Economy

The Chinese strategy "Made in China 2025"

Made in China 2025The Chinese strategy "Made in China 2025" is an economic plan linked to the industry of this country. In particular, it is about carrying out a macroeconomic restructuring that changes the focus of production. In this way, we would go from manufacturing in a lot of cheap products to the quality of technological production.

The economic objectives of the Chinese strategy "Made in China 2025" are based on the need to sustain industrial hegemony globally. The competition with Germany, the United States and Japan, was beginning to take the first place in the market to the country of the Great Wall.

It is not easy to be the factory of the world without the region being devastated at the environmental level; Chinese environmental groups press to stop pollution and toxins. The bid with the working class, which demands improvements in wages and quality of life, is another factor that threatens the huge profits of the low-end mass-market industry.

The plan with a view to 10 years of the Chinese strategy "Made in China 2025" speculates with value-added objects. High-speed trains, computers, robotics and biomedicine are some of the industries that are being bet on.

On the other hand, the country is faced with concrete difficulties to carry out its plan. The United States has denounced China for stealing technology patents. In retaliation, the North American power has released a list with around 900 Chinese products that will suffer import tariffs.

China's immediate response is that US soybeans arriving in China will see their import tariffs increased, as will other products in the aeronautics sector. With this, it is demonstrated that the great world economic powers

Concrete data on the Chinese strategy "Made in China 2025"

The plan of the Chinese authorities was made public in 2015, thinking as a plan for ten years. There are 10 Chinese industrial sectors on which the bet is made: aircraft, railway equipment, advanced computer technology, transportation with renewable energies, agricultural machinery, advanced railway equipment, pharmaceutical products, sea vessels, novel materials for the industry and the new energy.

According to some experts from the Center for Strategic and International Studies, the Chinese macroeconomic strategy is inspired by the German "Industry 4.0" plan. The basic concept is to improve the manufacture of products, taking full advantage of technological resources and including sustainable energies.

One of the long-term objectives of the eastern power is to stop relying on imported technologies. In fact, the goal is to reduce these imports to a maximum of 30%; It is not a secret that China seeks to lead economically and in an absolute way above other countries.

With some concern, Japan, the United States and Germany observe the Chinese maneuvers. Some attitudes, such as the massive purchase of foreign companies, suggest the current international trade balance. The so-called "forced transfer of technology" is another method of acquiring technological knowledge, forcing American companies based in China to disclose relevant technological information.

The truth is that, whether loyally or disloyally, China is making multimillion-dollar investments to achieve its well-defined goal: to lead the world of international business, with products of proven technological quality.

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