Workers conduct quality checks at the factory of an automobile manufacturer in Qingdao, Shandong province, in November. [PHOTO/XINHUA]
Authorities map blueprint for improving products, projects, and services for a decade
China has mapped out an outline for boosting its strength in product quality, fostering high-quality development, and promote the country's transformation from a major economy to a stronger one.
The document, which was jointly released by the Communist Party of China Central Committee and the State Council — the nation's Cabinet — and was made public on Monday, maps out a blueprint for improving the quality of products, projects, and services, and specified both short- and long-term strategy implementations over the next decade.
"As China is entering a new stage of high-quality development, carrying out the strategy will help meet people's growing need for better lives, move Chinese industries up to the medium-high end of the global value chain, speed up industrial transformation and upgrading, and promote high-quality development of the manufacturing sector," said Zhou Maohua, an analyst at China Everbright Bank.
Hong Yong, an associate research fellow at the e-commerce research institute of the Chinese Academy of International Trade and Economic Cooperation, said the new document marks the country's latest key move to foster high-quality economic development, as it aims to gain a key competitive edge in the global market, accelerate the pace of economic restructuring, improve the competitiveness of the manufacturing sector and increase consumer satisfaction.
Hong said the new document offers guidance and policy support for companies' future development, which will also help increase their profitability, boost the high-quality development of industries, upgrade services, and foster sustainable economic and social development going forward.
The nation's targets are that by 2025 the quality of products, projects, and services should be significantly improved, and major achievements should be made in brand building in China, according to the document. By then, China's economic structure should be further optimized, the capability for pursuing innovation will be raised notably, major progress should be made in building a modern economic system and the competitiveness of industry quality should be continuously enhanced, it said. By 2035, the foundation for building China's strength in product quality should become more solid, a culture that values high quality should be cultivated, and the comprehensive strength of China's product quality and brands will be further boosted, according to the document.