The latest report released by a think-tank in Washington shows that the US manufacturing industry in crisis has not only caused the loss of millions of jobs, but will also make the United States lose its confidence in the future. The report calls on the government and Congress to formulate a national manufacturing strategy to revitalize US manufacturing. According to a U.S. media report, in this latest report released by the Information Technology and Innovation Foundation, the author warns that the U.S. manufacturing industry lost nearly 6 million jobs and 42,000 in the last decade. Thousands of factories were closed; and what's worse is that the manufacturing competitiveness of the United States actually fell rapidly. According to the report, there is a lack of consensus on the current status and future of the manufacturing sector in the United States; unless it is possible to agree on the importance of manufacturing, acknowledge that the manufacturing sector is currently in an unhealthy state, and that it is necessary to formulate a national manufacturing policy. It will be difficult to promote dialogue in this area. The trade deficit negatively affects the future well-being At the press conference held at the foundation on April 26th, the report co-author Stephen Ezell said that the significance of manufacturing to the U.S. economy is unquestionable. The share of manufacturing industry in U.S. exports is as high as 57%. Therefore, to promote exports, we must rely on a strong manufacturing sector. Insufficient R&D innovation In addition, the report believes that manufacturing is the driving force of overall job growth and is also the main source of R&D and innovation activities. Iser, speaking of the relationship between manufacturing and services, said that these two categories are in fact inseparable and mutually reinforcing. Similarly, he pointed out that the shift of manufacturing to overseas also led to the loss of R&D. The final point highlighted in the report is that manufacturing is also crucial to the national security interests of the United States. Iser said that at present, some critical technologies required by the US defense industry are already endangered in domestic resources, such as advanced batteries and electronic products suitable for external space. He said that when the defense industry is increasingly dependent on global supply bases, the supply chain is also often constrained, resulting in delays in the manufacture of domestic defense products in the United States. Call for the establishment of an advanced manufacturing base The report believes that many people who object to the formulation of a national manufacturing strategy claim that the U.S. manufacturing industry is in a fairly healthy state. The loss of work is due to excellent productivity. Others believe that the manufacturing industry is in decline all over the world. Therefore, the relative decline in U.S. manufacturing is not particularly noticeable. Isere said that they refuted these arguments in the report and called on the United States to formulate a national manufacturing strategy like other major industrialized countries and even emerging economic powers such as China. He said: "Why do we need a national manufacturing strategy? First, other countries have their own national manufacturing strategies. This allows them to be at the forefront of world technology." Issell took advanced battery technology as an example and pointed out that Germany, Japan, and China all have national government-developed strategies and related investment commitments in the R&D of this technology; while U.S. companies can only single-handedly The international market competes with foreign companies that have invested in government support. The report hopes that Americans realize that the loss of job opportunities in the manufacturing industry in the United States cannot be explained simply by the reason that high productivity leads to fewer job opportunities; in fact, the reason is that the decline in output caused by the loss of international competitiveness is caused by the decline of output. . The report emphasizes that the national manufacturing strategy it has called for is not to rebuild older industries, but to make the U.S. manufacturing industry competitive in the global economy. Furthermore, such a strategy is not a clumsy industrial policy that favors the survival of the fittest, but it is about how to plan the US taxation system, regulatory system, and innovation policy environment so that the United States can become the most attractive advanced manufacturing in the world. Industry base. Centrifugal pumps are used to transport fluids by the conversion of rotational kinetic energy to the hydrodynamic energy of the fluid flow. The rotational energy typically comes from an engine or electric motor. They are a sub-class of dynamic axisymmetric work-absorbing turbomachinery.The fluid enters the pump impeller along or near to the rotating axis and is accelerated by the impeller, flowing radially outward into a diffuser or volute chamber (casing), from which it exits. Centrifugal Pump,Chemical Centrifugal Pump,Small Centrifugal Water Pump,Stainless Steel Centrifugal Pump Jiangsu Qiantu Trading Co., Ltd. , https://www.pumpqt.com