Xi Urges China to Strengthen Advanced Manufacturing Amid Weak Domestic Demand
Chinese president calls for smarter, greener industrial development and more resilient supply chains as consumption growth slows
Chinese President Xi Jinping has called on the country to strengthen its advanced manufacturing sector, urging a shift toward smarter, greener industrial development and more resilient supply chains, according to a report by Anadolu Agency.
The remarks come as China's domestic consumption growth has slowed, prompting the government to look toward the manufacturing and industrial sectors as a source of economic resilience, the report said.
Xi's comments were framed around the need for more advanced production capabilities, according to Anadolu Agency, though the report did not specify the exact venue or occasion at which the remarks were made.
The call for stronger, more technologically advanced manufacturing aligns with broader efforts by Chinese authorities to modernize industry and reduce reliance on lower-value production, the report indicated.
Anadolu Agency's report did not provide additional details on specific policy measures or timelines associated with Xi's statements.
Sources
- Xi urges China to strengthen advanced manufacturing amid weak domestic demand — Anadolu Agency (Turkey)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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