The “Made in China 2025” plan, launched in 2015 under the leadership of President Xi Jinping, aimed to transform China into a high-tech industrial powerhouse, reducing dependence on foreign technologies and promoting domestic innovation. Ten years later, the results indicate that the initiative has been largely successful, justifying the investments made, according to , the English version of the leading Japanese business and economics newspaper, this Friday.
According to a Bloomberg report, China achieved global leadership in five of the thirteen critical technologies monitored, including electric vehicles, lithium batteries, drones, solar panels and graphene. Furthermore, the country has quickly reduced the gap in other technological areas, demonstrating the effectiveness of the policies implemented.
The success of “Made in China 2025” is even more remarkable considering the challenges faced, such as trade tariffs, export controls and financial sanctions imposed by the United States in recent years. Despite these restrictions, China has continued to advance in emerging industries, consolidating its position on the global technology stage.
A clear example of this progress is the performance of BYD, the Chinese leader in electric vehicles, which in 2024 achieved record sales of 4.3 million units, exceeding its targets and approaching Tesla’s numbers. This growth reflects the effectiveness of government subsidies and incentive policies for the electric vehicle industry.
However, not all goals were fully achieved. Sectors such as advanced materials and lithography technologies still present challenges, with some targets not met to date. Despite this, the rate of achievement of the proposed objectives is significant, indicating substantial progress in most strategic areas.
Experts suggest that policies designed to curb China’s technological advancement could inadvertently isolate the United States and negatively impact its own companies and consumers. Adam Posen, president of the Peterson Institute for International Economics, warns that US-imposed restrictions may not be effective in slowing Chinese technological progress and may simultaneously harm innovation in the United States and globally.
In summary, “Made in China 2025” has proven to be a valuable investment for China, allowing the country to achieve prominent positions in several emerging technologies and strengthen its competitiveness in the global market. Despite obstacles and international competition, Xi Jinping’s strategy has yielded significant results, consolidating China as a dominant force in the high-tech industry.
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