China is set to transform its manufacturing landscape over the next two decades, aiming to blend affordability with high-tech advancements. Zhu Min, a senior expert at the China Center for International Economic Exchanges, emphasized the integration of innovation into the manufacturing sector to ensure products are not only affordable but also of high quality and technologically advanced.
This strategic vision underscores China's commitment to maintaining its position as a global manufacturing hub while adapting to the rapidly changing technological landscape. By prioritizing innovation, the country seeks to enhance its manufacturing capabilities, making them more efficient and sustainable.
The focus on high-quality manufacturing is expected to drive economic growth, foster technological advancements, and meet the evolving demands of both domestic and international markets. As China moves forward, the synergy between cost-effectiveness and cutting-edge technology will be pivotal in shaping the future of the global manufacturing industry.
Reference(s):
China's manufacturing in next 20 years aims to be cheap and high-tech
cgtn.com
