Chinese president says manufacturing is key to making country strong -First public comments on visit to Guangdong stress need to develop its own technology
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23 October, 2018Chinese President Xi Jinping has said that China must become “self-reliant”, state media reported, as he toured the country’s manufacturing hub.
Xi arrived in the southern province of Guangdong on Monday, and visited the precision moulding plant and a key laboratory at Gree Electric Appliances in Zhuhai, one of the country’s biggest manufacturers.
There he said the country must develop its manufacturing industry and technology to become a “strong” country, according to People’s Daily, the official Communist Party mouthpiece. “To go from a big country to a strong one, we must give paramount importance to the development of the real economy,” Xi said in his first official comments during the visit. “Manufacturing is a key to the real economy, and the core strength of manufacturing is innovation, or the control of core technologies. “We must … seek innovation by relying on ourselves, and I hope all enterprises will work in this direction.”
The Guangdong visit comes amid the escalating trade war with the United States and slowing economic growth.
Read more at https://www.scmp.com/economy/china-economy/article/2169779