ChinaUS EUROPEASIA 中文双语Français

China's remanufacturing industry to hit 200b yuan by 2020

Xinhua | Updated: 2017-11-22 16:14

BEIJING — The gross market value of China's remanufacturing industry is expected to reach 200 billion yuan ($30 billion) by 2020, according to the Ministry of Industry and Information Technology (MIIT).

In the coming three years, key fields, including medical imaging facilities, heavy machinery and oil and gas production equipment, will be prioritized in development, said the MIIT in a high-end smart remanufacturing action plan.

The plan said the country will promote the use of green technology in remanufacturing, such as additive manufacturing, smart manufacturing and nondestructive testing.

By 2020, a series of breakthroughs shall be made in generic technology, while 50 standards should be published on management, technology, equipment and assessment.

The country will provide support for 100 enterprises covering different links in the high-end smart remanufacturing industry, according to the plan.

International exchange in this field will be encouraged, said the plan.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349