The third industrial revolution triggered by technological innovation, but the most fundamental change is the upheaval of the industrial mode of production and the value of the distribution mechanism. "Automation" on the basis of the results in the second industrial revolution, the "assembly line" production methods and the global division of labor based on "mass production" will be broken, both will be a major shock on competitive advantage in developing countries. The enormous impact of the third industrial revolution, the development of China's manufacture impact, but the widespread use of digital, intelligent technology, is basically the same development as comprehensive transformation of the mode of production organization and industrial development of China's manufacture transformation and upgrading of traditional development approach. The transformation and upgrading of the Chinese manufacturing industry needs to meet the challenges of the third industrial revolution, and also gain new opportunities for development. <<