Search results
Results from the WOW.Com Content Network
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 ...
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 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.
[6]: 40 In 1960–61, attempts were made to redirect twenty million workers into agricultural production and to reallocate investment into those industrial sectors that could further support agriculture. This shift was also in sharp contrast to the rapid industrialization seen in the First Five-Year Plan.
"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.
[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.