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China's manufacturers should transition from exporting products to exporting industrial capacities, ramp up localized operations abroad and avoid trade barriers, as part of a broader push to expand their footprint overseas, said Li Dongsheng, founder and chairman of Chinese consumer electronics maker TCL Technology Group Corp. |
The high-tech manufacturing sector has become an important driving force for China's high-quality development, said Li, who is a deputy to the 14th National People's Congress, China's top legislature. |
He highlighted the significance of technological innovation and capital input in bolstering the development of high-tech manufacturing. |
In his proposal to this year's two sessions, Li called for efforts to step up support for high-tech manufacturing enterprises in research and development input, improve financing environment, lower production costs and alleviate existing burdens on enterprises. |
Against the backdrop of an anti-globalization wave, Chinese enterprises, Li said, should improve layout in global industrial and supply chains, speed up localization efforts, and leverage cutting-edge technologies to strengthen competitiveness in high-end manufacturing globally. |
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