Why manufacturing is still key to China’s development goals

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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...