Sub-anchor: Background on China's industrial design industry

China's industrial design is now at a fast-developing stage, with relatively small scale. More than 70 percent of the companies in the sector are small or medium sized and are located mainly near theBohai sea coast and the deltas of the Yangtze and Pearl rivers.

Industry experts say 3D printing will play a key role in the future while industrial robots will be an important part of building intelligent factories.

High-end manufacturing companies with huge market opportunities are keen on mergers and acquisitions to enlarge their businesses. There were 460 mergers and acquisitions in the high-end manufacturing sector in 2015. That was an increase of about 49 percent year on year.