From 14th to 15th April, Nation Economic System Reform Conference 2016 was held in Beijing. Foshan is the only city that is invited to make a speech.

Deputy secretary, acting mayor of Foshan, Zhu Wei shared the experience to build a new trend in traditional industry innovation.

As stated by Zhu Wei, Foshan is now focusing on internet plus and intelligent manufacturing. The transition in industries will make the production more intelligent, skillful and green.This year, 100 robot demonstration production lines are to be established in traditional industry such as Ceramics, textile, home appliances.

At present, Foshan is creating a better environment for traditional industries transition with new policy and system. By the end of last year, Foshan was approved to implement the pilot project on manufacturing transition. March this year, Foshan will initiate the pilot proposals in second quarter. Currently, relevant proposals are being designed, which is to help lower the price, rational funding, boost innovation, open the market and strengthen the security system.

A-shares listed companies like Midea, FSPG, Vanward, YIZUMI, Dong Fang Precision will highly benefit from the system upgrade.