Xi vows to lift manufacturing capacity, won’t rely on imports

Source: manilastandard.net manilastandard.net

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BEIJING, China—President Xi Jinping vowed to boost the country’s manufacturing capacity and not rely on overseas markets, state media reported Monday. Speaking at the annual gathering of the rubber-stamp parliament in Beijing on Sunday, Xi said China should be able to fend for itself. “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 a strong manufacturing sector,” Xi said, according to the state-run People’s Daily. “As a great nation of 1.4 billion people, we must rely on ourselves,” Xi added. “We can’t depend on international...