China urges its consumer goods firms to make more 'innovative' products

11/1/2022 7:26:00 AM

China, Consumer Products

China urges its consumer goods firms to make more 'innovative' products

ReutersBEIJING - China's industry ministry on Monday (Jan 10) proposed guidelines that it said it hoped could encourage its consumer goods enterprises to be more innovative with their products, giving examples such as smart rice cookers and robot vacuum cleaners.

The Ministry of Industry and Information Technology (MIIT), said the guidelines were aimed at the country's "light industry", defined as enterprises that make consumer goods and tools, said the sector faced as an insufficient supply of mid-to-high end products and a lack of globally well-known brands.

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Reuters BEIJING - China's industry ministry on Monday (Jan 10) proposed guidelines that it said it hoped could encourage its consumer goods enterprises to be more innovative with their products, giving examples such as smart rice cookers and robot vacuum cleaners. The Ministry of Industry and Information Technology (MIIT), said the guidelines were aimed at the country's "light industry", defined as enterprises that make consumer goods and tools, said the sector faced as an insufficient supply of mid-to-high end products and a lack of globally well-known brands. Travel restrictions ordered by her husband's employer and children's school mean that they could be penalised for having a family member who has travelled out of Beijing. Examples of products it is encouraging the industry to produce include computer enabled rice cookers, shoes with location functions aimed at children and the elderly and liquor with a lower alcohol content for younger consumers. Sri Lanka has benefited from billions of dollars in soft loans from China but the island nation is currently in the midst of a foreign exchange crisis placing it on the verge of default, according to analysts. It also said that by 2025 it hoped to see an improvement in the prestige of China's brands and its position in the world's manufacturing value chain. "I haven't seen them in almost three years. It gave specific suggestions for each product category.03 billion deal with the Thais.

"Diversified, trendy, individualised and low-alcohol liquor products should be developed aiming at younger consumers and foreign consumers," it said. With the Chinese New Year travel season fast approaching, the government is actively discouraging people from travelling during a festival celebrating reunions and togetherness. Over the past decade China has lent Sri Lanka over US$5 billion (S$6. The document is open to public feedback until Jan 20, it added. READ MORE: If you don’t like our faces, listen to our fortnightly podcast E-Junkies where we lepak one corner with famous people # . This year's holiday travel season lasts 40 days between Jan 17 and Feb 25, a period known as the world's largest human migration.