The plan focuses on high-tech fields including the pharmaceutical industry
Automotive industry, aerospace industry, semiconductors, IT and robotics etc, which are presently the purview of foreign companies.
BUPT is also engaged in business through its Telecomm Enterprises Group and BUPT Logistic Industry and Service Group.Beijing University of Posts and Telecommunications (BUPT) is ranked as one of the top engineering schools in China And is a key national university distinguished by the teaching and research in the field of cable communications, wireless communications, computer, and electronic engineering.
The Center for Strategic and International Studies describes it as an “initiative to comprehensively upgrade Chinese industry” directly inspired by the German Industry 4.0. It is an attempt to move the country’s manufacturing up the value chain and become a major manufacturing power in direct competition with the United States. The Chinese government is committed to investing roughly US$300 billion to achieve this plan.
People’s Republic of China issued by Premier Li Keqiang and his cabinet in May 2015. With it, China aims to move away from being the “world’s factory” (producing cheap, low-quality goods due to lower labour costs and supply chain advantages) and move to producing higher-value products and services, like aerospace and semiconductors, and to achieve independence from foreign suppliers for such products and services. It is in essence a blueprint to upgrade the manufacturing capabilities of Chinese industries into a more technology-intensive powerhouse.
The goals of Made in China 2025 include increasing the Chinese-domestic content of core materials to 40 percent by 2020 and 70 percent by 2025. The plan focuses on high-tech fields including the pharmaceutical industry, automotive industry, aerospace industry, semiconductors, IT and robotics etc, which are presently the purview of foreign companies.
China is now also competing in the manufacturing space from newly industrial countries like Vietnam and highly industrialized countries.In order to maintain economic growth, standards of living, and meeting the demand of its increasingly educated workforce, it needs to stimulate the potential of its economic and technological competitiveness. Alan Wheatley from British Think Tank Chatham House indicated a broad and growing middle class is necessary for economic and political stability.
High technology And high tech (2025)
The phrase was used in a 1958 The New York Times story advocating “atomic energy” for Europe: “… Western Europe, with its dense population and its high technology ….” Robert Metz used the term in a financial column in 1969: “Arthur H. Collins of Collins Radio] controls a score of high technology patents in a variety of fields.” and in a 1971 article used the abbreviated form, “high tech.”(wikipedia)
A widely used classification of high-technological manufacturing industries is provided by the OECD. It is based on the intensity of research and development activities used in these industries within OECD countries, resulting in four distinct categories.
Startups working on high technologies (or developing new high technologies) are sometimes referred to as deep tech.
High-tech, as opposed to high-touch, may refer to self-service experiences that do not require human interaction.
Literature and documentaries (wikipedia)
Boris Lee (2019). Assessing Made in China 2025: The US – China Trade War and Ways Going Forward. Claremont Colleges Library.
Edward Alden, Nicholas Burns, Ash Carter, Jack Clark (2019). Technology and National Security: Maintaining America’s Edge. The Aspen Institute. ISBN 978-0578427959.
BBC (2019) China: A New World Order.