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China to introduce new measures to boost manufacturing industry in 2019
2019-01-11 10:47     Source : CGTN

China will roll out new measures to promote the high-quality development of the manufacturing industry, said Miao Wei, minister of the Ministry of Industry and Information Technology (MIIT) on Thursday.

China will further adjust the industrial structure and change the mode of development. An index system should be identified, and both the policy system and the assessment system will be considered, said Miao. Weak points of the key common technologies from products in the lab to those in the factory will be addressed.

A production line in Xianyang, Shaanxi Province. /VCG Photo

Starting from this year, the country will intensify efforts to support provinces that did not reach the de-capacity goal set in the 13th Five-Year Plan (2016-2020). During the period, China aims to cut the coal production capacity of up to 500 million metric tons and the crude steel production capacity of 150 million tons.

The country will also continue to streamline administration and delegate power to the lower levels, and further open its market, Miao added.

Editor: 鄭思慧
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