China says that China says manufacturing "greatness" up to 30 years away Published 12 hours agasoshalecloshare pagecopy Linkabout SharingImage CopyrightQilai Shen

China is at least 30 years away from becoming a manufacturing nation of "Great Power," said a government adviser to the party delegates on Sunday.

Many observers already see China as the "World Factory", given that more than a third of the global production of automobiles to telephones comes from there.

But China's leaders are concerned about their heavy dependence on the US. UU for high-tech products as semiconductors.

"Basic capabilities are still weak" Miao Wei warned Sunday.

"The main technologies are in the hands of others" and China runs the risk of "being hit in the throat" warned Mr. Miao, who was Minister of Industry and Information Technology during a decade.

He now is a member of the Chinese Parent Policy Advisory Conference (CPPCC), the main advisory body to the Government.

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  • China requires a New foreign investment in the first place of us" target="_BLANK">although China still produces a significant amount of consumers and industrial products, their manufacturing production as part of its economy has decreased.

    last year, the manufacturing represented a little more than a quarter of the gross domestic product (GDP), the lowest level since 2012.

    "The proportion of the production of Manufacturing to GDP has been decreasing too soon and too fast, "Miao said in a speech to CPPCC delegates in the Great Hall of People in Beijing.

    "China's manufacturing industry has great achievements in recent years, but the situation of being great, but not strong and complete, but it is not good, it has not been fundamentally changed," added Miao.

    Tech Battle

    China also established its economic plan project for the next five years. He wants to accelerate the development of advanced chip technologies to artificial intelligence.

    Establishing your own world-class household chips manufacturers have become a major priority for Chinese leaders.

    Your five years plan Objectives Seven strategic areas considered essential for national security and include AI, quantum computing, neuroscience and aerospace.

    The plane reiterates China's desire to increase competitiveness in the development of aircraft, robotics and new energy vehicles.

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