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China accelerates modernization of industrial system
By Wang Hao, Qi Zhiming, Ge Mengchao, People’s Daily
Over the recent years, China has thoroughly implemented an innovation-driven development strategy to promote the optimization and upgrading of its industrial structure. Accelerating the modernization of the industrial system remained one of the key focuses of the government work report this year.
China boasts the most complete industrial system in the world, and the demand in its domestic market has the greatest potential globally. Accelerating the industrial structure upgrading and building a modern industrial system that’s independent, controllable, safe, reliable and highly competitive is key to future development.
Traditional industries are the foundation of the modern industrial system. At present, China is vigorously promoting the upgrading of traditional industries.
Traditional industries are moving towards higher-end, exploring new development paths.
Wang Lanyu, general manager of HBIS Group, a Chinese steelmaker, told People’s Daily that the company has been making ceaseless efforts to deepen supply-side structural reform, develop high-end products, and strive for a higher stage of well-adjusted balance where demand drives supply and supply, in turn, creates demand.
“We are exploring the new arena of intelligent connected new energy vehicles (NEVs) and have launched high-end smart electric vehicles to better meet the demand of the market,” said Zhang Xinghai, vice chairman of the All-China Federation of Industry and Commerce and chairman of Seres, a Chinese electric vehicle manufacturer.
China has fastened its steps on a new path to industrialization as the industrial structure is optimizing and the quality of products keeps improving. High-tech manufacturing and equipment manufacturing accounted for 15.5 percent and 31.8 percent of the total value added of industrial enterprises above designated size, respectively. China has maintained the world’s largest producer and seller of NEVs for eight consecutive years.
Traditional industries are becoming intelligent and more competitive.
Only by grasping the opportunities of digital upgrading can enterprises stand out in fierce market competition, said Zhang Zhuang, mayor of Liuzhou, south China’s Guangxi Zhuang autonomous region. He noted that Liuzhou supports enterprises in digital transformation and is actively building national-level pioneering zones for connected vehicles and intelligent manufacturing.
“Digital technologies enable precision workshops to respond to every abnormal situation and reduce the processing period of core parts by 20 percent, which further lowers cost and improves efficiency,” said Ma Bing, an employee of Gentertec Qiqihar No.2 Machine Tool, a manufacturing enterprise for heavy-duty machine tools.
So far, China has built over 2,100 high-level digital workshops and smart factories, and industrial internet has been applied to 45 major categories of the national economy.
Ma suggested that enterprises should keep enhancing their capabilities in the application of digital technologies and software, as well as data management, saying efforts shall be made to guide enterprises to accelerate digital transformation in key links.
Traditional industries are also turning “green” and brimming with new vitality.
Aiming to build a waste-free county, Guangze county in east China’s Fujian province has managed to mix organic matters such as chicken manure and rice husks and turn them into fuel.
“We should promote clean production and circular economy, so as to achieve green and low-carbon development,” said Zhang Yuzhen, president of the Fujian Provincial Academy of Environmental Sciences.
Thanks to synergistic efforts to cut carbon emissions, reduce pollution, expand green development, and pursue economic growth, the country is seeing accelerated development of green and low-carbon production and lifestyles. The share of clean energy in total energy consumption increased from 20.8 percent to over 25 percent over the past five years.
While consolidating the dominant place of traditional advantageous industries, China is also fostering new growth drivers and new strengths.
According to the report to the 20th National Congress of the Communist Party of China, the country will promote the integrated and clustered development of strategic emerging industries and cultivate new growth engines such as next-generation information technology, artificial intelligence, biotechnology, new energy, new materials, high-end equipment, and green industry.
The innovation-driven development strategy cultivates emerging industries. Liao Zengtai, head of Wanhua Chemical Group, told People’s Daily that leading enterprises should cooperate with universities and research institutes to contribute to the development of emerging industries with strategic importance.
“We have made breakthroughs in the optimization of storage technology, which makes the operation of mobile phones smoother,” said Feng Dan, dean of the School of Computer Science and Technology, Huazhong University of Science and Technology in Wuhan, central China’s Hubei province. Industries, universities and research institutes should work together and turn frontier technologies into productivity, she added.
“Future industries are an opportunity that we should seize in the next round of scientific and technological revolution and industrial transformation. Efforts should be made to develop core technologies in key sectors such as artificial intelligence and big data,” said Dong Jin, head of the Beijing Academy of Blockchain and Edge Computing.
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Fuel Price May Hit ₦5,000 Per Litre Under Tinubu — Atiku Warns
By Fabian Apechihin
Former Vice President Atiku Abubakar has warned that petrol prices could rise to ₦5,000 per litre under President Bola Tinubu’s administration if the government fails to address concerns surrounding oil revenues and public spending.
Atiku raised the alarm through his Senior Special Assistant on Public Communication, Phrank Shaibu, following the latest petrol price increase.
He questioned why Nigerians were paying as much as ₦1,470 per litre when crude oil was trading at approximately $102.52 per barrel.
“With crude oil around $102.52 per barrel, Nigerians are paying as much as N1,470 per litre. In 2008, when crude oil reached about $147 per barrel, petrol sold at N65 per litre under the Yar’Adua administration,” Atiku said.
The former vice president called for a reconciliation of oil revenues and deductions from 2023 to date, arguing that Nigerians should be able to establish how much revenue was generated, what deductions were made before distribution and where the funds eventually went.
“Nigerians deserve accounts they can interrogate, not accounting labels designed to discourage questions,” he said.
Atiku also questioned the use of funds saved following the removal of the petrol subsidy, recalling the government’s earlier assurances that the savings would create room for increased investment in education, healthcare and infrastructure.
“After all the pain imposed on Nigerians, they have a right to ask: where are the subsidy savings and where is the money?” he asked.
He further called for scrutiny of financial transactions involving the Renewed Hope Infrastructure Development Fund, OML 143, oil production revenues and the Nigerian National Petroleum Company Limited’s international liquefied natural gas trading operations.
“These allegations are too serious to be answered with press statements and political insults. Every barrel can be measured, every cargo identified and every legitimate payment traced,” Atiku said.
The former vice president’s remarks come amid continuing public debate over petrol pricing, oil revenue management and the economic impact of subsidy removal on Nigerians.
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2027: Atiku Hosts Aisha Buhari in Abuja Amid Political Realignment
Former Vice President Atiku Abubakar on Wednesday hosted the former First Lady, Aisha Buhari, in Abuja, in a meeting that has attracted attention amid growing political realignments ahead of the 2027 general elections.
Neither Atiku nor Aisha publicly disclosed details of their discussions or indicated whether the meeting centred on political matters.
The meeting comes against the backdrop of renewed interest in the Buhari family’s political influence, particularly in Katsina State.
In May, Yusuf Buhari, son of the late former President Muhammadu Buhari, won the All Progressives Congress (APC) primary for the Sandamu/Daura/Mai’adua Federal Constituency seat in Katsina State. He secured 6,386 votes, defeating Auwal Daura, who polled 322 votes.
The outcome generated considerable interest within political circles in the Daura axis, where the Buhari family has maintained a strong political presence.
Aisha Buhari has also remained active in promoting the legacy of her late husband, who died in London on July 13, 2025.
In July, she described education and human capital development as among Muhammadu Buhari’s most important legacies while speaking at the groundbreaking ceremony for a Computer Science Complex at Al-Qalam University, Katsina.
The project is being financed with proceeds from the book From Soldier to Statesman: The Legacy of Muhammadu Buhari, which chronicles the former president’s life and public service.
Aisha said the initiative was aimed at preserving Buhari’s legacy through investment in education, knowledge and innovation rather than through the construction of monuments.
Although the purpose and outcome of Wednesday’s meeting between Atiku and Aisha were not publicly disclosed, the encounter has drawn attention as political actors and groups continue to position themselves ahead of the 2027 elections.
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2027: VP Shettima Urges Politicians To Play Politics without Bitterness
- As Gov AbdulRazaq Is Turbaned As Sadauna Of Ilorin Emirate
Stephen Olufemi Oni, Ilorin
Vice President Kashim Shettima has stressed the need for politicians to embrace one another, play politics without bitterness and according to the rules in order to ensure an astronomical growth and development for the country.
Shettima made the appeal on Wednesday in Ilorin, the Kwara State capital, at the turbaning of Governor AbdulRahman AbdulRazaq as the Sardauna of Ilorin Emirate by the Emir of Ilorin, Alhaji Ibrahim Sulu-Gambari, while admonishing
Nigerians to serve with humility, do good to one another and have forgiving spirit, as they, according to him, would spend more time after office.
He added: “Power is given by God to the people He so wishes and not because we are better than others. I, therefore, call on all politicians to unite themselves as one family despite their political differences.
“Take a cue from President Bola Ahmed Tinubu that I serve as his assistant. He is a good and decent man who has the love and interest of Nigerians at heart.”
Shettima explained that when they assumed office in 2023, the economy of the country was at the brink of collapse, but President Tinubu refused to pass blame; with courage he accepted both the assets and liabilities and moved on.
He further disclosed that during the 2023 electioneering campaign, only six out of the 19 northern governors supported Tinubu’s presidential aspiration, based on the erroneous belief that Baba (Buhari) didn’t like him, adding: “But today the President has embraced everybody as his own and things are going on well”.
He added: “President Bola Ahmed Tinubu is a good man by all standard; he believes in the people that work with him.”
Shettima also thanked the Emir of Ilorin for the honour done to Governor AbdulRazaq, which , he noted, was based on his contributions to the development of the Ilorin Emirate and the State at large, adding that “the father of the Governor had planted a solid footprint in the Ilorin Emirate and by extension Nigeria as a whole”.
Shettima, who expressed optimism that this new chapter would create a stronger bond between the Emirate and the family of Governor AbdulRazaq, urged the people to continue to pray for the progress and development of the Emirate and the State as a whole.
He commended Governor AbdulRazaq for his efforts in the massive improvement on infrastructure to assist the people of the State, as well as for his
contributions to the actualisation of policies and programmes of government at the federal level towards providing succour to average Nigerians.
In his remarks, the Matawaliof Ilorin Emirate, Dr.Alimi AbdulRazaq, said the title of Sardauna bestowed on the Governor was well deserved, thanking the Emir of Ilorin for finding the Governor worthy of the noble recognition by the Emirate.
Dr,Alimi urged the Governor to see the tittle as a clarion call to provide more dividends of democracy to the nooks and crannies of the State.
The turbaning ceremony witnessed large turnout of dignitaries, including the Governor of Niger state, Umar Bago, Governor of Kaduna state, Senator Uba Sani, Governor of Imo State ,Hope Uzodinma, and Governors of Kebbi ,Katsina States.
Others are the Emir of Zazzau Emirate, Ambassador Ahmed Nuhu Bamali, the Deputy Governors of Sokoto, Anambra, Nasarawa, Delta, Ondo, and Oyo States.
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