Experts: China remains key link in supply chain

Nation urged to further leverage its advantages in market, manufacturing

China will retain its position as a key global manufacturing hub, as the supply chain diversification moves by certain multinational companies are gradual and limited only to low-end sectors, according to senior analysts and business leaders.

They also emphasized that the country's continuous efforts to promote industrial upgrade and deepen opening-up will further cement its status in the global supply chains.

However, they suggested that the country should make more efforts to strengthen international cooperation and create a level playing field for market entities, while leveraging the advantages of a huge domestic market and manufacturing capability to attract more foreign investors, especially in advanced manufacturing, consumer products and services industries.