China to speed up modern industrial system development, focusing on advanced manufacturing, digital economy integration, industrial resilience, and high-quality SME growth.

China's Minister of Industry and Information Technology, Jin Zhuanglong, announced plans to accelerate the development of a modern industrial system centered on advanced manufacturing to support modernization. This includes enhancing the integration of real and digital economies, improving industrial resilience, and promoting high-quality growth in small and medium-sized enterprises (SMEs). Key focus areas include connected new-energy vehicles, lithium batteries, and emerging sectors like bio-manufacturing and 6G technology.

August 31, 2024
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