In 2021，the global economy accelerated the pace of recovery，and the economic development of major economies gradually returned to normal. Internationally，with the recovery of international trade growth and the strong rebound of foreign direct investment，the industrial chain and supply chain have formed an interdependent and inseparable pattern，but the new technological revolution will widen the digital divide，and the related risks cannot be ignored. Domestically，under the epidemic，China has performed well in terms of economic aggregate，industrial structure transformation，scientific and technological achievements and foreign trade volume. Generally speaking，the overall development of China’s manufacturing industry is stable，but the contradiction of large but not strong，comprehensive but not excellent is increasingly prominent，and the development of manufacturing industry has entered the stage of climbing the slope and crossing the threshold. At present，China’s equipment manufacturing industry investment market venture capital is more active，the scale of enterprise mergers and acquisitions and public offerings are constantly increasing，some emerging technologies，high-end equipment and other fields have become investment hotspots，such as “5G + industrial Internet”，industrial robots，commercial aerospace，high-performance medical equipment，lithium battery equipment，etc.