As the dust barely settles on “Made in China 2025”, Beijing is intensifying its quest for technological supremacy with a focus on “future industries” amid its escalating rivalry with the United States. Authorities are pushing boundaries in their pursuit of a new growth model centred on technological breakthroughs and industrial upgrades. What are “future industries”?…
Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China’s economy grows 5.4% in first quarter ahead of full-blown US trade war China’s economy beat expectations to expand by 5.4 per cent in the first quarter, keeping it…
With Beijing having spent the past decade finding ways to bolster the nation’s technological independence through its “Made in China 2025” (MIC2025) initiative, European companies with a stake in the world’s second-largest economy have watched with growing concern – fearful of becoming further marginalised. In the pursuit of China’s technological strides – aiming to be…
As China’s political elite gather for the country’s annual legislative sessions this month, we examine the broader forces likely to influence policies for the coming year – and how decision-makers will respond to the unpredictable second term of US President Donald Trump. The second part of the series looks at the tech advancements it has…
China’s purchasing managers’ index, a key indicator for manufacturing activity, reached three-month high in February and returned to positive territory as the country ramped up measures to boost the economy. The PMI in February was 50.2 compared with 49.1 in January and 50.1 in December. A reading above 50 indicates expansion, while one below 50…
As China’s political elite gather for the country’s annual legislative sessions in March, we examine the broader forces likely to influence policies for the coming year – and how decision-makers will respond to the unpredictable second term of US President Donald Trump. In the first part of this series, Frank Chen surveys the status of…
China has made significant progress in multiple industries under its “Made in China 2025” plan that Beijing initiated a decade ago, but the state-led initiative remains controversial on the global stage amid an escalating trade war with the US. In the latest China Future Tech webinar, South China Morning Post technology editor Zhou Xin, Political…
Date and time: Tuesday, February 25, 2025 | 10.30am-11.30am HKT The live webinar will be available for all readers. Our speakers will also engage in a Q&A session. Submit your questions in advance for direct answers and valuable insights unique to this event. The “Made in China 2025” plan has been controversial since the day…
China’s state-owned industrial giants have set up nearly 100 new research hubs as part of a government initiative launched in 2022 to drive technological breakthroughs in a slew of strategic fields. The huge state-directed effort is part of a broader push by Beijing to counter Washington’s attempts to contain China’s technological progress and revitalise the…
Catch up on some of SCMP’s biggest China and economy stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Air pollution threat as lung cancer cases in never-smokers on the rise: study Despite drops in tobacco use worldwide, the incidence of lung cancer among people who…