MERICS | Four years ago, China launched its ambitious industrial strategy Made in China 2025 and caused considerable irritation around the world. The blueprint for China’s path to becoming an industrial superpower has changed the way foreign companies, business associations, and governments view the country. They increasingly perceive the People’s Republic more as a systemic rival than a partner. Made in China 2025 has recently disappeared from official rhetoric of the Chinese leadership. But Beijing’s aims remain unchanged and its industrial policy is already being implemented: it wants Chinese companies to become global leaders in ten core industries by 2025. And it aims to be a global technological superpower by 2049.
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