Emerging technologies including the internet of things, artificial intelligence, blockchain and many others are paving the way for a new generation in the manufacturing sector, as an integral use of these technologies can shore up the development of new business models, products, and services for the traditional manufacturing industry, said Zhou Hongyi, chairman and CEO of 360 Security Technology Inc, and a CPPCC National Committee member.

He made the remarks at a press conference on Wednesday on the sidelines of the second session of the 13th Chinese People's Political Consultative Conference National Committee.

"Going forward, the two industries will see a closer tie-up instead of seeing one replacing another," Zhou said.