China plans to increase policy support for advanced machine tools to drive its manufacturing sector's green and high-quality transformation.
China plans to increase policy support for advanced machine tools to boost tech advancements and drive the green and high-quality transformation of its manufacturing sector. The move follows the government's focus on innovation and new industrialization, as outlined in the Government Work Report delivered during the ongoing two sessions. The report also discussed launching an initiative to pursue high-quality development of key manufacturing chains, aimed at enhancing resilience and competitiveness of industrial and supply chains.
March 08, 2024
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