
China is unlikely to abandon its core goal of restructuring its economy into a high-tech, high-income, global leader in strategic areas including artificial intelligence, robotics, green energy, superconductors and rockets. The approach involves government-led measures to nurture high-tech industries, rather than the capitalist model of allowing market competition to throw up global winners. But officials and state media have lately avoided referring to the policy by its name, Made in China 2025.
Source: latimes.com – Los Angeles Times