China must improve business environment for manufacturing, says Premier LiStaff Writer | August 28, 2017
China should provide more fundraising services to companies, especially smaller firms, and look at fiscal and tax policies that support upgrading its manufacturing sector, Premier Li Keqiang said in remarks published on the government’s website.
Asia Market entry barriers should be lowered
China has put forward its Made in China 2025 strategy, which aims to improve Chinese manufacturing and make Chinese firms world technology leaders.
Li’s comments at a meeting with representatives from government departments and companies on Friday were published on the government’s website on Sunday.
“Manufacturing is the foundation of economic development. In order to upgrade China’s economy and realize new industrialization, we must rely on strengthening Chinese manufacturing,” Li said. ■