China’s Plan for Tech Dominance Is Advancing, Business Groups Say
Critical report on ‘Made in China 2025’ issued as U.S.-China trade talks are set to resume next week
‘Made in China 2025’ is Beijing’s industrial plan to dominate high-tech industries including robotics, aerospace and computer chips. The Trump administration argues China is using the plan to give its tech companies unfair advantage over foreign rivals. But what is it exactly?
Two influential U.S. business groups have issued a report detailing how China is moving ahead with a technology policy set to be a key point of contention in the U.S.-China trade talks that resume next week in Washington.
In a joint report to the U.S. Trade Representative, the U.S. Chamber of Commerce and the American Chamber of Commerce in China say Beijing’s ambitious plan to become a global technology leader is being widely implemented, casting doubt on efforts by Chinese officials to play down its significance.
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