Business
China still 30 years from being a top manufacturer: Ex-minister – Al Jazeera English
Former industry minister Miao Wei says China’s basic capabilities are ‘still weak’, risks have significantly increased.
China is at least 30 years away from becoming a manufacturing nation of great power, according to a former industry minister, despite boasting the worlds most complete industrial supply chains.
In recent years, China has become the worlds top manufacturing nation, accounting for more than a third of global output, driven by domestic demand to produce everything from motor vehicles to industrial machinery. But its industries heavy dependence on US high-tech products such as semiconductors constituted…
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