Manufacturing-prioritized

Describes a system, process, economy, or organizational structure where the production of goods through industrial processes is given primary importance and receives preferential treatment over other sectors. This focus often manifests in policy decisions, resource allocation, and investment strategies, aiming to bolster domestic production, foster economic growth, and maintain a strong industrial base. The prioritization typically involves incentives for manufacturers, infrastructure development tailored for industrial needs, and trade policies favorable to the manufacturing sector. It reflects a belief in the critical role of manufacturing for national prosperity and competitiveness.

Manufacturing-prioritized meaning with examples

• The government's new economic plan is explicitly 'manufacturing-prioritized,' offering substantial tax breaks and infrastructure investments to attract foreign manufacturing companies. They hope to stimulate job growth and boost exports. This will mean more infrastructure and support for manufacturing.
• In the context of climate change, the city is 'manufacturing-prioritized,' but critics argue that it neglects the importance of sustainable practices and renewable energy. Focusing on low-cost manufacturing, it invests heavily in production, and has little care for other sectors of the economy.
• The company's strategic shift is definitively 'manufacturing-prioritized,' consolidating its production facilities and streamlining supply chains to maximize efficiency and reduce production costs. This prioritizes volume and margins, but sacrifices other things. It's really focusing on increasing profits.
• Compared to previous policies, the regional development fund has become 'manufacturing-prioritized,' allocating the majority of its resources to support industrial parks and manufacturing-related research. It really values industrial output. They want to improve jobs for workers and build out the industry.