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China will step up financial support for major projects of its "Made in China 2025" strategy Peja Stojakovic Jersey , a blueprint for upgrading the country's manufacturing sector.


Sectors that boost manufacturing innovation, including the Internet of Things, smart appliances and high-end consumer electronics, are the major priority for funding, according to the Ministry of Industry and Information Technology (MIIT).


The total funding is likely to exceed 10 billion yuan (1.5 billion U.S. dollars) Oscar Robertson Jersey , Xinhua-run Economic Information Daily reported.


Aside from central-level funding, local authorities will also increase financial support for "Made in China 2025" projects with over 10 billion yuan expected to be invested by local governments nationwide from 2016 to 2020.


The MIIT will also cooperate with China Development Bank to provide financial services including loans, bonds, leasing to support major projects, with an estimated 300 billion yuan of financing in place in the 2016-2020 period.


"The financial support gives a clear direction for future development in China's manufacturing innovation and boosts social confidence in economic restructuring and upgrades Mike Bibby Jersey ," said Wu Hequan, academician of Chinese Academy of Engineering.


The "Made in China 2025" strategy, a roadmap released by the State Council in 2015 to guide the country's advanced industrial manufacturing, has seen steady progress in industrial capability, smart manufacturing Mitch Richmond Jersey , innovation, as well as product quality and branding.


Average productivity was up by 38 percent for China's first 109 pilot projects in smart manufacturing, while operating costs dropped by 21 percent, according to the MIIT.


LAGOS, July 14 (Xinhua) -- All is now set for the Nigeria Football Federation (NFF) to unveil former player Sunday Oliseh as the new National team coach in Abuja Zach Randolph Kings Jersey , the country's capital city on Wednesday.


Oliseh would formally takeover the vacant job of head coach of the Super Eagles, a position previously occupied by his former teammate, Stephen Keshi.


Keshi's appointment was terminated by the federation on July 4. His exit paved way for the federation to fill the position.


Oliseh started his professional career as a defensive midfielder with Julius Berger FC of Lagos between1989 and 1990.


The 40-year-old midfield player and former Super Eagles skipper also played for AFC Ajax, Borussia Dortmund and Juventus FC. He scored two goals during his 54 international caps for the Eagles, with 321 appearances for his various clubs.


Oliseh is mainly remembered for scoring the winning goal against Spain in the France 1998 at the group stage Buddy Hield Kings Jersey , a footage that was extensively used by many television stations then.


He participated in two World Cups, USA 1994 and France 1998. Oliseh was a member of the Olympic Games gold medal winning team in the soccer event of Atlanta Olympic Games in 1996.


In January 2006, Oliseh retired from professional football at the age of 31.


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