Beijing — From an period when even fundamental requirements like matches and cleaning soap needed to be imported, China has remodeled into the world’s largest manufacturing powerhouse with probably the most complete vary of business sectors.
“China has all the time adhered to the trail of creating the true economic system… which has confirmed to be the proper path,” President Xi Jinping stated throughout his inspection tour of the Luoyang Bearing Group Co., Ltd. in Henan Province this week.
Because the spine of China’s manufacturing prowess, conventional manufacturing is important for stabilizing employment and monetary income and sustaining worldwide competitiveness.
At present, the value-added output of conventional industries, together with metal, non-ferrous metals, equipment and textiles, accounts for almost 80 p.c of the manufacturing sector’s complete.
Constructing a stronger manufacturing sector has been excessive on the agenda of Xi, who can be common secretary of the Communist Get together of China Central Committee and chairman of the Central Army Fee.
By underscoring the importance of know-how and innovation, he has spearheaded sweeping efforts to remodel and improve the nation’s manufacturing sector, a key step in advancing the nation’s high-quality improvement and modernization amid international financial uncertainties.
Throughout his home inspections lately, Xi has all the time visited enterprises and factories. He inspects manufacturing traces, engages in conversations with frontline employees, and features a firsthand understanding of the merchandise and the progress made in transformation and upgrading.
For example, in January 2025, whereas inspecting a chilly rolling mill of Bensteel Group in Liaoning Province, Xi visited the enterprise’s management middle to examine the operation of the centralized management clever system. He stated that the manufacturing sector ought to proceed to pursue increased requirements, smarter operations and extra eco-friendly improvement, and make extra technology-intensive merchandise with increased added worth.
Since introducing the idea of latest high quality productive forces in 2023, Xi has constantly highlighted that conventional industries are the cornerstone for creating these superior productive capabilities.
Throughout a deliberation on the annual nationwide legislative session final yr, Xi famous that creating new high quality productive forces “doesn’t imply neglecting or abandoning conventional industries.”
This level was additional strengthened in Could final yr when he visited Shandong Province and recommended Rizhao Port for its profitable transformation from a standard port into a contemporary one. “The port has not solely achieved top-tier cargo throughput nationwide however has additionally gained precious insights into fostering new high quality productive forces by the transformation and upgrading of conventional industries,” he stated.
Guided by his imaginative and prescient, China has made nice strides in rushing up the transformation and upgrading of conventional industries notably by digital empowerment and inexperienced transitions.
Applied sciences like industrial web, 5G, and AI have been extensively utilized in conventional industries. In 2024, funding in technological upgrades within the manufacturing sector elevated by 8 p.c yr on yr, outpacing the general funding progress.
In key energy-consuming industries reminiscent of chemical compounds, constructing supplies, metal, and non-ferrous metals, vitality consumption per unit of value-added output fell in 2024 from the earlier yr.
To appreciate Chinese language modernization, consolidating the nation’s industrial strengths has grow to be more and more very important. Conventional industries at the moment are being urged to maneuver up the worth chain, sustaining scale whereas bettering high quality.
A primary instance is the Luoyang Bearing Group Co., Ltd., which has leveraged innovation to attain breakthroughs in key applied sciences. Excessive-end bearings now account for 70 p.c of its complete output worth.
China should proceed to strengthen the manufacturing sector, adhere to the ideas of constructing self-reliance and energy… and domesticate a sturdy pool of high-quality expertise to advance Chinese language modernization, Xi famous throughout his go to to the corporate.
“Innovation is the lifeblood of producing, which implies mastering core applied sciences in key fields,” Xi stated. ∎
Beijing — From an period when even fundamental requirements like matches and cleaning soap needed to be imported, China has remodeled into the world’s largest manufacturing powerhouse with probably the most complete vary of business sectors.
“China has all the time adhered to the trail of creating the true economic system… which has confirmed to be the proper path,” President Xi Jinping stated throughout his inspection tour of the Luoyang Bearing Group Co., Ltd. in Henan Province this week.
Because the spine of China’s manufacturing prowess, conventional manufacturing is important for stabilizing employment and monetary income and sustaining worldwide competitiveness.
At present, the value-added output of conventional industries, together with metal, non-ferrous metals, equipment and textiles, accounts for almost 80 p.c of the manufacturing sector’s complete.
Constructing a stronger manufacturing sector has been excessive on the agenda of Xi, who can be common secretary of the Communist Get together of China Central Committee and chairman of the Central Army Fee.
By underscoring the importance of know-how and innovation, he has spearheaded sweeping efforts to remodel and improve the nation’s manufacturing sector, a key step in advancing the nation’s high-quality improvement and modernization amid international financial uncertainties.
Throughout his home inspections lately, Xi has all the time visited enterprises and factories. He inspects manufacturing traces, engages in conversations with frontline employees, and features a firsthand understanding of the merchandise and the progress made in transformation and upgrading.
For example, in January 2025, whereas inspecting a chilly rolling mill of Bensteel Group in Liaoning Province, Xi visited the enterprise’s management middle to examine the operation of the centralized management clever system. He stated that the manufacturing sector ought to proceed to pursue increased requirements, smarter operations and extra eco-friendly improvement, and make extra technology-intensive merchandise with increased added worth.
Since introducing the idea of latest high quality productive forces in 2023, Xi has constantly highlighted that conventional industries are the cornerstone for creating these superior productive capabilities.
Throughout a deliberation on the annual nationwide legislative session final yr, Xi famous that creating new high quality productive forces “doesn’t imply neglecting or abandoning conventional industries.”
This level was additional strengthened in Could final yr when he visited Shandong Province and recommended Rizhao Port for its profitable transformation from a standard port into a contemporary one. “The port has not solely achieved top-tier cargo throughput nationwide however has additionally gained precious insights into fostering new high quality productive forces by the transformation and upgrading of conventional industries,” he stated.
Guided by his imaginative and prescient, China has made nice strides in rushing up the transformation and upgrading of conventional industries notably by digital empowerment and inexperienced transitions.
Applied sciences like industrial web, 5G, and AI have been extensively utilized in conventional industries. In 2024, funding in technological upgrades within the manufacturing sector elevated by 8 p.c yr on yr, outpacing the general funding progress.
In key energy-consuming industries reminiscent of chemical compounds, constructing supplies, metal, and non-ferrous metals, vitality consumption per unit of value-added output fell in 2024 from the earlier yr.
To appreciate Chinese language modernization, consolidating the nation’s industrial strengths has grow to be more and more very important. Conventional industries at the moment are being urged to maneuver up the worth chain, sustaining scale whereas bettering high quality.
A primary instance is the Luoyang Bearing Group Co., Ltd., which has leveraged innovation to attain breakthroughs in key applied sciences. Excessive-end bearings now account for 70 p.c of its complete output worth.
China should proceed to strengthen the manufacturing sector, adhere to the ideas of constructing self-reliance and energy… and domesticate a sturdy pool of high-quality expertise to advance Chinese language modernization, Xi famous throughout his go to to the corporate.
“Innovation is the lifeblood of producing, which implies mastering core applied sciences in key fields,” Xi stated. ∎