During the National People’s Congress, Xi Jinping started off by highlighting plans to develop China’s high-end manufacturing. The Chinese President went on to say the manufacturing industry must always be a pillar of strength for China. telling delegates from Jiangsu province.
A natural response to the U.S. trade sanctions that hit China. Further escalating tensions between the two countries. Furthermore, India has emerged as an alternative to cheap manufacturing, which Apple has already taken advantage of.
“I’ve always said there are two critical areas for China: one is to safeguard our rice bowl, and the other is to build up manufacturing… As a great nation with 1.4 billion people, we have to rely on ourselves to resolve those two issues. We can’t rely on international markets to save us.” Xi Jinping reminds the nation.
