China to nurture world-class timepiece brands   

多部門力推鐘表自主品牌發展

工信部、財政部等25日發布關于加快推進我國鐘表自主品牌建設的指導意見，提出到2020年，自主品牌高、中、低檔鐘表產品銷售額比例從目前的1∶14∶85轉變為3∶22∶75，形成5個左右國際知名品牌、20個左右國內知名品牌，知名品牌企業高端產品質量接近國際同類產品先進水平。 [查看全文]

China aims to nurture five globally famed horologe brands through innovation in the next six years, it was announced Wednesday.

China will further boost sales of highend clocks and watches from one percent of total sales to three percent by 2020, according to the ministries of industry and information technology, finance and other watchdogs.

The government will focus on up intellectual property rights protection and engage in dialogue on international industrial standards to lift the quality and reputation of "Made in China" timepieces, according to the statement.

Switzerland, Japan and China dominate global production of clocks and watches, with the former two taking the lead in highend markets thanks to their established brands and technology.