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Chinese Premier Li Keqiang stressed.....>

CHINA PRESS
CHINA PRESS: Chinese Premier Li Keqiang stressed Friday the need for China to
advance its manufacturing sector, the People's Daily reported Monday. During a
meeting with officials and companies on economic restructuring to improve the
sector, Li said manufacturing is the foundation for economic development and
China's economic transformation. There needs to be a new industrialization that
creates new "made in China" products. The problem is that while China's
manufacturing sector is large, it is not strong enough, so the task of upgrading
the sector is urgent, Li said. China needs to stick to its "Made In China 2025"
plan to boost the sector, eliminate out-of-date economic segments and facilitate
the move of China's manufacturing sector to produce "high-end" goods. He
stressed innovation is necessary for the upgrading, and the government needs to
strengthen supervision to protect intellectual property rights protection while
helping reduce financing pressure on companies. (People's Daily)

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