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Hold tight to the key of innovation and unlock new horizons for "Made in China."
BEIJING, April 13 (Xinhua) — Facing intense competition and the uphill challenge of structural transformation, "Made in China" has embraced innovation as its key to unlocking new opportunities, embarking on fresh practices in supply-side structural reform. This strategic move has not only opened up uncharted territories for the nation's manufacturing sector but also provided a powerful impetus for its upgrade and transformation.
Supporting foreign investment to broadly participate in "Made in China 2025"
On the 29th, Sun Jiwen, spokesperson for the Ministry of Commerce, stated that the recently released "Foreign Investment Industry Guidance Catalog (2017 Revision)" represents another significant reform initiative by China to proactively open its doors to the world and further improve the country's investment environment. The new catalog will better enable foreign-invested enterprises to play a vital role in boosting the real economy.
If China becomes stronger in manufacturing, will it stop importing from other countries?
Foreign media have expressed concerns that "Made in China 2025" aims to replace foreign technology with Chinese innovation in high-end industries, supplant foreign manufacturing with Chinese-made products, and enhance the global competitiveness of China's high-tech enterprises.
Jin Di
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