China’s new industrial plan will pick a group of companies to become “sector champions” by 2025. Photo: Reuters

China’s new industrial policy dismissed as ‘Made in China 2025’ rehash by critics in Washington

  • New plan seeks to meld ‘smart’ manufacturing with ‘modern’ internet
  • Like ‘Made In China 2025’ plan, it would seek to create national champions by 2025
Topic |   China economy

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China’s new industrial plan will pick a group of companies to become “sector champions” by 2025. Photo: Reuters
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Orange Wang

Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.

Adam Behsudi

Adam Behsudi

Adam is a reporter for POLITICO.