Latest news with #MadeInChina2025
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South China Morning Post
06-07-2025
- Business
- South China Morning Post
‘Made in China 2025': how has the nation changed 10 years after setting its manufacturing blueprint?
Read more: In 2015, China set out on an ambitious 10-year plan – dubbed 'Made in China 2025' – to achieve self-reliance, innovation and strength in the manufacturing industry. At the time, the nation was known as the 'world's factory' and stood at the lower end of the global industrial value chain. A tech war between the US and China significantly impacted the plan. But despite geopolitical tensions, more than 86 per cent of Beijing's goals have been met, with several remaining targets likely to be completed by the end of 2025.
South China Morning Post
16-06-2025
- Business
- South China Morning Post
China's robotics market set to double from 2024 to 2028: Morgan Stanley
China's robotics market is set to grow at an annual rate of 23 per cent to US$108 billion by 2028 from US$47 billion in 2024, solidifying the country's dominant position in the fast-developing sector, according to a research note published by Morgan Stanley on Monday. China's share of the global robotics market was about 40 per cent last year, according to the report by Hong Kong-based analysts Sheng Zhong and Chelsea Wang. A specific forecast for China's market share by 2028 was not provided. 'China is not only the largest market but also is arguably the world's innovation hub, propelling cost efficiencies and next-gen robotics development,' they said. 'Robots have been reshaping China's manufacturing and will have a deeper impact on society in the future as they become more intelligent, collaborative and affordable.' Separate data published by China's National Bureau of Statistics on Monday revealed that the country's industrial robot output surged 35.5 per cent year on year in May, reaching 69,056 units, while service robot output jumped 13.8 per cent to 1.2 million units. 02:01 China's humanoid robots test skills in unique kickboxing competition China's humanoid robots test skills in unique kickboxing competition Robotics is a key component of the Made in China 2025 initiative , launched a decade ago to position the country at the forefront of various hi-tech industries. The strategy aims to establish the country as a global leader in smart manufacturing.
Yahoo
26-05-2025
- Business
- Yahoo
Beijing reportedly mulling a new 'Made in China 2025' plan
Beijing is weighing a new version of Chinese leader Xi Jinping's 'Made in China 2025' campaign, a decadelong effort to make the country self-sufficient in technology, Bloomberg reported. It comes as US President Donald Trump pushes businesses to shift production away from China, in a 'strategic decoupling' aimed at encouraging US manufacturing and supply chain resilience. The new plan would likely focus on boosting chip-making equipment and other technologies amid Beijing's escalating war with Washington over access to semiconductors capable of powering advanced artificial intelligence. China believes it can undercut America's monopoly over advanced AI by practically applying the technology to solve problems of economic growth, The Economist wrote.
Bloomberg
26-05-2025
- Business
- Bloomberg
Xi Weighs a New Made-in-China Plan Despite US Call to Rebalance
President Xi Jinping's government is considering a new version of its master plan to boost production of high-end technological goods, according to people familiar with the matter, signaling its intention to keep a firm grip on manufacturing as President Donald Trump looks to bring more factories back to the US. Officials are drawing up plans for a future iteration of Xi's flagship 'Made in China 2025' campaign, according to the people, who asked not to be identified discussing deliberations that aren't public. The plan over the next decade would prioritize technology including chip-making equipment, one of the people said, adding that it may not carry a similar name to avoid drawing criticism from Western countries.
Japan Times
20-05-2025
- Business
- Japan Times
Ten years of Made in China 2025 sees mixed success
A decade ago this month, China launched Made in China 2025 (MIC2025), a 10-year program of economic restructuring so bold and controversial that within three years the Beijing government essentially banned that moniker from use in official communications (although the project remained in place). MIC2025 aimed to transform China from a low-cost manufacturer to the world's leader in key technologies. MIC2025 set an ambitious agenda and a decade on, first assessments conclude that it has had mixed success but insist that its ambitions and objectives will guide Chinese policymaking for decades to come — no matter what the project is called. It is up to the world to respond. The record thus far has not been promising. Then-Premier Li Keqiang announced in May 2015 that the government was launching MIC2025 to modernize the Chinese economy and transform it from a low-cost manufacturer of goods into a, if not the, leader in the creation and production of critical technologies. The project aimed to increase domestic content in vital infrastructure sectors such as power, rail equipment and shipbuilding through technologies such as artificial intelligence, biotech, new materials and the like. Central to the project was cultivating national champions that would capture domestic and foreign markets in those sectors.
