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Made in China 2025

Updated: 2017-07-18 | By:

Made in China 2025

On May 8, 2015, China's State Council unveiled its first 10-year national plan for transforming China's manufacturing, entitled "Made in China 2025". The plan is designed to put China on a new path to industrialization, with greater emphasis on innovation, expanded use of new-generation information technology, intelligent manufacturing, consolidation of the industrial base, integration of industrial processes and systems, anda robust multilayer talent development structure. Measures taken in this respect will facilitate China's transformation from a manufacturing giant with a focus on quantity to one with a qualitative edge.

Specifically, the ten-year plan envisions the successful completion by 2020 of the process of basic industrialization, further consolidating China's position as a manufacturing powerhousethat increasingly relies on cutting-edge information technology. It also foresees a significant leap in China's overall manufacturing capability by 2025, characterized by markedly reinforcedinnovative ability, greatly improved overall productivity, and a new level of integration of industrial processes and information technology.

The implementation of the plan will expand the scope for cooperation between China and the rest of the world in a joint effort to propel new progressin the global manufacturing sector.