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China’s expanding industrial strategy

China’s industrial policy is becoming more systematic and pervasive, shifting from targeting specific sectors towards covering all layers of production, a recent report by the US Chamber of Commerce and Rhodium Group released on Monday has found. The strategy, as laid out in the latest 15th five-year plan, now covers additional frontier technologies, such as biomanufacturing, embodied intelligence and intelligent driving. Coverage has likewise expanded under the country’s “Made in China 2025”...

Read original at South China Morning Post

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