The fourth industrial revolution(Industry 4.0)is now making steady progress.It is considered another technological revolution following the steam technology revolution,electric technology revolution and information technology revolution.It is a trend towards automation and data exchange in manufacturing technologies and processes which include the Internet of Things(IoT),Industrial Internet of Things(IIOT),cloud computing and artificial intelligence(AI),which will have a great impact on the traditional industrial structure and production pattern and reshape the global value chain and production network.