Made‐in‐China: high‐tech national champions of business excellence

2013 ◽  
Vol 17 (2) ◽  
pp. 48-60 ◽  
Author(s):  
Elisa Barbieri ◽  
Manli Huang ◽  
Marco R. Di Tommaso ◽  
Hailin Lan

Subject The impact of US tariffs on China's Made In China 2025 industrial policy framework. Significance 'Made in China 2025' has become a byword for US grievances against China's trade and investment policies. US tariffs against Chinese products are primarily aimed not at trimming the bilateral trade deficit, but at forcing China to abandon policies by which it hopes to challenge the US position as the global high-tech leader. As such, the tariffs target the high-tech sectors Beijing seeks to develop. Impacts China will step up efforts to reduce reliance on US suppliers. Washington may press other countries to block Chinese investment or supplies of key components. China will seek greater high-tech cooperation with Russia; Russia will oblige. China may make greater use of cyberattacks in order to obtain advanced US technology.


Author(s):  
Anthony Welch ◽  
Gerard Postiglione

For something like two millennia, the Silk Road has functioned as a conduit, for ideas as well as trade. China’s rise now presents both challenges and opportunities to countries situated on both the maritime and terrestrial Silk Roads, particularly in higher education. Beginning with Europe’s response to China’s renaissance as a major knowledge system, differential responses within Europe are charted, and student and staff flow treated. Some signs of change are evident, from 2018, particularly in relation to sensitive high-tech areas such as those listed in the signature Made in China 2025 policy. But the Silk Road also points South, hence the remainder of the chapter addresses higher education relations between China and ASEAN, and in particular, Malaysia. The Six Pillars framework is used to outline the major elements of China–ASEAN relations, particularly regarding higher education, including the development of the overseas campus of Xiamen University in Malaysia.


2020 ◽  
Vol 13 (3) ◽  
pp. 1-16
Author(s):  
Derek Adam Levine

This article addresses how China’s discriminatory trade practices and illicit means of foreign technology acquisition under its Made in China 2025 plan undermine current international trade orders and pose the greatest threat to its existence. Using both primary and secondary data, this article highlights major implications that Made in China 2025 has on free trade, the overall health of the U.S. economy, and U.S. national security. It proposes a multilateral strategy to preserve the current trade system to steer China on track toward honoring its commitment to free trade and identifies how the United States can maintain supremacy throughout the twenty-first century.


Subject China's Made In China 2025 industrial policy framework. Significance Made In China 2025 (MIC 2025) is a ten-year policy framework for comprehensively upgrading the technological base of China’s manufacturing sector. Its aims to make the country a world leader in high-tech production, and switch it to an innovation-driven and environmentally sustainable pattern of economic growth. Impacts Chinese policymakers will use market forces selectively, seeing them as just one tool among others. There is a risk that heavy state involvement will in some cases hold back competition and innovative private entrepreneurship. Penalties from Washington and other governments will raise the cost of technological espionage, but perhaps not prohibitively. Resistance to Chinese high-tech acquisitions will grow stronger in the West, not only in the United States.


2017 ◽  
Vol 16 (3) ◽  
pp. 193-208 ◽  
Author(s):  
Zhao Chen ◽  
Sang-Ho Lee ◽  
Wei Xu

Using firm-level data from Changzhou, a prefectural city in China's Yangzi River Delta, we investigate the performance of both internal and external research and development (R&D) in high-tech firms. We find that, on average, high-tech firms with more internal R&D expenditure apply for more patents in terms of both the total number of patents and the number of invention patents. Internal R&D is most efficient in foreign firms, followed by private firms and then state-owned enterprises. These findings highlight the importance of privatizing high-tech firms in China if the government intends to accelerate industrial upgrading and convert the pattern of “Made in China” into “Created in China.”


Subject China's global market presence in the sectors targeted for development by Made In China 2025. Significance Beijing's 'Made in China 2025' framework aims to make China a leading player in ten high-technology sectors. China’s current position in the global market varies greatly from one targeted industry to another. Comparison with the United States as the world's economic superpower and China’s main rival helps put the grievances Washington expresses towards China in context. Impacts China’s ability to compete on technology and quality will rise significantly, especially in advanced non-electrical and transport machinery. Domestic political pressure on the US government will rise as more US firms face Chinese competition. Trade tensions with the United States will spur indigenous development of technologies for which Chinese firms now depend on US suppliers. A cohort of globally competitive Chinese high-tech firms will develop first; upgrading the whole Chinese economy will take far longer. Even when the technological gap narrows, Chinese firms will continue seeking to acquire high-tech firms in developed countries.


Subject The impact of the Wuhan COVID-19 lockdown on China's high-tech development plans. Significance The city of Wuhan -- the origin and epicentre of the COVID-19 epidemic, and target of the country’s longest and most severe lockdown -- plays a significant role in the China’s Made In China 2025 plan to develop indigenous high-tech industries. Impacts Wuhan will suffer long-lasting stigma as the origin of COVID-19, which may affect its ability to compete with other tech hubs for talent. The city’s large fibre-optic sector may in the long run lose out from efforts by customers to diversify their suppliers. Tech firms are likely to be made a priority in government recovery spending. Key people in strategic sectors may have got priority medical treatment, but COVID-19 may still adversely affect the high-tech workforce.


Subject China's industrial policy. Significance At the heart of the current US-China confrontation over trade and investment is China's ambition to challenge US technological and industrial superiority. This ambition is now often treated as synonymous with its best-known element, the 'Made in China 2025' initiative (MIC 2025) -- a grand plan that sets ambitious targets for expanding high-end manufacturing. Impacts An uneasy relationship between China and the West regarding technology might delay release of technical standards for emerging technologies. China will invest heavily in its basic scientific research capabilities, but will not match the United States any time soon. It may become more difficult to obtain critical information on high-tech sectors and policies if government decides to downplay them.


Praxis ◽  
2020 ◽  
Vol 109 (6) ◽  
pp. 1-2
Author(s):  
Ewelina Biskup ◽  
Feng Li ◽  
Shixian Dong ◽  
Yan Wo
Keyword(s):  

2014 ◽  
Author(s):  
Jay P. Kesan ◽  
Alan C. Marco ◽  
Richard Miller

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