee training and development is one of the biggest megatrends that have completely transformed the future of work. It has overhauled how businesses should be developing and engaging with employees, and it’s leading to an incredibly diverse and talented workforce that is capable of wonderful new things.

Part of the problem of employee training and development is that it’s difficult to measure its impact on the workplace. Employee performance often isn’t a quantitative measurement that is easy to read and link to their output. This is one of the reasons why the effectiveness of employee training and development has been questioned by management experts.

Thankfully, new strategies have been developed to help measure workplace learning and its impact on companies. Below, we’ve included a helpful infographic that covers some of the most important measurements, such as return on investment and how it is calculated in the context of employee learning and development. It should put the effectiveness of employee training into perspective and will help you better understand when training is needed and how development actually improves your business and its productivity.


Infographic by: Ezra Coaching
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Top 10 Simple Health Changes To Boost Your Well-Being

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It does not matter how old you are, where you live, or what your occupation is, your health should always be a top priority. However, most of us are a little bit guilty of letting our well-being slide from time to time. With that being said, read on to discover some of the simple ways you can give your health a boost today.

  1. Get rid of at least one item in your life that contains toxic chemicals – You may be shocked by just how many items in your life contain toxic chemicals. This includes everything from air fresheners to bed sheets. Get rid of one of these items and replace it with something natural instead. This is something you should make a habit to do every few months or so. You will be surprised by just how much of a difference this can make. 
  2. Deep breathe for at least five minutes – Throughout the day, you should make sure you take the opportunity to deep breathe for at least five minutes. Why? Well, there have been numerous studies that have shown that deep breathing can help to lower stress hormone levels. This means that you will feel better, get an improved night’s sleep, and you will have less anxiety too.
  3. Drink more water – You probably expected this to be on the list, but the importance of drinking more water should never be ignored. Your body needs water for almost every function. If you are dehydrated, this could be the cause of headaches, pains, aches, and a number of other symptoms.
  4. Have one veggie night per week – A lot of people eat far too much meat, red meat especially. So, why not have a veggie night once a week? Not only is this good for your health, but it will be good for your bank balance too. There are so many great recipes online that can give you ideas regarding tasty and creative dishes that do not incorporate any sort of meat or fish. Once you start off with one night per week, you may then decide that you want to up it to two nights, and so on. However, it always helps to start off small so that it is easier and more manageable, and you can then get used to it.
  5. Sign up for an online pharmacy – Nowadays, you can easily order your prescriptions and medications over the Internet via an online pharmacy. This can help you to boost your health because it ensures you never experience delays with your medication. If you are someone who often doesn’t take their recommended course of tablets because you cannot get to the doctors in time for a repeat prescription, then this is definitely a good suggestion for you. Your medication will be delivered to your door with a click of a button.
  6. Make a dedicated effort to lower your stress levels – There is no denying that we live in a very stress-filled world at the moment! The world we live in is one that has heaps of pressure, and it can be difficult to stay on top of everything and keep those stress levels low. However, it is vital that you find a way to do so. After all, if you don’t adrenal fatigue and health can start to take a tumble, which is the last thing you want. For those who are unaware, adrenal fatigue relates to a group of different symptoms that impact people who are under a lot of physical, emotional, or mental stress. From being a single parent to having a stressful job, there are a lot of different reasons why you may be struggling. Therefore, we recommend that you look for different ways to reduce those stress levels so that you can enjoy a more calming and peaceful life. Whether it is doing some breathing techniques or taking more regular breaks so you can have moments for yourself, there are a lot of different ways that you can make sure you are keeping your stress levels to a minimum. The importance of this should not be overlooked, as stress can impact our mental and physical health in so many different ways. 
  7. Do something nice for someone every day – You will be surprised by how good this makes you feel, and by how much this has a positive impact on your health. It’s all about mental well being. When you do something nice for another person, you are benefitting their health, as well as your own. First and foremost, there is no denying that it feels good to hear some nice words for someone or to get a helping hand when you need it. You feel recognised and appreciated, and this is something we all need. At the same time, doing something nice for someone else and seeing their reaction can make you feel amazing too. After all, doing something good for someone is a gift for yourself at the same time. You will find that the deed continues throughout the day, making you feel great and happy within yourself. 
  8. Incorporate some movement into your commute – If you do not have an active job, this is particularly important. Sitting at a computer all day can be bad for your health. One way to combat this is by incorporating some movement into your commute. If you can walk or bike to work, you should give this a go. If not, start parking your car further away from your place of work so that you have to walk there and back. You should also start using the stairs instead of the elevator whenever you can.
  9. Start meal planning – You will find it much easier to eat healthily if you plan your meals. At the start of every week, make a menu of what you are going to cook for dinner every evening, as well as what you are going to make for your lunches every day. Not only will this help you to eat better, but you will save money too. Make sure you incorporate some healthy snacks into your food prep for work. This will stop you from going to the vending machine whenever you are bored or your energy is zapped. The great thing about the times we live in at the moment is that you can easily get recipes and meal prep inspiration online. So, if you are struggling, simply do a little bit of digging online and we are sure that you will find a lot of different options when it comes to meal ideas and clever food prep suggestions for the week ahead. Not only is this going to help you to be more organized, but you will find that it actually saves you quite a bit of money in the process. After all, when we do not have a food plan for the week ahead, we tend to spend a lot of money on items we do not need. Food can end up going in the bin because we do not use it. This ends up in an awful lot of waste, and we should all be looking to reduce this, so meal prep is great in many ways.
  10. Keep a journal – Last but not least, keeping a journal is good for a person’s mental health. You should write down your thoughts. It doesn’t need to be a long entry; you can simply jot down a few bullet points every evening. This will help you to articulate your thoughts so that they do not wear you down. After all, it can be very difficult to sleep if you have lots on your mind. A lot of experts advise this approach for people who suffer from insomnia. One of the main reasons why a lot of people struggle to get the hours of sleep they need is because they cannot shut off when they go to sleep; their minds are still going at a million miles per hour. They are thinking about what they need to do the following day and any worries or concerns that they may have. Because of this, it very much makes sense to keep a journal so you can offload some of these thoughts and worries and you can have a much more restful night of sleep. Once you get into the habit of doing this, you will see that it actually does make a significant difference when it comes to drifting off and enjoying a good night of rest. 

So there you have it: some of the best ways to give your health a boost. The suggestions that have been provided are really simple and easy, so there is no excuse not to give yourself a bit of TLC. we are sure that you will start to notice a difference as time goes on. However, as is the case with anything, it requires patience and persistence. You cannot expect to turn your health around in one night.

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Why Buy A Business, Rather Than Start One

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There are good and bad sides to buying a business and starting your own business from scratch. For lots of people, the positives of buying an established business outweigh the positives of starting a business. Here are the reasons why buying an existing business could be the right choice.

Easier To Secure Finance

All businesses will need finance. Unless you can fund your business yourself, you’ll need to secure financing from investors. Most lenders will be more willing to lend money to an established business that they can already see is doing well, rather than risk an unknown factor. 

Income From Day One

One of the downsides of starting a business is that most start-ups will go through an early stage where they don’t make much, if any, money. For some entrepreneurs, this stage can last for several years. 

During this stage, you will need to pay out for things like your premises, as well as equipment, installation of equipment, stock, materials, fixtures and fittings, legal and professional fees, a license, uniforms, and more. 

If you don’t have finance in place or another form of income, this stage can be very tough for a new business owner. If you buy a business, you can start earning from day one, and avoid this tricky period where you might be out of pocket.  

Established Brand

When you buy a business that already exists, you are also buying into a brand that is already known, recognizable, and has a track record. You get the business complete with all the trademarks, copyrights, and websites associated with it, as well as the business locations

This means that your business will already have customers, lenders, suppliers, and other contacts that are confident in the business already. 

Instant Customer Access

An existing business also has customers already, which can help you succeed straight away. You can use a range of strategies and marketing to build on the existing customer base, but won’t have to struggle to build a customer base from scratch. 

Established Network Of Contacts

When you start a business from scratch, a lot of your time and energy has to be put into building up a network of contacts. 

All businesses need to have supplier and marketing contacts, so buying an existing business that already has those contacts in place allows you to hit the ground running.

Like money lenders, suppliers and marketing companies are more likely to offer you more favourable terms if your business has been around for a while and they know it.  

Focus On Growing The Business

When an entrepreneur starts a new business, they will have to put a lot of their energy into getting their business off the ground. This takes a lot of time and can be very tiring. 

On the other hand, when you take over a business that is already established, you’ll be freer to focus on the areas of the business that most need your attention, aiding the growth of the business as a whole. 

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