China will strive to strengthen policy coordination on the basis of robust foreign trade in the industrial field to promote in-depth integration of its manufacturing sector into the global industrial system, a senior official from China's Ministry of Industry and Information Technology (MIIT) said on Friday.
Speaking at a press conference in Beijing, He Hailin, director of the Bureau of Operation Monitoring and Coordination at the MIIT, highlighted the rapid growth of China's foreign trade in industry over recent years, saying that industrial products now accounts for over 90 percent of the country's overall foreign trade.
Specifically, China will encourage multinational companies, particularly those in high-tech industries like biopharmaceuticals and electronic information, to establish research and development centers, pilot-scale testing platforms, and manufacturing bases in China.
The country will also encourage Chinese companies to strengthen cooperation with international partners by expanding overseas investments, setting up operations and licensing technologies.
Further efforts will focus on enhancing the global reputation of Chinese manufacturing brands, improving product quality, and supporting companies in improving global logistics and service systems, alongside the adoption of stronger brand protection measures.
The country will roll out action plans to accelerate the digital transformation of its manufacturing sector and promote integration of artificial intelligence (AI) in industrial upgrading.
The focus will also be on establishing smart factories and supply chains, developing smart logistics equipment, and creating cross-border e-commerce regulations for data flows, tracing product origin, and electronic signature systems in line with global standards.
"We will also push for improvements in the energy efficiency of key energy-consuming equipment, align ourselves with international rules on carbon footprint accounting and carbon markets, and guide the development of new energy products to meet global market demands during the energy transition," He noted at the press conference.
China to promote in-depth integration of manufacturing into global industrial system: official
