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August 5, 2015

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Home » Business » Manufacturing

Manufacturing a plan

CHINA’S National Development and Reform Commission yesterday released an action plan to improve the core competence of six manufacturing sectors through 2017.

The program will involve several projects in the rail transportation equipment, high-end shipbuilding and oceaneering equipment, industrial robots, new-energy vehicles, modern farm machinery, and advanced medical devices and medicine sectors, the top economic planner said.

The projects will help to facilitate breakthroughs in key technologies and applications, nurture manufacturers and support the creation of globally recognized brands, it said.

To realize the goals, the NDRC said it will introduce private investment, increase budget and financial support, and encourage the acquisition of foreign high-tech manufacturers.

 




 

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