Gov't Announces Plan to Upgrade Factories over Next Decade

(Beijing) – The State Council has unveiled a 10-year plan for upgrading China's manufacturing capacity so it can catch up with production powerhouses like Germany and fend off competition from other developing countries.

The Ministry of Industry and Telecommunication Technology (MIIT), which led the planning of the "Made in China 2025" plan, said the strategy is intended to give China an edge in innovation, green development and quality goods.