Over the next two decades, China is gearing up to transform its manufacturing landscape by combining innovation with affordability. Zhu Min, a senior expert at the China Center for International Economic Exchanges, shared this ambitious vision, stating, “The aim for the next 20 years is to integrate innovation with China’s manufacturing industry to make it affordable, high quality, and high-tech.”
This move could mean more advanced and affordable products making their way to markets around the world, including nations in the Global South. China’s focus on high-tech yet cost-effective manufacturing might bring better technology within reach for many young people globally.
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China's manufacturing in next 20 years aims to be cheap and high-tech
cgtn.com
