Sino Techno-Nationalism Powers Through With ‘China Manufacturing 2025’
Despite being the ‘factory of the world,’ many of China’s industrial sectors are energy-intensive and have low value-add. At the same time, global firms are increasingly moving towards sophisticated low-cost manufacturing techniques for higher productivity gains. As a result, the Chinese Communist Party is keen to upgrade the country’s industrial base to compete in the more advanced segments, such as information technology, through the �