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China to Reassert Global High Tech Manufacturing Dominance


#China #robots #manufacturers #innovation

A new generation of robots Beijing wants to shift the country’s manufacturing up the value chain“– Paul Ebeling

  • China ramps up credit, tax support for manufacturers
  • Focuses on high-tech industries to climb up value chain
  • China counts on manufacturing, not services, to drive ascent
  • Pandemic highlights China’s dominant role in supply chains
  • US tech curbs hardens China’s resolve to spur innovation

China’s advanced manufacturing industry grew rapidly in the 13th Five-Year (2016-20) Plan period becoming a driving force for the development of the manufacturing industry

Have a prosperous day, Keep the Faith!

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Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.