China aims to have its manufacturing companies fully digitized by 2035, with breakthroughs in various types of intelligent manufacturing equipment, key parts, devices and software, amid increasing technological blockades by the US.
As part of a draft action plan released by the Ministry of Industry and Information Technology (MIIF) on Wednesday, 70 per cent of the intelligent manufacturing equipment and 50 per cent of industrial software will be supplied domestically.
China also aims to formulate . . .
To continue reading, please subscribe. What will you get?
- ORIGINAL, DATA-DRIVEN & IN-DEPTH STORIES
- THE WIRE - Walk you through every trading day in mainland China and Hong Kong.
Real-time experience - Up-to-the-minute updates of market-moving news and views.
All-in-one platform - Information collected via a network of journalists, traders, brokers, analysts, etc. and from multiple credible news outlets in mainland China.
Details - General information is everywhere, but information with details is rare.
- WEEKLY NEWSLETTER - A summary of the week's top news distilled into one email.
Already have an account? Sign In