Latest news with #LuoyangBearingGroup
RTHK
20-05-2025
- Business
- RTHK
Xi makes inspection trip to Henan province
Xi makes inspection trip to Henan province President Xi Jinping visits Luoyang Bearing Group. Photo: Xinhua President Xi Jinping has underscored unwavering confidence in boosting high-quality development and enhancing governance efficiency, while urging Henan province to write a new chapter in advancing Chinese modernisation. Xi made the remarks during his inspection tour of the cities of Luoyang and Zhengzhou in Henan on Monday and Tuesday. The president emphasised that the province should focus on building a modern industrial system and strengthening its agricultural capacity, improving people's well-being and social governance, enhancing ecological and environmental protection, and promoting cultural prosperity. On Monday afternoon, Xi visited Luoyang Bearing Group Co., Ltd. It is imperative to maintain a robust and reasonable share of the manufacturing, a key pillar of the national economy, in the process of advancing Chinese modernisation, he said. "Modern manufacturing relies on sci-tech empowerment," Xi said, while calling for greater efforts in the quest for core technological breakthroughs and pursuit of a path of independent innovation. The president then visited the White Horse Temple, where he learned about the adaptation of Buddhism to the Chinese context and local efforts to preserve cultural relics. At the Longmen Grottoes, an over 1,500-year-old Unesco World Heritage site which also represents the pinnacle of Chinese stone carving art, Xi underlined the importance of preserving, inheriting and promoting these treasures of Chinese culture. The integration of culture and tourism holds great potential, the president said, requiring efforts to promote the high-quality development of the sector and turn it into a pillar industry that benefits the people and enriches their lives. (Reporting by Xinhua)
South China Morning Post
20-05-2025
- Business
- South China Morning Post
China's Xi doubles down on self-reliance, rallying officials to bolster manufacturing
President Xi Jinping says self-reliance in advanced manufacturing is the right path for China and the bedrock for its future economic development, sending a clear message on Beijing's commitment to extending made-in-China advantages as external uncertainties weigh on the economy. Advertisement His comments came on Monday while visiting a state-owned producer of bearings in Luoyang city, Henan province, where he rallied officials to dial up efforts to develop the manufacturing sector. 'China has always adhered to the path of developing the real economy. From the past reliance on imported matches, soap and iron, to now becoming the world's largest manufacturing country with the most complete industrial categories,' Xi was quoted by Xinhua as saying. 'We have taken the right path,' he told workers at the factory of the state-owned Luoyang Bearing Group, whose history dates back to the 1950s and whose products were used in key national projects such as the Three Gorges Hydropower Station and manned spaceships. 'We must continue to empower manufacturing sectors, insist on self-reliance and try to grasp core technologies.' Xi added that China also needs to promote production-education-research integration, as well as the cultivation of a high-calibre labour force. 01:22 China rolls out world's largest fleet of driverless mining trucks powered by Huawei tech China rolls out world's largest fleet of driverless mining trucks powered by Huawei tech The reinforced emphasis on manufacturing and tech upgrades comes at a time when China is locked in a trade and tech rivalry with the United States, and against the backdrop of intensifying geopolitical complexities.
