What is indicated by China's announcement that they will be using a "designed in China" rather than "made in China" label on innovations?

Question

Quizplus · Accepted Answer

The announcement suggests that China is investing in their own ideas and promoting their own intellectual property, which may indicate a shift away from IP theft and towards a more innovative economy. The label change also highlights the importance of quality and originality to Chinese goods, potentially challenging the stereotype of China as a producer of lower quality products.

What Is Indicated by China's Announcement That They Will Be