It has been near ten years since the US government put forward “A Framework for Revitalizing American Manufacturing” in 2009. What is the effect of its implementation?This article has carried on the research on this.The paper argues that the manufacturing industry in the United States has developed over the past several years, it shows in:The valueadded scale of manufacturing industry is gradually expanding, in which the growth of durable goods is more than that of nondurable goods; Manufacturing costs are falling and its employment is increasing; R&D investment in hightech areas increased, the proportion of its valueadded in GDP increased; The hightech sector has become a major foreign investment area; Manufacturing networks began to emerge. Although the valueadded of America’s manufacturing ranks second in the world behind China, the proportion of valueadded manufacturing in the US exports is far greater than that in China. The paper also points out that the manufacturing industry in the United States faces two major problems: Firstly, higher labor productivity has curbed manufacturing jobs; Secondly, higher manufacturing wages have weakened the competitiveness of US exports. In addition, the new government put forward the“American First”policy of trade protectionism,which will also be retaliated by other countries, and thus affect the export of manufactured products made in the United States. This paper compares the difference between Obama and Trump in the strategy of“revitalizing the manufacturing”,it believed that some of the practices proposed by the Obama administration to revive the manufacturing strategy in the United States should be used for reference or inspiration. For example, to make the government, enterprises, schools combine R&D system and investment model; to supervise the activities of virtual economy and to focus on the concept of developing the real economy; to encourage the traditional industrial base through technological innovation and industrial restructuring revitalization measure; etc. This paper points out that Shanghai is carrying out the national instructions on the development of the real economy, to develop the real economy that needs: to speedup the transformation of government functions; to attach importance to the construction of scientific and technological innovation centers; to increase financial support for the real economy; and to pay attention to the cultivation of scientific and technological talents.