As manufacturing opens up more, the world drools
China Daily | Updated: 2018-05-28 07:34
Protection for domestic brands ends while 5,000 foreign-invested firms enter China
BEIJING - As China's manufacturing sector increases the scope and pace of its opening-up, domestic industries are expected to upgrade themselves while foreign companies, too, eye many benefits, industry experts said.
"The manufacturing sector has consistently expanded the fields and raised the level of opening-up," said Huang Qunhui, head of the Industrial Economics Institute under the Chinese Academy of Social Sciences.
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