And as China shifts from a manufacturing to knowledge-based economy, expect it to invest in "knowledge based" sectors like insurance, finance and hi-tech software firms.
We've just collapsed in the transition from a manufacturing to a knowledge-based economy.
Household debt is now the equivalent of almost 100% of GDP and the debt of non-financial companies is nearly 140%.Mr Sócrates sees himself as the modern face of a country in transition from low-cost manufacturing to knowledge-based industries.
At the same time, the ECEC is also increasingly viewed as an effective social investment policy tool to address issues ranging from child poverty, to meeting global economic competition, to the changes in the country's economic base from manufacturing to knowledge-based industries.
China's plan to transform from a manufacturing economy to a knowledge-driven innovation economy by 2020 could be jeopardised.
The urban regeneration and innovation hubs for the future development, as the city transforms itself from a manufacturing centre to a knowledge, technology, and innovation centre for the nation.
Though there are three significant areas of correlation (people or social, planet or environment, and profit or economic), there are also other elements that make a city more sustainable: The urban regeneration and innovation hubs for the future development, as the city transforms itself from a manufacturing centre to a knowledge, technology, and innovation centre for the nation.
The city's history as "the land of OEM manufacturers" has created a foundation of manufacturing knowledge to draw on, so coming to Shenzhen allows startups to embed themselves "deeply in their supply chain".
During the 1980s and 90s, both countries experienced rapid process of deindustrialization as their economic bases shifted from manufacturing to services and knowledge-based industries.
The use of a formalized design process, in which a software application is used to bring manufacturing knowledge to the forefront, would improve DFM implementation.
The Wright brothers used their knowledge of bicycle manufacturing to invent the airplane.
