The titanium economy enterprises mostly have the following characteristics.
1. They are mostly unknown small and medium-sized manufacturing enterprises.
2. They have strong resilience and can turn difficulties into opportunities even in the face of macroeconomic fluctuations and significant external challenges.
3. Their products are ubiquitous in the daily life.
4. They pursue inheritance, possess long-term sustainability, and operate steadily.
In addition to the developed basic research, active capital market, and excellent education system, the reasons for the formation of the titanium economy in the United States are as follows.
1. The long termism under the sound legal guarantee.
2. The strong domestic consumption capacity in the United States.
3. The developed professional trade shows in the national unified market.
For China, whose goal is to build a manufacturing power, the titanium economy phenomenon can provide the following inspirations and references.
1. Completely abandon the backward thought that the manufacturing industry is a backward industry.
2. Provide stable expectations for individuals and enterprises through legal guarantee, and avoid policy arbitrariness.
3. Increase the income distribution for labor remuneration, and improve residents' consumption capacity.
4. Accelerate the construction of the national unified market in China, making it can truly have the function of determining the competitive market allocation of enterprise resources.
5. Vigorously promote the development of private industry associations, and encourage industry associations to strengthen peer exchanges with developed countries.
