ABSTRACT
The rapid decline of China's economic growth has become the focal point for extensive discussions in China and across the world. Some are optimistic while others are pessimistic about the prospects of China's economic growth. According to the statistics of the International Federation of Robotics (IFR) and the China Robot Industry Alliance (CRIA), China has become the world's largest market of industrial robots in 2013. First, this chapter brings into full play the core and guiding role of technological innovation in order to lay a firm foundation for improving the overall efficiency of the national economy. Second, it focuses on the present but also takes a long-term perspective to build a new structural balance on the basis of new development. Third, it concerns upgrading the industrial technology levels aiming for the advanced manufacturing industry. Finally, it implements the opening-up strategy based on new demands of development in order to improve China's position in the global value chain.
