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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.
- Chip makers are awaiting US$52 billion in federal incentives to help American companies ‘win the race for the 21st century’ against China
- Industry experts disagree on whether the pace of funding is frustratingly slow or just typical of officials being careful with a massive new programme
Ex-CDC chief urges push to show what data intelligence community has, ‘where they got it, who their informants were and what their conclusions were’.
Choice of cuddly toy proving hard sell after it emerges that just 8 per cent of mascot will be produced in France
Shanghai-based Nio and Guangzhou-headquartered Xpeng are launching new models, signing more sales agencies and building charging facilities in European markets.
Rising in the desert near Phoenix is a US$12 billion semiconductor factory owned by Taiwan’s TSMC, with the company lured by US funding and tax credits.
“Few seem to realise that China is leading the world in renewable energy generation and electric vehicles,” he said in a post on China’s Twitter-like Weibo social-media platform on Monday. “Whatever you may think of China, this is simply a fact.”
Department of Justice admits that it cannot prove its case, which was brought as part of its initiative to stop scientists from sharing sensitive technology with China.
Asian-American groups hope the trial and resulting publicity will help put an end to the programme, which was started in 2018 to stem the loss of scientific secrets to China.
Chinese and Russian purchases in particular can expect to face review and scrutiny under the EU’s investment screening mechanisms.
The Chinese government is supporting R&D efforts for advanced manufacturing, bringing more automation and robots to the factory floor.
China’s AI industry may triple to 453.26 billion yuan in value by 2025 from last year, while a broader AI-driven industry may be as large as 1.66 trillion yuan, which underscores the strategic importance of the field in the Made in China 2025 industrial master plan.
Local governments have invested heavily in industrial estates for aviation in recent years, reflecting Beijing’s goal of self-sufficiency amid heated competition with the US.
China’s ban on cryptocurrency mining forced a pivot in electricity capacity usage that could help speed up electric-vehicle sales in the world’s largest auto market.
Leading Chinese academics have launched the Journal of Government and Economics, an English-language publication that seeks to explore the proper roles of government and free markets in economic development.
American suppliers are very worried about losing China as both a key node in global manufacturing and as a key export market. By contrast, the Chinese government is far more proactively planning for the future.
Amid the calamity, electric car assemblers have emerged mostly unscathed, delivering record numbers of new-energy vehicles (NEVs) – as they are called in China – to buyers, kept above the fray because of their smaller capacity and their tendency to use higher-end chips.
Ambitious road map unveiled at National People’s Congress to transform the country by 2035.
China plans to modernise its manufacturing sector to ensure its global competitiveness with advancements in 5G, cloud computing and the internet of things.
Dongguan is the fifth-largest city in the Greater Bay Area by size of economy, boosted by investments by the likes of Swire Pacific, Samsung and Gillette.
Trade war with US saw many companies relocate outside China, but orders came back last year as Chinese production rapidly rebounded from the coronavirus, and a robotics boom is expected in 2021.
The Made in China 2025 plan charted China’s ambitions to lead the world in 10 key areas of technology by the middle of the next decade, from 5G telecommunications to artificial intelligence and electric vehicles.
The Chinese government aims to turn the largest market for vehicles on the planet into a self-reliant powerhouse for the new technology under the Made in China 2025 industrial master plan.
The report underscores the role of Guangdong province as China’s manufacturing hub, where everything from high-tech gadgets to household appliances are made.
Aimed at closing the technology gap with the West and lessening China’s dependency on imported tech, it specified key areas where the country should take the lead.
Beijing has not discussed its strategic ‘Made in China 2025’ policy plan since the trade war began with the US, but the initiative’s spirit lives on.
