China’s State Council has unveiled a ten-year national plan, Made in China 2025, designed to transform China from a manufacturing giant into a world manufacturing power. The plan, endorsed by Premier Li Keqiang , is the country’s first action plan focusing on promoting manufacturing, a notice said on Tuesday. The plan will be followed by another two plans in order to transform China into a leading manufacturing power by the year 2049, which marks the 100th anniversary of the founding of the People’s Republic of China. Nine tasks have been identified as priorities: improving manufacturing innovation, integrating technology and industry, strengthening the industrial base, fostering Chinese brands, enforcing green manufacturing, promoting breakthroughs in 10 key sectors, advancing restructuring of the manufacturing sector, promoting service-oriented manufacturing and manufacturing-related service industries, and internationalizing manufacturing. The 10 key sectors are new information technology, numerical control tools and […]