New technology revolution has three basic features: the fusion among different disciplines technology becomes deeper and wider; The fusion of different technologies forms new advanced industries which are different from the traditional industries; The interaction among the advanced industries will form the regional technology innovation ecosystem based on innovation. In order to accelerate the development of advanced industries, Western industrialized countries put forward to develop a series of prior technologies and advanced manufacturing departments, promote policies of industrial R&D investment and human resources training. Predictably, industrial re revolution strategy will increase labor productivity by changing manufacturing technology and the form of organization, which is the only way for the western industrialized countries to consolidate the leading positions around the world. In this industrial re revolution competition, China should actively use the opportunity brought by new technologies, accelerate the speed of development strategies and then narrow the gap between China and the western industrialized countries.