BEIJING, May 17 -- China will focus on smart manufacturing by integrating the strategy of "Made in China 2025" with the Internet Plus Initiative as well as entrepreneurship and innovation to upgrade the country's traditional industries and help advance economic restructuring.
The decision was made at a State Council executive meeting presided over by Premier Li Keqiang on Wednesday when a report on the strategy's implementation was delivered to participants.
Since implementing the strategy in 2017, the country has seen a steady progress in industrial capabilities, smart manufacturing, innovation, and product quality and branding. A recent case in point was the passenger jet C919 that took its first test flight earlier this month.
The meeting decided to focus on smart manufacturing and further deploy new technologies such as the industrial internet to make manufacturing a smarter and greener sector that offers better services and products.
Average productivity was up by 38 percent for China's first 109 pilot projects of smart manufacturing, while operating costs dropped by 21 percent, according to the Ministry of Industry and Information Technology.
The premier said "Made in China 2025", as a crucial part of the supply-side structural reform, is vital to moving the country's economy up the value chain. The key is to exploiting advantages of China's domestic market and human resources, as well as further promotion of basic research and innovations, he said.
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