First, our traditional manufacturing industry should fully enjoy the "opportunities of reform and dividends of policies".

  According to the deployment of the state, the supply side reform will be implemented on the four main lines of labor, capital, innovation and government. The curtain of reform has been opened. What dividends can it bring to our traditional manufacturing industry?

1. Four "labor" bonuses. Liberalize the birth policy and supplement the demographic dividend; Registered residence system reform promotes labor mobility; Strengthen education and improve the level of human resources; Reform of state-owned enterprises, eliminate backward production capacity and release emerging labor force.

2. Four "cost reduction" dividends. Price reform of resource products (coal / oil / natural gas / steel / electricity, etc.) to reduce the cost of raw materials; Market-oriented reform of interest rate to reduce capital cost; Tax reform to reduce fiscal and tax costs; Endowment insurance reform to reduce labor costs.

3. Four "risk reduction" dividends. A large part of the costs and risks of Chinese enterprises come from the special system, which will be further implemented in the future: strengthening anti-corruption; Breaking monopoly; Deregulation; Improve the capital structure to reduce risks and costs and ensure the dividend of reform.

4. Four "innovation" dividends. Under the deployment of "mass entrepreneurship and innovation", promote the integration of industry, University and research, and improve the industrial conversion rate of innovative achievements; Provide financial support for innovative enterprises and projects; Provide tax incentives and fee relief; Build a strong incentive mechanism.

Second, how to carry out "internal supply side reform" in our traditional manufacturing industry.

  The implementation of external policy dividends requires our own reform within the enterprise. As a traditional manufacturing industry represented by tricycles, the core element is "products". The supply side reform of tricycle products should focus on these three aspects: 1. Innovation; 2. Cost; 3. Craftsman spirit. These three aspects constitute the core of the supply side reform of manufacturing industry and the core competitiveness of enterprises.