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Launched by Premier Li Keqiang in 2015, the “Made in China 2025" strategy aims to guide the country’s industrial modernisation, including the substitution of foreign technology with innovation developed on the mainland.
- Senators have taken the first steps to ban rolling stock manufactured by Chinese companies with state ties as part of the ongoing US-China trade war
- The rail industry is one in which China had been making big inroads into the United States with recent sales to Boston, Los Angeles and Chicago
A clash over technology could see a long-term split in research and development between rival leaders based in Shenzhen, Silicon Valley, according to market observers.
A clash over technology could see a long-term split in research and development between rival leaders based in Shenzhen, Silicon Valley, according to market observers.
Beijing’s tech strategy has been all talk, no action, and developing Chinese industries should have been left to the market, Lou Jiwei, finance minister from 2013 to 2016, says after ‘two sessions’ panel meeting.
Beijing’s tech strategy has been all talk, no action, and developing Chinese industries should have been left to the market, Lou Jiwei, finance minister from 2013 to 2016, says after ‘two sessions’ panel meeting.
In a world where control of technological infrastructure is a source of power, Europe lags behind both the US and China. European Union states must take steps to secure their commercial and security interests before it is too late.
In a world where control of technological infrastructure is a source of power, Europe lags behind both the US and China. European Union states must take steps to secure their commercial and security interests before it is too late.
Globe’s second-biggest economy certain to deliver modest prosperity for its people by 2020, ‘optimistic’ top official says at World Economic Forum.
Globe’s second-biggest economy certain to deliver modest prosperity for its people by 2020, ‘optimistic’ top official says at World Economic Forum.
Production in a number of advanced manufacturing sectors dropped sharply late last year as US tariffs took effect, and tighter US laws and regulations are likely to further impede Beijing’s technology plan.
Production in a number of advanced manufacturing sectors dropped sharply late last year as US tariffs took effect, and tighter US laws and regulations are likely to further impede Beijing’s technology plan.
The industrial modernisation programme aims to make China a dominant player in 10 strategic industries but has been labelled a threat to US economic growth.
The industrial modernisation programme aims to make China a dominant player in 10 strategic industries but has been labelled a threat to US economic growth.
With more than half of its buses now electrified, Shanghai is racing to join Shenzhen, which now boasts the world’s first fully electric bus fleet.
With more than half of its buses now electrified, Shanghai is racing to join Shenzhen, which now boasts the world’s first fully electric bus fleet.
Former World Bank president said he ‘doesn’t agree with Trump’s approach to trade’ and would not comment on speculation that Trump’s daughter Ivanka was set to take the reins at the organisation.
Former World Bank president said he ‘doesn’t agree with Trump’s approach to trade’ and would not comment on speculation that Trump’s daughter Ivanka was set to take the reins at the organisation.
EU and US trade officials say China’s economic model is spooking global markets
EU and US trade officials say China’s economic model is spooking global markets
‘Made in China 2025’ not included in guidelines issued to local authorities by central government.
‘Made in China 2025’ not included in guidelines issued to local authorities by central government.
Country on track to miss its goal to boost R&D spending to 2.5pc of GDP by 2020, just as it did five years earlier, senior finance official says.
Country on track to miss its goal to boost R&D spending to 2.5pc of GDP by 2020, just as it did five years earlier, senior finance official says.
After approval from US President Jimmy Carter in the 1970s, 52 science and technology experts became some of the first Chinese citizens to study in America. That began an acceleration of Chinese technology that continues to this day – and which Beijing intends to use to make it a global leader in decades to come.
After approval from US President Jimmy Carter in the 1970s, 52 science and technology experts became some of the first Chinese citizens to study in America. That began an acceleration of Chinese technology that continues to this day – and which Beijing intends to use to make it a global leader in decades to come.
Chinese officials said the data gathered is used for analytics to improve public safety, facilitate industrial development and infrastructure planning, and to prevent fraud in subsidy programmes.
Chinese officials said the data gathered is used for analytics to improve public safety, facilitate industrial development and infrastructure planning, and to prevent fraud in subsidy programmes.
Commerce Department proposes to expand review of foreign merger and acquisition deals to emerging technology sectors, as US increasingly regards China a primary national security threat.
Commerce Department proposes to expand review of foreign merger and acquisition deals to emerging technology sectors, as US increasingly regards China a primary national security threat.
- Prolonged dispute will affect China’s aviation growth, says Xu Gang, chief executive of Airbus China
- Prolonged dispute will affect China’s aviation growth, says Xu Gang, chief executive of Airbus China
The Chinese government announced the ‘Made in China 2025’ strategic plan in 2015. Aimed at closing the gap with Western hi-tech prowess and lessening China’s dependency on imported technology, it specified 10 areas where the country should take the lead
The Chinese government announced the ‘Made in China 2025’ strategic plan in 2015. Aimed at closing the gap with Western hi-tech prowess and lessening China’s dependency on imported technology, it specified 10 areas where the country should take the lead
Xi prefers hi-tech firms and manufacturers than property developers
Xi prefers hi-tech firms and manufacturers than property developers
Beijing must ensure firm grasp of area’s core technologies, Chinese leader says
Beijing must ensure firm grasp of area’s core technologies, Chinese leader says
Half of the components used in the C919 aeroplane are domestically produced, says Commercial Aircraft Corporation of China
Half of the components used in the C919 aeroplane are domestically produced, says Commercial Aircraft Corporation of China
China expects home-made commercial aircraft to supply 10 per cent of the domestic market and regional jetliners to account for up to 20 per cent of the global market by 2025.
China expects home-made commercial aircraft to supply 10 per cent of the domestic market and regional jetliners to account for up to 20 per cent of the global market by 2025.
Under the ‘Made in China 2025’ industrial plan, Beijing is looking to create a domestic commercial aircraft industry which can develop, manufacture and export its own products thereby reducing its dependence on foreign suppliers.
It is making progress, but the reliance on foreign suppliers continues to be an issue, particularly in the crucial field of engines, where some analysts put China 20 to 30 years behind the global leaders.
Under the ‘Made in China 2025’ industrial plan, Beijing is looking to create a domestic commercial aircraft industry which can develop, manufacture and export its own products thereby reducing its dependence on foreign suppliers.
It is making progress, but the reliance on foreign suppliers continues to be an issue, particularly in the crucial field of engines, where some analysts put China 20 to 30 years behind the global leaders.
●China’s automotive and electric car sector accounted for half the world’s 10 biggest VC financing deals during the third quarter
●China’s automotive and electric car sector accounted for half the world’s 10 biggest VC financing deals during the third quarter
China may start offering the service to commercial users next year. The collaboration could extend to experiments on China’s planned space station, which is expected to be completed around 2022.
China may start offering the service to commercial users next year. The collaboration could extend to experiments on China’s planned space station, which is expected to be completed around 2022.
The city’s 16,000 e-buses cost more than US$1 billion a year for the central and local governments
The city’s 16,000 e-buses cost more than US$1 billion a year for the central and local governments
This seventh instalment in an ongoing series on China’s industrial strategy to advance manufacturing looks at Beijing’s effort to build a world-leading electric vehicle sector
This seventh instalment in an ongoing series on China’s industrial strategy to advance manufacturing looks at Beijing’s effort to build a world-leading electric vehicle sector