BEIJING - China is at least 30 years away from becoming a manufacturing nation of “great power”, a former industry minister said on Sunday, despite boasting the world’s most complete industrial supply chains.In recent years, China has become the world’s top manufacturing nation, accounting for over a third of global output, driven by domestic demand to produce everything from motor vehicles to industrial machinery. But its industries’ heavy dependence on U.S.
As the Chinese economy pivots towards a services-based model and polluting smoke-stack factories are mothballed, manufacturing output as a share of the economy has declined. In 2020, manufacturing accounted for slightly over a quarter of gross domestic product, the lowest since 2012. President Xi Jinping said in November that innovation in the manufacturing industry is far from adequate, and firms need to tackle “bottleneck” technologies to become fully innovative.
There are many problems restricting the high-quality development of Chinese manufacturing, but the most fundamental one is insufficient market-oriented reforms, Miao said.
But they will settle for Great World Polluters instead. 🏭💨
Where's he from, the 1980's? They're already there.
China has been making progress, and victory belongs to the industrious people.
I thought China made nearly everything already?
Robots already make 100% vehicles in some factories
한국의 헌법재판소---어긋진분야만 치급하는듯 잘못된사고와 잘못된 법은 잘모르시는듯--전공이 아니시라는듯 ---독일법을 배우신듯 영국의 4번째 세계법과 영국 -러시아의 5번째 세계법(러시아) G짱(장호준)이론에서의 ***법--밝히면 죽어요---공부를 더하셔야할듯 Bbf이론의 세계적인 3대법이지요
They just eliminated poverty.
Americans who should already open their eyes 👀
And if they do, how long will China stay at the top?
AND 'CHINA WON'T EAT OUR LUNCH' TOO. C'MON, MAN!
America are 30 years away from turning every country into warzone.
While usa poisoning their sheeple
Unfortunately in 30 years a shrinking young population will bite USA still has alot going for it but its population will need to go through alot of pain in the short term
Look here 30 years away from now many country will rise and China will be less governments must be productive and independent and never relax on China if China can do copy we can do better Western value and African value can not be less than greater... Godcomment...
假货大国Big country of fakes
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What ever China still has many advantages over USA. Huge motivated labor force. Cheaper costs. True U.S owns huge intellectual property compared to China but U.S capitalists more inclined to outsource to China than locally produce. No nation will be great with partial employment!
Doesn't make sense in a World where British, Americans, Germans, Dutch and French live in.... This is more like motivational before destroying it.
Hopefully, that ambitious aim wouldn't be at the expense of vital, common natural resources.
China has overtaken the United States economically.
That’s assuming that the CCP will still exist. Who’s to say the people of China won’t revolt and overthrow the communist regime? Then what happens?
The rise of a middle class is going to cause some issues.
Anything I appear to buy made in China is garbage, why buy from a dictatorship that imprisons or murders it’s population?
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