Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap China holds majority of world's 'lighthouse factories' !

China holds majority of world's 'lighthouse factories'

Time:2024-04-30 12:36:30 source:Planet Panorama news portal

China has the highest number of "lighthouse factories"- manufacturers that show leadership in using Fourth Industrial Revolution technologies, the Securities Times reported on Thursday.

Twelve Chinese companies have been included in the 11th batch of "lighthouse factories" list released by the World Economic Forum, making the total of Chinese factories on the list reach 62.

Global Lighthouse Network is a community of manufacturers showing leadership in using Fourth Industrial Revolution technologies to transform factories, value chains and business models for compelling financial and operational returns, according to World Economic Forum.

It is a World Economic Forum initiative in collaboration with McKinsey which examines the future of operations and considers how Fourth Industrial Revolution technologies are shaping production.

The number of China's "lighthouse factories" grew explosively with diversified highlights. As of December 2023, the world has a total of 153 "lighthouse factories" - 40.52 percent of which are located in China.

From the perspective of industry distribution, China's "lighthouse factories" are mostly concentrated in large consumer areas, including household appliances, automobiles and other industries, with a total of more than 20 lighthouse factories, accounting for nearly one-third of the total.

In recent years, China has made continuous breakthroughs in the field of advanced technologies such as artificial intelligence, big data and 5G, and manufacturing companies are at the forefront of digital, intelligent and green transformation, promoting China to gradually move from the world's first manufacturing country to a manufacturing power.

China's remarkable achievements in the development of "lighthouse factories" reflect the country's strong strength and competitiveness in the field of manufacturing, the report said.

Related information
  • British and Irish officials meet as tensions rise over what to do with asylum seekers
  • European Sand Sculpture Championships held in Zandvoort, the Netherlands
  • Israel celebrates 74th Independence Day
  • Israel celebrates 74th Independence Day
  • Nvidia to buy Israeli AI company for estimated $700M
  • (W.E. Talk) Confrontation in Sino
  • Comicomment: Who is stirring up the South China Sea?
  • Roundup: Monkeypox cases rising in EU, authorities urge countries to take measures
Recommended content
  • Patriots' Christian Barmore agrees to 4
  • Central Rural Work Conference Is Held, Xi Delivers Important Instructions on Rural Work
  • World's first unmanned aerial vehicle launched on e
  • China's foreign trade rebounds amid stronger economic recovery momentum
  • Real Madrid coach Carlo Ancelotti apologizes for forgetting German on his Bayern Munich return
  • China completes plantation of nearly 4 mln hectares of forest in 2023