A senior Chinese Communist Party (CCP) official recently admitted that because China’s manufacturing industry was limited by China’s social system, a lack of talents, and other factors, and because key technologies were controlled by “others,” China needs at least 30 years to achieve the goal of becoming a manufacturing powerhouse.
The statement was made by Miao Wei, deputy director of the Economic Committee of the Chinese People’s Political Consultative Conference (CPPCC) and former Minister of Industry and Information Technology.