XUZHOU, Jiangsu, Dec. 13 -- Chinese President Xi Jinping called for more innovation in the equipment manufacturing sector to accelerate China's drive toward becoming a manufacturing powerhouse and bolster the real economy.
Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, made the remarks during a two-day inspection tour in Xuzhou, eastern China's Jiangsu Province.
Xuzhou Construction Machinery Group Co., Ltd. (XCMG), a leading homegrown manufacturer, was his first stop on Tuesday.
"Innovation is the source of business core competitiveness," Xi said after being briefed about XCMG's intelligent assembly lines and big data platform. Thanks to self-developed heavy-duty machines, XCMG is swiftly increasing its share in the global market.
China should ramp up investment and channel more energy into research and development to spur the development of the equipment manufacturing sector, Xi said. "Many core technologies cannot be bought."
Xi urged a shift from "Made in China" to "Created in China," stressing more emphasis on quality rather than speed, and encouraging homegrown manufacturers to build their own brands.
Highlighting the role of state-owned enterprises, Xi said they should serve as a major force in the supply-side structural reform, aiming for international standards and leading domestic industries to move up global value chain.
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