date

China strengthens technology and manufacturing

China strengthens technology and manufacturing

The Communist Party of China is preparing a new five-year economic plan. The plan will focus on developing manufacturing and technology. The government aims to strengthen industry and maintain its position in competition with the United States.

Experts say China’s economy has become too dependent on manufacturing. This limits people’s purchasing power and slows economic growth.

The new plan focuses on artificial intelligence, electric vehicles, and energy sectors. However, measures to boost domestic consumption may remain limited.

China is expanding social support to improve people’s lives. But these steps are not yet enough to solve the country’s economic problems.

Ctrl
Enter
Found a mistake?
Select the phrase and press Ctrl+Enter
News » Technology » China strengthens technology and manufacturing