Lack of innovation hampering China's industrial transition, says report

Low level of innovation is affecting the Chinese manufacturing industry's ability to grow from "big" to "strong", according to an industrial report released on Tuesday.

According to the report by the Liaowang Institution, a domestic research organization under the Xinhua News Agency, a large number of core technologies being used in manufacturing are imported.

Innovation, which is marked by self-developed technologies, will become a major factor that will drive manufacturing, to be in line with China's policy to develop the industry by 2025, said Wu Liang, president of the Liaowang Institution.