Liu Yangwei, the chairman of Foxconn, advocated for a regional manufacturing system centred on China in his address at the "Revival of Asian Manufacturing Industry" session of the Summer Davos Forum in Tianjin today. He emphasised the significance of the secondary sector, particularly manufacturing, as a stabilising societal force due to its vast employment potential.
In Liu's perspective, the manufacturing sector plays an essential role in bolstering societal prosperity and individual wellbeing. He believes that Asia, as China's neighbour, is uniquely placed to capitalise on China's status as the world's premier manufacturing base to foster regional. . .