China will orderly promote industrial transfer within the country
Source: China Daily | 2023-09-05 | Editor:Ines
Jin Zhuanglong, minister of industry and information technology, delivers a video speech at the 2023 China Industrial Transfer and Development Matchmaking Activities (Yunnan) held in Kunming, Yunnan province, on Sunday. [Photo provided to chinadaily.com.cn]
China will deeply implement the regional coordinated development strategy and orderly promote the industrial transfer of manufacturing within the country, so as to support various regions to leverage their advantages to seek growth, the country's top industry regulator said.
Jin Zhuanglong, minister of industry and information technology, said in a video speech at the 2023 China Industrial Transfer and Development Matchmaking Activities (Yunnan) on Sunday that a new development paradigm is based on a modern industrial system and needs to optimize the layout of industrial productivity.
It is necessary to promote high-level opening up, make greater efforts to attract and utilize foreign investment, actively undertake international industrial transfer, and encourage more foreign investment to invest in areas such as mid to high-end manufacturing, high-tech, and traditional manufacturing transformation and upgrading, Jin said.
According to him, domestic enterprises will also be encouraged to actively integrate into the global industrial chain, supply chain, and value chain, and better utilize both international and domestic markets and resources to achieve mutual benefit and win-win results.
You May Like
-
Dutch industry insider confident in Chinese NEVs
Since October 2022, Dutch company Louwman has been collaborating with China's leading new-energy vehicle (NEV) manufacturer BYD to open BYD dealerships in the N...
InKunming 2023-09-02 -
China's machinery industry registers stable growth in H1
China's machinery industry registered stable growth in the first half (H1) of this year, while its intelligent and green drives picked up speed.
InKunming 2023-08-11 -
EconomyInFocus | China's auto industry witnesses high-qualit...
The five millionth new energy vehicle (NEV) produced by China's leading NEV manufacturer BYD rolled off the production line on Wednesday.
InKunming 2023-08-11 -
Cradle of China's auto industry embraces intelligent manufac...
How has China's auto industry turned from handmade to a leading innovative player in the world? FAW's story may offer an answer. Founded in 1953 in Changchun, n...
InKunming 2023-07-14 -
China's NEV industry registers 20-million record output
China on July 3 hit the production milestone of 20 million new energy vehicles (NEVs) as a pure electric car rolled off an assembly line of Chinese automaker GA...
InKunming 2023-07-11 -
Global licensing industry optimistic about Chinese market
China is the world's 5th largest licensing market with the fastest growth of annual retail sales of licensed merchandise and services, an industry insider said,...
InKunming 2023-06-16 -
Int'l wine conference, expo in Ningxia offer unique platform...
People taste wine during a wine-themed international conference and an expo in Yinchuan, northwest China's Ningxia Hui Autonomous Region, June 9, 2023.
InKunming 2023-06-10 -
Xinhua Headlines: China leads trends of global auto industry
The 20th Shanghai International Automobile Industry Exhibition concluded on Thursday at the National Exhibition and Convention Center (Shanghai), where approx...
InKunming 2023-04-28 -
Economic Watch: Foreign capital spurs new vitality in China'...
Robot couriers shuttle inside a German production workshop in northeast China's Jilin Province, where only a few workers operate a bustling production line chur...
InKunming 2023-04-23 -
Drawing from the ice a booming industry, China's old industr...
InKunming 2023-03-26
