China introduces policies to enhance equipment manufacturing, emphasizing new energy vehicles and aircraft.

China plans new policies to boost its equipment manufacturing sector, focusing on new energy vehicles and low-altitude aircraft. These policies aim to upgrade industries and strengthen global supply chains, reflecting a shift from quantity to quality-driven economic growth. China has already achieved annual production of over 10 million new energy vehicles, and the new measures will support large-scale equipment upgrades, trade-in programs, and foster innovations like smart connected vehicles and service robots.

3 months ago
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