Concerted efforts needed to foster sustainable growth

Chinese policymakers and companies should make concerted efforts to foster inclusive, sustainable industrial development, experts said on Wednesday.

Cecilia Ugaz, director of the Department of Policy Research and Statistics at the United Nations Industrial Development Organization, said China has been one of the countries that has capitalized the most on its domestic demand as the competitiveness and the capability of industrial sector in the nation has been increasing over the years.

Policymakers should help entrepreneurs and the private sector to manufacture in a more innovative manner, encourage them to use new technologies, and ensure that the technology they use is environment-friendly, she said.