Shanghai Waigaoqiao port , China
Mehmet continues . “ The country has been moving away from low-end , labour-intensive manufacturing towards higher-tech , fullspectrum product manufacturing .”
This shift focuses on innovation-led growth and self-sufficiency , especially in industries crucial to national security , such as agriculture and energy , and in high-tech components like semiconductors , where China has historically relied on imports . The complex nature of the global supply chain is further exacerbated by China ' s initiatives .
“ THE EVOLUTION OF CHINA ' S DEMOGRAPHICS
AND ECONOMIC LANDSCAPE HAVE
CONTRIBUTED TO A SHIFT IN THEIR APPROACH TO
MANUFACTURING AND TRADE POLICIES ”
MEHMET DEMIRCI , SVP OF GLOBAL PRESALES SOLUTION
CONSULTING AT E2OPEN