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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]
"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 ...
In September 2024, the senator released Made in China: 2025, a report on Beijing’s industrial policy. This report should serve as a wakeup call to lawmakers, CEOs, and investors. We need a whole ...
[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.
"More than 80% of U.S. wood, cereals, and animal product exports go to China, as do more than 50% of soybeans — the U.S.'s largest export to China — and nearly 20% of autos," Peng said.
In 2015, China launched its Made in China 2025 industrial policy. [ 8 ] : 116 Its goal is to boost China's innovation in sectors deemed critical for the future of the world economy. [ 8 ] : 116 Policy support for Made in China 2025 has also included government guidance funds , national laboratories, and state funded incentivization for research ...
Even after the Chinese government began pouring money into local EV and battery manufacturers in the mid-2010s, under leader Xi Jinping’s “Made in China 2025” strategy, foreign automakers ...