久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Policy Watch

China beefs up support for lackluster manufacturing sector

(Xinhua) Updated: 2016-05-24 10:30

China beefs up support for lackluster manufacturing sector

Workers on a motor vehicle production line at a factory in Qinzhou, Guangxi Zhuang autonomous region. [Photo provided to China Daily]

BEIJING - The manufacturing sector in China will receive more support as policymakers try to stabilize and restructure the economy.

Last week, three more plans were released to help the embattled sector, including encouraging technological innovation, such as intelligent machines, and funding for 10 major manufacturing projects, which will enhance competitiveness.

The country aims to achieve over seven-percent annual growth in the manufacturing sector during the 2016-2018 period, and hopes to attract 15 percent more corporate investment, which will support upgrades, during the period, according to the plans.

It also announced supportive policies for certain manufacturing industries, including ship-building, advanced equipment and general aviation.

Wu Qi, a researcher with China Minsheng Bank, said the support had been designed to shore up the traditional manufacturing sector while fostering new industries, providing better goods and services through supply-side structural reform.

These policies came after data showed that growth in China's industrial output had slowed to six percent in April, while exports and imports fell more than expected, underlining weak demand both at home and abroad.

More plans -- which will focus on software and information technology, big data, new materials, and energy-efficient and environmental-friendly industries -- are expected within the year, Xinhua-run newspaper Economic Information Daily reported Monday.

Improving the manufacturing sector is a pressing task for China, as its status as "the world's factory" has been undermined by developing nations, and it is looking to identify new engines of growth amid a slowing economy.

Moreover, rising labor costs, shrinking export demands and tighter resource and environmental constraints are weighing heavily on the manufacturing sector. It is facing pressure on two fronts: competition from mushrooming manufacturers in lower-cost developing countries and a renewed push by developed nations seeking an advantage in industrial manufacturing.

According to statistics from Oxford Economics, China's manufacturing labor cost was less than half of the United States in 2003, is now only slightly lower than the?US level. However, China's manufacturing productivity, measured by output per employee, is less than one sixth of the?US level.

To catch up, China last year announced the "Made in China 2025" campaign, a 10-year plan to upgrade its manufacturing capacity.

Lu Bingheng with the Chinese Academy of Sciences said compared with the United States and European nations, China still has a competitive edge because of the country's comprehensive industrial system, a huge market and a massive labor pool.

Upgrading of the manufacturing sector through industrial modernization will revitalize the sector and help sustain growth in the economy, Lu said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 呦女精品视频 | 456主播喷水在线观看 | 欧美成人做爰网站 | 一级片免费视频 | 国产成年网站v片在线观看 国产成人aa在线视频 | 欧美一级片免费观看 | 另类自拍| 成人影院免费观看 | 成年网站在线在免费播放 | 精品三级国产一区二区三区四区 | 亚洲国产美女视频 | 日本一级全黄大片 | 99成人在线视频 | 欧美一级毛片一 | 92国产福利久久青青草原 | 免费a级在线观看播放 | 亚洲另类激情综合偷自拍图 | 新婚第一次一级毛片 | 中文字幕在线欧美 | 欧美性色xo影院在线观看 | 国产精品久久久久久久hd | 国产萌白酱在线一区二区 | 黄视频免费在线 | 91精品久久久久亚洲国产 | 一本久道久久综合中文字幕 | 久久精品国产三级不卡 | 亚洲撸| 免费男女视频 | 欧美自拍视频 | 国产成人综合欧美精品久久 | 亚洲精品乱无伦码 | 黄色毛片视频在线观看 | 免费观看性欧美大片无片 | 99精品视频在线观看免费播放 | 在线看日韩| 久久高清一区二区三区 | 草草影院欧美三级日本 | 空姐毛片| 扒开两腿猛进入爽爽视频 | 毛片一级在线观看 | 欧洲乱码伦视频免费 |