Category: Economy
March 22, 2023China will focus on high-end manufacturing development

China will focus on high-end manufacturing development China’s Premier Li Qiang announced on Wednesday that the government plans to support advanced manufacturing. The authorities will strengthen their policy guidance to bolster this sector. China is the second-biggest economy around the globe, while the United States takes first place. However, the two countries are engaged in a longtime rivalry, both straining to gain more influence. Currently, America is gaining the upper hand. Meanwhile, Beijing is trying to counteract the latter’s actions. In the United States, national security recently restricted access to Chinese semiconductors, as well as AI technology. Li stated that […]

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