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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]
In 2015, China devised "Made in China 2025", the government's ten-year plan to update national manufacturing base by rapid development of local high-tech industry. [ 3 ] The phrase "Made in China" is undergoing a transformation from its traditional associations with low quality to now encompassing advanced applications such as artificial ...
"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
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 ...
[2]: 163 The fund aims to help China reach its national goal of achieving self-sufficiency in the semiconductor industry (as part of the Made in China 2025 plan) by investing in domestic semiconductor companies.
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.
However, a large percentage are imported from multinational suppliers. In 2020, imports took up 83.38% ($199.7 billion) of total chip sales. In response, the country has launched a number of initiatives to close the gap, including investing $150 billion into its domestic IC industry, with a "Made in China 2025" goal of 70% domestic production.
Medium and long-term planning are central to coordinating state activity across many policy areas in China and China's Five-Year Plans are one of the most prominent examples of this approach. [1]: 8 Through the Five-Year Plans, the CCP and the government establish their policy priorities.