In 2015, Beijing’s State Council announced a bold goal to mark the Chinese centennial: to make China the world’s leader in manufacturing by 2049. The council’s new plan goes far beyond those set out under the Hu-Wen administration, which focused on so-called strategic emerging industries. The new strategy addresses the whole of Chinese manufacturing – traditional industries, along with advanced industry as well as related services – and the manufacturing process in its entirety. The State Council is calling for expanded reform and “opening up” to stimulate innovation, and outlines an array of initiatives to strengthen China’s industrial capabilities and support aims such as quality improvement, green production and internationalization.
In this summary, you will learn
- Why Chinese manufacturing has remained weak,
- What China’s new strategy for manufacturing aims to accomplish, and
- What principles and goals will guide China’s manufacturing strategy through 2049.
About the Author
The Chinese State Council’s planning document represents two and a half years of effort on the part of the Ministry of Industry and Information Technology and incorporates comments from some 150 experts at the China Academy of Engineering.