Striving for Quality

By setting forth that the country’s economy will be characterized by more innovative manufacturing, a securer financial system, a more open and green economy, more affordable housing and improved standards of living for the people, the annual Central Economic Work Conference in fact mapped out a blueprint for China’s development over the next 30 years and beyond.

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From “Made in China” to “Intelligent Manufacturing from China”

China seized its opportunity at the end of last century to develop manufacturing industry when the third industrial revolution and globalization was in full swing, adding powerful fuel to China’s economic growth. Over four decades since the start of reform and opening up, China grew rapidly into the “world’s factory”, and “Made in China” began to bring its prominent cost advantage into play.

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