China’s manufacturing advantage at risk as restrictions mount and competition intensifies, leading engineer warns

Source: China – South China Morning PostYears of imitating others’ innovations and relying on imports are among the reasons China is still a long way from becoming a hi-tech manufacturing powerhouse, according to a leading engineer who advises the Chinese government.“The next 15 years will be a critical period for our nation’s manufacturing industry to grow stronger,” Chen Xuedong, a member of the Chinese Academy of Engineering, said at an event in Beijing on Saturday.As China faces growing restrictions over its access to foreign…Read More

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