Shanghai eyes progress in smart manufacturing

BEIJING, Aug. 24 (Xinhua) — Shanghai’s Economic and Information Technology Commission issued a guideline on Tuesday on pushing forward development of the smart manufacturing sector, reported Xinhua-run

By 2020, an array of smart manufacturing factories is expected to be set up across Shanghai to better coordinate with the country’s Made in China 2025 plan, a ten-year national plan designed to transform China from a manufacturing giant into a world manufacturing power.

The city will accelerate construction of key platforms including a robot testing and assessment center and a robot quality supervision and inspection center, as well as several national level innovation centers and information security supervision platforms.

Leading A-share manufacturing enterprises in Shanghai including Baoshan Iron & Steel (600019.SH), Shanghai East-China Computer (600850.SH) and Shanghai Mechanical & Electrical Industry (600835.SH) are expected to benefit from the city’s booming smart manufacture sector. Enditem


Leave a Reply