1、 https:/crsreports.congress.gov Updated August 11, 2020“Made in China 2025” Industrial Policies: Issues for Congress China aims to advance its national development goals and future global economic position through industrial policies that seek global civilian and military leadership in advanced and
2、emerging technologies. Chinas policies feature a heavy government role in directing and funding Chinese firms to obtain foreign expertise and intellectual property (IP) in areas where the United States has strong comparative advantages (e.g., aerospace, semiconductors, microelectronics and pharmaceu
3、ticals.) MIC 2025 Made in China 2025 (MIC 2025)a broad umbrella industrial plan China introduced in 2015seeks to boost Chinas economic competitiveness by advancing Chinas position in the global manufacturing value chain, leapfrogging into emerging technologies, and reducing reliance on foreign firms
4、. MIC 2025 emphasizes technology advancement and innovation as drivers of growth and productivity, although the strategy looks to obtain foreign expertise to fill key technology gaps. The plan promotes diverse forms of state ownership and control and allows Chinese firms flexibility to access global
