China will aim to bring over 90 percent of domestic standards in key manufacturing areas up to international levels by 2020, up from the current 70 percent.
China made robotics a focal point of its recent "Made in China 2025" plan and has set national goals of producing 100,000 industrial robots a year and having 150 robots in operation for every 10,000 employees by 2020, a figure known as robot density. Currently, China ranks 28th in the world for robot density, behind Portugal and Indonesia. Chinese suppliers sold about 20,000 robots last year to local companies.
With the phasing out of inefficient capacity and upgrading of technology, China's industrial restructuring over the past five years is on the right path, a minister told a press conference Thursday.
Global full-service IT provider Freudenberg IT has rolled out three new products in China to provide safe and reliable connectivity at a time when a large number of Chinese companies are embarking on their "Made in China 2025" journey.
China will support targeted industries to update their technology as it tries to modernize manufacturing, the country's cabinet decided at a meeting on Wednesday.
Innovation will be the main topic of discussion for an expected visit by German Chancellor Angela Merkel to China later this year.
Ten setors are involved in the Made in China 2025 strategy, includes robotics, information technology, aerospace, maritime equipment and high-tech shipping, high-speed rail and new-energy vehicles.
China is good at making many things, from shoes to mobile phones, clothes to computers, and toys to ships. Now the country has a 10-year national plan, Made in China 2025, which makes the world's second-largest economy ever more poised to move up the value chain and turn itself from a manufacturing giant into a world industrialized power.
A high-level meeting on Sino-German industrial cooperation held in the Sino-German Industrial Services Zone in Foshan in South China's Guangdong province on Sept 10 attracted over 500 participants, including officials, leading professors and company representatives from both sides.
As China's manufacturing industry matures, multinational companies are exploring the potential in higher quality, rather than simply high quantity manufacturing to drive the nation's growth.
As if recent central government initiatives such as the China-led Asian Infrastructure Investment Bank were not enough.
State Council has published a comprehensive plan to promote advanced industry by 2025 and move the economy away from low-value manufacturing.
A robotic arm on prominent display at a tech expo has't garnered as much buzz as the smart toothbrush and smart bicycle being shown next to it.
A roadmap for the future of manufacturing, the "Made in China 2025" plan, will be unveiled in the near future.
Favorable policies will be mapped to help forge an upgraded version of the manufacturing sector amid China's "new normal" growth prospect.
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