Global firms to embrace new era of manufacturing
Global manufacturers, gathering in Anhui for a world manufacturing convention, showcased their determination to embrace a new era of manufacturing by promising to invest 735.1 billion yuan ($105 billion) in 638 projects in the province when the gala ended on Monday.
These include a 220-billion-yuan investment to set up Changxin IC Industrial Base in Hefei, and a 10-billion-yuan input to boost Lenovo Group's smart products at its subsidiary of LCFC (Hefei) Electronics, Anhui Executive Vice-Governor Deng Xiangyang said on Tuesday.
Reinforcing the importance of the manufacturing sector, participants at the WMC 2019 exhibited their cutting-edge technologies and high-tech advances, showing that manufacturing can shine bright in the industrial landscape, he said.