China’s Ministry of Industry and Information Technology announced Monday that it approved the establishment of three new national manufacturing innovation centers.
China’s Ministry of Industry and Information Technology announced Monday that it approved the establishment of three new national manufacturing innovation centers (MICs).
The innovation centers, backed by research or tech firms in Zhejiang, Jiangxi, and Sichuan provinces, will focus on graphene, virtual reality, and ultra-high-definition video industries, respectively, said the ministry.
The centers will concentrate on key generic technologies and enhance technological research and development in these industries.
The ministry said it would guide the new MICs to improve their abilities to seek technological innovation to provide strong support for the high-quality development of primary fields in manufacturing.
MICs are centers of excellence that focus on building industry-specific Manufacturing ecosystems. They enable access to small, medium, and large businesses, connecting manufacturing assets to our manufacturing Innovation platform, national policy development, industry awareness, and workforce development.
China has constructed 23 national manufacturing innovation centers and those jointly built by the central and local governments, and offered support in the construction of 125 basic public service platforms for industrial technology. Innovation is now taken as a priority in developing the manufacturing industry, to make the sector healthier and more robust.
China has maintained the largest producer of over 40 percent of the world’s 500 major industrial goods.
These inspiring achievements mirror the steady growth of China’s manufacturing sector in terms of both quantity and quality. The Chinese manufacturing sector, with a more complete industrial system and supply chain, has come to a new level regarding comprehensive strength, innovation capability and competitiveness.
Innovation and key technologies remain the core competitiveness of the manufacturing sector. As of 2021, investment in the sector’s R&D had reached 1.54 percent, up from 0.85 percent in 2012, and the figure stood at 10.3 percent among specialized and sophisticated enterprises that produce new and unique products. More than 570 Chinese industrial companies made their way onto the list of the global top 2,500 companies in terms of R&D investment.
Many of the MICs extend their reach through various satellite locations.