High-end manufacturing to open new vistas
High-end manufacturing must be integrated into the development of city clusters, regional linkages and digital innovation, as well as the Belt and Road Initiative for China to achieve breakthroughs in fields that it has been lagging, a leading economist said.
Wei Jianguo, vice-chairman of the China Center for International Economic Exchanges, said city clusters will play a huge role in optimizing the country's core competitiveness by creating complementary advantages and eliminating homogeneous development.
As high-end intelligent equipment, new generation of information technology, new materials, new energy vehicles and other emerging industries are highly sought after in many parts of the world, regional development of the Guangdong-Hong Kong-Macao Greater Bay Area, Yangtze River Delta city and Beijing-Tianjin-Hebei city clusters will help create a number of leading cities supported by the agglomeration of industries in surrounding areas.