Abstract: In order to revive its domestic industries after the economic crisis, the United States relies on “reindustrialization” as an important strategy to rebuild its competitiveness. Policies and measures adopted include focusing on emerging industries, encouraging technological innovation, and supporting the development of small and medium businesses. Faced with the challenges brought by the Re-industrialization strategy, China shall strive to play an active part in the emerging strategic industries through improving industrial enterprises’ international competitiveness, advancing manufacturing technologies, increasing input in scientific researches, and greatly promoting technological transformation and innovation.