Beijing Drops Contentious ‘Made in China 2025’ Slogan, But Policy Remains - News Summed Up

Beijing Drops Contentious ‘Made in China 2025’ Slogan, But Policy Remains


“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. (Originally published April 16, 2018)BEIJING—“Made in China 2025,” a government-led industrial program at the center of the contentious U.S.-China trade dispute, is officially gone—but in name only. During a nearly 100-minute speech to China’s legislature Tuesday, Premier Li Keqiang dropped any reference to the plan that the Trump administration has criticized as a subsidy-stuffed program to make China a global technology leader at the expense of the U.S. The policy had been a highlight of Mr. Li’s State-of-the-Nation-like address for three years running.


Source: Wall Street Journal March 05, 2019 14:16 UTC



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