Since the financial crisis erupted in 2008, the US-led of developed countries proposed reindustrialization policy measures which is emphasized on implementation. The goal is to deal with the financial crisis, promote economic recovery, and focus on long-term competitive advantage and strategic plan, which will have a profound impact on world economic structure. From the historical situation of reindustrialization in the developed country, reindustrialization is policy means that adapt to the change of economic conditions and social development, improve the international competitiveness of the industrial sector.
It‘s not necessary to deindustrializatior or reindustrialization for China which is at the stage of mid-industrialization. Most China’s economy that traditional industry occupies a considerable proportion is the real economy which has a huge improvement, innovation space. In order to realize the dream from made in China to created in China, China has to upgrade traditional industries with modern technology ,solve the traditional industry backward technology problems with the technological progress, guide more investment to promote the upgrading of traditional industry adjustment, promote industrial technology renewal and innovation, and speed up the depth of the adjustment of industrial structure, that will determine the China’s manufacturing to be the advantageous position in the new round of international competition depending on product innovation and industrial innovation. Fast lifting the country's science and technology innovation ability, gradually narrowing gap of the level of scientific research with developed countries is the priority among priorities for Chinese manufacturing to reshape the competitive advantage.