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China’s push to attract more high-tech manufacturers

FILE PHOTO: Employees work at a production line in a factory, and exporting of video cameras in mobile phones, in Shenyang, Liaoning province, October 18, 2013. REUTERS/Stringer/File Photo

BEIJING (Reuters) – China will insist on the recruitment of high-tech manufacturers in the world, ” No.” 2 the economy of the nation ‘ s trade ministry said late on Friday, without giving further details.

The comment came as the nation’s exports unexpectedly returned to growth in July, an increase of the global demand, in spite of the increasing AMERICAN trade press.

The Commerce Department said in its statement that it is expected that the size of the output is set to “expand rapidly” in the second half of the year is 2019.

China on Tuesday said it would implement a special tax and fiscal policy in the newly expanded Shanghai Free Trade Zone, and the assignment of crude oil import licenses to qualified firms, and the provision of preferential tax policies for enterprises engaged in the artificial intelligence, artificial intelligence, aerospace, semi-conductor and bio-pharmaceutical industry.

Reporting Muyu Xu and Tony Munroe; Editing by Joseph Radford

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