China’s next decade to cement status as hi-tech manufacturing powerhouse: reports

China is expected to solidify its position as a hi-tech manufacturing powerhouse over the next decade as it edges closer to “innovation and excellence” alongside the United States, Germany and Japan, according to new reports issued by Chinese institutions. The documents, published on Tuesday, stated that China had achieved its “strategic goal” of becoming the world’s fourth-most-advanced “manufacturing power” in 2024, adding that the sector would play a central role in “real” economic...