Industrial policy will become smarter
By Hu Yongqi | China Daily | Updated: 2017-05-18 07:30
China will focus on smart manufacturing by integrating the Made in China 2025 strategy and Internet Plus initiative with entrepreneurship and innovation to upgrade the country's traditional industries and help advance economic restructuring.
The decision was made at a State Council executive meeting presided over by Premier Li Keqiang on Wednesday, when a report on the strategy's implementation was delivered to participants.
Since implementing the strategy in 2015, the nation has seen a steady progress in industrial capabilities, smart manufacturing, innovation, and product quality and branding. A recent example is the passenger jet C919, which made its first test flight earlier this month.
Photo