China’s hi-tech medical equipment sector looks to be eligible for a big injection of state financing. Photo: XinhuaChina’s hi-tech medical equipment sector looks to be eligible for a big injection of state financing. Photo: Xinhua
China’s hi-tech medical equipment sector looks to be eligible for a big injection of state financing. Photo: Xinhua

China to pump hundreds of billions of yuan into key industry projects, with ‘no need to cover up its ambitions’ 

  • Manufacturing and technology projects deemed critical to China’s economy are getting a boost under President Xi Jinping’s new strategy of self-reliance
  • The effort comes as a growing list of Chinese businesses, including Huawei, have been blacklisted by Washington, restricting their access to American products and technologies

Topic |   China economy
China’s hi-tech medical equipment sector looks to be eligible for a big injection of state financing. Photo: XinhuaChina’s hi-tech medical equipment sector looks to be eligible for a big injection of state financing. Photo: Xinhua
China’s hi-tech medical equipment sector looks to be eligible for a big injection of state financing. Photo: Xinhua
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