Investment boost for tech firms
CHINA will boost investment to foster technological progress in six manufacturing industries until 2017 as the country tries to upgrade its manufacturing sector and lift economic growth, the top economic planner said yesterday.
The six sectors include railway equipment, ocean engineering equipment, industrial robotics, new-energy vehicles, modern agricultural machinery and medical equipment, said Zhao Chenxin, vice director of the policy studies department under the National Development and Reform Commission.
The investment is part of China’s ambitious plan to enhance the competitiveness of its manufacturing sector by encouraging innovation in an effort to boost economic growth.
The blueprint, titled “Made in China 2025,” comes as the country’s factories struggle with sluggish demand, increasing competition from other developing countries and a slowing domestic economy.
The NDRC last year pledged to speed up construction of seven major projects, including power grids, transportation, water conservation and environment.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.