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Internet plus strategy to help solve manufacturing overcapacity

By Zhao Xuejie and Hu Yuanyuan (chinadaily.com.cn) Updated: 2015-08-27 10:58

Chen said it is also possible to use the Internet to attract talents and train employees. E-commerce can also play an important role in it.

"To realize the reform of the manufacturing industry structure, we have to rely on the Internet's ability to search and analyze," said Chen. "E-commerce can step up from trading goods to trading corporations, which can help the transformation of those important companies."

Some experts said it is possible to make Internet+ the basis of all business. Lai said that the information technology would significantly change the way all products work. Others say that the original industries are still the most vital part in business.

"Personally, for manufacturing, I am more for the plus Internet idea not Internet +," said Chen. "I would like to name my speech ‘Let Internet be the Wings to Traditional Industries'."

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