At a State Council Information Office press conference yesterday (October 26) on recent production, consumption, and import-export data and policies, officials from the Ministry of Industry and Information Technology (MIIT) announced plans to expedite large-scale equipment renewal programs and implement technological transformation initiatives for manufacturing. Concurrently, efforts will accelerate the development of new quality productive forces to advance the quality upgrading of traditional industries.
At the same time, we will accelerate the development of new quality productive forces to advance the quality upgrading of traditional industries, consolidate and strengthen the competitiveness of key sectors such as new energy vehicles (NEVs) and nuclear power equipment, promote technological innovation and scaled development of emerging industries including intelligent connected vehicles and new materials, while making forward-looking arrangements for future industries like artificial intelligence and quantum technology.
Zhao Zhiguo, Spokesperson and Chief Engineer of the Ministry of Industry and Information Technology (MIIT): We will ensure the effective implementation of pro-enterprise policies, continue efforts to reduce burdens on businesses, and help them cut costs and enhance efficiency. We will advance high-level opening-up in the manufacturing sector and foster a world-class, market-oriented, law-based, and internationalized business environment. Financial services will be strengthened to facilitate a virtuous cycle linking "innovation, industry, and finance.
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