China continues support for high-tech manufacturing: official
Xinhua, July 26, 2016 Adjust font size:
China will strengthen policy support for high-tech manufacturing during H2, a senior official has said.
"The work of building the country into a global manufacturing powerhouse is moving from documents to implementation," vice minister of industry and information technology Feng Fei said on Monday afternoon.
Emerging sectors, smart manufacturing and communications are expected to see specific guidelines in H2, while official five-year industrial plans on software, big data and new materials will also be rolled out, he said.
Pilot projects will cover industrial Internet, manufacturing standards and aircraft engines.
China plans to earmark 5.2 billion yuan (nearly 780 million U.S. dollars) from its central budget to improve manufacturing in 2016, up 50 percent from a year ago.
The Chinese government in May 2015 unveiled a national plan, named "Made in China 2025", to develop more high-end products rather than churning out cheap, low quality goods. Endi