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China wants to emphasize quality over cost

"Spirit of the craftsman" policy can backfire by risking the country's competitiveness

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Chinese Premier Li Keqiang said during his recent visit to Belgium that Chinese companies need to cultivate the "spirit of the craftsman" to improve quality.   © Reuters

TOKYO -- As China finds itself solidly established as a middle-income country with a per capita gross domestic product near $8,000, it faces the same challenge as other nations that have progressed to this point: namely, raising the quality and sophistication of its products to distinguish itself from lower-income countries while trying to attain the same status as richer nations.

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