(MENAFN) Caterpillar, the American leading heavy machinery producer, has been introduced with major business opportunities and long-term development upon China's latest five-year blueprint.
In spite an industry slump in China, the world's leading manufacturer of construction and mining equipment sees it as a natural transition and is optimistic about China from a long-term perspective.
The Illinois-based behemoth is interested in many aspects of the blueprint, such as economic reforms, industry upgrading, environmental protection and, in particular, the Belt and Road Initiative.
Moreover, authorities have high hopes for the execution of the 13th 5-Year Plan, China's roadmap for development in the 2016-2020 period, realizing the nation's goal of creating a moderately prosperous society.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.