Guidance on Strengthening International Cooperation and Raising Chinese Industries’ Position in Global Value Chains

In order to implement the requirements of “raising Chinese industries’ position in global value chains” put forth at the 5th Plenary Session of the 18th CPC Central Committee, the Ministry of Commerce, together with National Development and Reform Commission, Ministry of Science and Technology, Ministry of Industry and Information Technology, the People’s Bank of China, General Administration of Customs, and National Bureau of Statistics jointly released Guidance on Strengthening International Cooperation and Raising Chinese Industries’ Position in Global Value Chains (hereinafter referred to as the Guidance) recently.

The Guidance proposed to strengthen international cooperation and raise Chinese industries’ position in global value chains. It will conduce to raising people’s awareness of the importance to participate in global value chains, guiding local departments to combine with practice, explore new routes and measures to strengthen cooperation in global value chains and promote the transformation of China’s supply-side structure reform and economic development modes.

Source: http://english.mofcom.gov.cn/article/newsrelease/significantnews/201612/20161202059169.shtml

Advertisements

Leave a comment

Filed under Economy outlook

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s