'Made in China 2025' plan unveiled
Updated: 2015-05-19 13:23
(Xinhua)
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BEIJING - China's State Council has unveiled a national plan, dubbed "Made in China 2025," focusing on promoting manufacturing, a notice said on Tuesday.
The plan was authorized by Premier Li Keqiang, according to the notice.
"Made in China 2025" is the first 10-year action plan designed to transform China from a manufacturing giant into a world manufacturing power.
Related story: 10 industrial sectors of the 'Made in China 2025', by chinadaily.com.cn
China hopes to upgrade the country's manufacturing power through the "Made in China 2025" strategy unveiled at an executive meeting on Wednesday.
The initiative to upgrade the nation from a big manufacturer to a manufacturing industry superpower is the key to helping China maintain economic growth at a medium-to-high level and to move up the global value chain.
The plan was first mentioned by China's Premier Li Keqiang in the Government Work Report at the annual session of the National People's Congress this month.
Li said at the session that the country will redouble its efforts to upgrade China from a manufacturer of quantity to one of quality.
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