China unveils steps to boost manufacturing

China on Tuesday announced key measures to promote the use of manufacturing services for the transformation and upgrade of the manufacturing sector and to foster high-quality development over the next five years.

By 2025, the country’s manufacturing services sector will not only help boost the high-quality development of the manufacturing sector, but also improve innovation capabilities and resource allocation efficiency, said a document jointly released by the National Development and Reform Commission and 12 other central departments.

Factory

There will also be substantial improvement in the specialization, branding, digitalization and internationalization of the manufacturing services sector, along with the creation of a group of leading manufacturing services clusters and enterprises.

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Post time: Mar-29-2021