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Equipment production likely to be enhanced in blueprint
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CHINA’S State Council yesterday passed a plan to improve standards and quality in equipment manufacturing.
The new plan is part of government efforts to deliver the “Made in China 2025” blueprint announced last year, shifting the country away from low-end manufacturing to more value-added production, according to a statement issued after a State Council meeting chaired by Premier Li Keqiang.
It calls for accelerating research and development of key technology including robotics, rail equipment, agricultural machinery and high-end medical devices.
By 2020, over 90 percent of the manufacturing standards in key areas should be in line with global criteria, up from 70 percent now, according to the plan.
Tasks identified as priorities are innovation, fostering Chinese brands, green manufacturing, integrating technology and industry, internationalizing manufacturing, promoting breakthroughs in key sectors, restructuring of manufacturing, service-oriented production, and boosting the industrial base.
Yesterday’s meeting also mapped out plans to use the Internet to trim logistics and circulation costs to foster new engines for growth.
The plan also includes fostering a “smart logistics system,” lifting investments in rural broadband network, building a cloud platform for commercial services and integrating online-to-offline development.
China’s economy grew 6.9 percent year on year in 2015, the weakest in 25 years.
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