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Logo. Made in China 2025 (MIC25, [1] MIC 2025, [2] or MIC2025; Chinese: 中国制造2025; pinyin: Zhōngguózhìzào èrlíng'èrwǔ) [3] [4] is a national strategic plan and industrial policy [5] of the Chinese Communist Party (CCP) to further develop the manufacturing sector of China, issued by CCP general secretary Xi Jinping and Chinese Premier Li Keqiang's cabinet in May 2015. [6]
China is looking to catch up with rivals like the United States and Germany in high-end technology, making a major push with a "Made in China 2025" strategy that identifies 10 key sectors ...
"Made in China 2025" (中国制造2025) Initiative to comprehensively upgrade Chinese industry and to obtain a bigger part of the global production chains. [6] Aims to address four worrying trends in current situation: (Nationally) vital technologies lack a (domestic) core platform
In 2015, China launched its Made in China 2025 industrial policy. [ 9 ] : 116 Its goal is to boost China's innovation in sectors deemed critical for the future of the world economy. [ 9 ] : 116 Policy support for Made in China 2025 has also included government guidance funds , national laboratories, and state funded incentivization for research ...
China is looking to catch up with rivals like the United States and Germany in high-end technology, making a major push with a "Made in China 2025" strategy that identifies 10 key sectors ...
In 2010, China's sales of electric vehicles were only 5,000 units. By 2015, the sales had surged to 331,000 units. In 2015, the Xi Jinping Administration launched the Made in China 2025 industrial policy that prioritized electric vehicles.
In May 2020, in support of the country's Made in China 2025 program; the China Integrated Circuit Industry Investment Fund and the Shanghai Integrated Circuit Industry Investment Fund invested a combined US$2 billion, gaining, respectively, 23.08% and 11.54% ownership of SMIC. [35]
Lithium prices are expected to stabilise in 2025 after two years of steep declines as shuttered mines and robust electric vehicle sales in China soak up an oversupply, although the potential for ...