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MNI INTERVIEW2: China Green Transition To Boost Manufacturing

MNI (Singapore)
(MNI)Beijing

MNI discusses China's manufacturing sector with a prominent policy advisor.

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China’s high-tech and green-transition ambitions will boost manufacturing’s role as an economic driver, while clearer industrial standards and deepened international connections represent crucial factors that will help Chinese companies increase their global market share, a policy advisor told MNI in an interview.

Manufacturing investment and manufacturing value added (MVA) developmentwill continue to remain robust in 2024, illustrating China’s commitment to “high-quality growth,” said Chen Chen, department director of Advanced Manufacturing Development at the Machinery Industry Information Research Institute, a well-known think tank advising authorities on industrial policies.

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China’s high-tech and green-transition ambitions will boost manufacturing’s role as an economic driver, while clearer industrial standards and deepened international connections represent crucial factors that will help Chinese companies increase their global market share, a policy advisor told MNI in an interview.

Manufacturing investment and manufacturing value added (MVA) developmentwill continue to remain robust in 2024, illustrating China’s commitment to “high-quality growth,” said Chen Chen, department director of Advanced Manufacturing Development at the Machinery Industry Information Research Institute, a well-known think tank advising authorities on industrial policies.

Keep reading...Show less