BEIJING, Sept. 2 (Xinhua) — Chinese industry authorities on Saturday unveiled a plan to keep the country’s machinery industry growing steadily in the 2023-2024 period.
China expects the operating revenue of the industry to reach 8.1 trillion yuan (about 1.13 trillion U.S. dollars) by 2024, according to the plan jointly published by the Ministry of Industry and Information Technology and six other government departments.
The growth target will translate into an average annual increase of more than 3 percent in operating income.
The plan mainly focuses on 11 sectors, including machine tools, agricultural machinery and construction machinery.
Efforts will be made to expand demand, promote intelligent transformation of the manufacturing industry, improve supply quality, and make policy implementation more targeted.
2023-09-04 01:48:21
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