China to boost industrial recovery with targeted measures

(Xinhua) 08:10, December 26, 2023

BEIJING, Dec. 25 (Xinhua) -- China will take further measures to step up the country's industrial development next year on the basis of the current steady recovery in the sector, according to the Ministry of Industry and Information Technology (MIIT).

The country will beef up policy support for the stable development of key industries, promote sci-tech innovation, expand demand, and help reduce the cost of industrial companies, Tao Qing, head of the bureau for operation, monitoring and coordination with the MIIT, said in a recent interview.

Since the start of this year, the industrial economy has shown steady recovery and a good momentum amid fluctuations, with policy efforts taking effect and the foundation consolidated, Tao said.

Xie Cun, head of the bureau for information and communications development with the MIIT, said China aims to accelerate the construction of 5G networks and gigabit optical networks, and continue to promote innovative breakthroughs in core devices.

(Web editor: Zhang Kaiwei, Liang Jun)


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