In an article published in Qiushi journal on Tuesday, President Xi Jinping once again emphasized the importance of innovation to modern economy, and said that China should become a global center for science and innovation.
To achieve higher-quality development and become a strong manufacturing power, China needs to more vigorously promote innovation. China has been the largest manufacturing country for 11 straight years, accounting for nearly 30 percent of the global manufacturing output, according to the Ministry of Industry and Information Technology.
As for the country s value-added industrial output, it has reached 31.30 trillion yuan ($4.80 trillion), Minister for Industry and Information Technology Xiao Yaqing said on March 1. And as China s GDP reached 101.6 trillion yuan in 2020, narrowing the gap with the United States, it is likely to maintain its leading position in manufacturing for a long time to come.