An employee inspects an automated guided vehicle at a Lonyu Robot Co factory in Tianjin on September 7. Photo: Reuters
China pushes hi-tech factories to reassert manufacturing dominance and avoid the ‘middle income trap’
- The Chinese government is supporting R&D efforts for advanced manufacturing, bringing more automation and robots to the factory floor
- Beijing worries the economy could shift to services too quickly and aims to keep manufacturing above 25 per cent of GDP, similar to South Korea
An employee inspects an automated guided vehicle at a Lonyu Robot Co factory in Tianjin on September 7. Photo: Reuters