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August 24, 2015

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Home » Business » Manufacturing

Li urges faster and firm development of advanced output

Chinese Premier Li Keqiang yesterday urged faster and stronger development of the country’s advanced manufacturing to fuel the slowing down economy.

As a pillar industry, China’s manufacturing should become high-end and more intelligent through nationwide startups and innovation, said Li while chairing a meeting of the State Council, China’s Cabinet.

He stressed tackling problems such as lack of innovation ability, low added value and laggard services, so as to nurture new advantages of the country’s manufacturing and boost the “Made in China 2025” and “Internet Plus” initiatives.

The State Council unveiled a 10-year national plan “Made in China 2025” on May 19, designed to transform the country from a manufacturing giant into a world manufacturing power.

The Internet Plus concept was first presented by Li in March when he delivered the government work report, which strives to encourage the healthy development of e-commerce, industrial networks, and Internet finance.

Less red tape and better governmental management and services will create a fair environment for entrepreneurship. More outsourcing, funding and support will stimulate emerging businesses and generate new growth, the premier said.

He also mentioned the intelligent manufacturing that integrates information technologies and production systems — a new model leading a deep reform of the whole industry.

Representing such model, 3D printing has realized a significant change from traditional manufacturing. Li called for wider use of 3D printing technology as well as high-end machine tools and industrial robots in order to attract more consumers, expand market demand and maintain sustainable development.




 

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