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China launches 4-year plan to expand service-oriented manufacturing, targeting growth by 2028.
China has launched a four-year plan to boost service-oriented manufacturing, aiming to make it a key driver of industrial growth by 2028.
Led by the Ministry of Industry and Information Technology and six other agencies, the initiative targets 100 innovation hubs, 50 leading brands, and 20 national standards.
It promotes manufacturers expanding into services like maintenance and installation, addressing challenges including weak tech capacity, uneven adoption, and poor standards.
Key actions include advancing joint R&D, strengthening producer services, and expanding digital infrastructure like 5G and AI.
Sector-specific strategies focus on new-energy vehicles, machinery, telecom, and traditional industries.
Policy and financial support will be enhanced through local incentives and expanded financing.
Experts say the shift can improve efficiency, profitability, and enterprise value.
China lanza un plan de 4 años para expandir la fabricación orientada a los servicios, con el objetivo de crecimiento para 2028.