To become a developed nation, China must still prioritise manufacturing

Following the Communist Party of China’s fourth plenum, debate has intensified over the direction of the country’s economy, with manufacturing remaining a central pillar of Beijing’s ambitions for the coming decade.
The Communist Party’s Central Committee’s recommendations for the 15th five-year plan, released on October 28, reaffirm China’s goal of achieving socialist modernisation by 2035, measured by gross domestic product (GDP) per capita – a vision outlined in the 14th five-year plan and…