",#(7),01444'9=82. ��`�\z�\���l&��۶���o�W����+ �����ǂP����O�^~c�!��ͦ���l���1u5VRw/� <> endobj Defense Industry, Acquisition, and Innovation, Weapons of Mass Destruction Proliferation, Energy, Climate Change, and Environmental Impacts, Family Planning, Maternal and Child Health, and Immunizations, 5G Supply Chain Security: Threats and Solutions, The Cost of Doing Nothing: Maritime Infrastructure Vulnerabilities in an Emerging Arctic, A Year into the Pandemic: The State of International Development, Taiwan and the United States: Enduring Bonds in the Face of Adversity, China’s Expanding Influence in Europe and Eurasia, U.S. Counterterrorism Priorities and Challenges in Africa. x��Z]o�6}7���G{��^~�@` V�" 22 0 obj 24 0 obj stream The Challenge From “Made in China 2025” Today the United States leads in the fifth industrial revolution (information technology) and hopes to lead in the sixth (artificial intelligence, robotics, biotechnology, etc. <> inviting me to testify today on the important topic “Made in China 2025 and the Future of American Industry.” The Made in China 2025 Plan (MIC 2025) is a ten-year, comprehensive industrial policy designed to transform China into an advanced global manufacturing leader. <> High-end goods made by advanced manufacturing were the very products that America was supposed to make more of due to our competitive advantages in talent and capital. The Summit featured speeches from Sen. Marco Rubio, Sen. Gary Peters, and Rep. Ro Khanna; senior officials from the Departments of 32 0 obj 1 0 obj <> <> [ 34 0 R] 27 0 obj Sign up to receive The Evening, a daily brief on the news, events, and people shaping the world of international affairs. Printfriendly.com. 36 0 obj China always had an industrial policy, but major economies such as the U.S. view Made in China 2025 as a significant threat, partly because it involves critical technology sectors. Are the Chinese toning down the plan? 16 0 obj <> Yet, with Made in China 2025, the difference seems to be the Made in China 2025 and the Future of American Industry assesses the challenges posed by China’s industrial development plan and the implications for American policy. Made in China 2025 was drafted by China’s Ministry of Industry and Information Technology (MIIT) over two and a half years, with input from 150 experts from the China Academy of Engineering. endobj Like the concurrent 37 0 obj endobj National Manufacturing Strategy Advisory Committee, Made in China 2025 Key Area Technology Roadmap, October 2015. Praised domestically but shunned internationally due to perceived intellectual property abuses, and discrimination against foreign companies, MIC will have huge consequences for most industrialized countries going forward. <> 23 0 obj endobj endobj 17 0 obj Republican Senator Marco Rubio proposed legislation that would restrict and tax Chinese investment in the United States to counter Beijing’s “Made in … <> endobj <>/Metadata 373 0 R/ViewerPreferences 374 0 R>> endobj Inspired by Germany’s Industry 4.0, Made in China 2025’s chances of success are uncertain at best. <> endobj endobj endobj endobj They believe Beijing’s involvement creates uneven playing fields for foreign companies and distorts markets. Bonnie S. Glaser, senior adviser for Asia and director, China Power Project CSIS, testified before the Senate Small Business and Entrepreneurship Committee on “Made in China 2025 and the Future of American Industry.”, Contact H. Andrew Schwartz Chief Communications Officer Tel: 202.775.3242, Contact Caleb Diamond Media Relations Manager and Editorial Associate Tel: 202.775.3173. <> endobj 39 0 obj Increasingly, Made in China 2025 has come to be emblematic of these ambitions, rightly provoking intense U.S. anxieties over China’s emergence as … 11 0 obj Over the last few decades, China has become gradually less dependent on imported goods to support its export industry. Innovation Ecosystem: Reclaiming America’s Leadership in Advanced Manufacturing. Finally, we offer suggestions for future analysis. endobj Made in China 2025 highlights 10 key industries — from robotics and IT to green cars and aerospace equipment — and underpinning so many of its goals is AI. 25 0 obj <> endobj The real trade war in US sights The skirmish over US steel and aluminium imports could well be just a precursor to a far bigger battle with China which poses much greater risks to Australia, writes Stephen Letts. Note that an initial technology roadmap was released in 2015. $.' endobj Xi Jinping’s Made in China 2025 ambitions are alive. 35 0 obj “Made in China 2025” Industrial Policies: Issues for Congress China aims to advance its national development goals and future global economic position through industrial policies that seek global civilian and military leadership in advanced and emerging technologies. Bonnie S. Glaser, senior adviser for Asia and director, China Power Project CSIS, testified before the Senate Small Business and Entrepreneurship Committee on “Made in China 2025 and the Future of American Industry.”. The 2019 MForesight National Manufacturing Summit took place on Tuesday, June 18, 2019 at the Hamilton Hotel in Washington, D.C. endobj Watch Full Testimony. endobj endobj endobj <> endobj Announced in October 2015, the Made in China 2025 plan is a roadmap for the future of the country's manufacturing sector. Short-circuiting the People’s Republic of China’s ambitions to control technology. endobj <> <> <> endobj The theme was Restoring the U.S. %���� February 27, 2019. Amid the extreme reactions generated by China’s economic success and the Made in China 2025 industrial policy targets, a look at the facts is in order. 38 0 obj [ 22 0 R] <> 4 0 obj "China's pursuit of AI has, arguably, been 'the story' of the past year," Mr Ding says in a report titled Deciphering China's AI Dream. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> stream 7 0 obj %PDF-1.7 <> Washington, D.C. — U.S. endobj Made in China 2025 and the Future of American Industry. <> The “Made in China 2025” industrial plan announced in 2015 by the 6 0 obj Instead, these products are increasingly being captured by China. Paper do not accurately reflect industry dynamics. 15 0 obj <> endobj [ 29 0 R] Get Information on Policy Changes Affecting Your Business in China Understanding why this particular plan is controversial helps put the US’ fears into perspective.China’s previous plans also pushed for greater investments in hi-tech manufacturing. endstream Despite two-thirds of the economy in shutdown mode, strategic sectors are still humming. The heart of their approach was the Medium- and Long-Term Plan on the Development of Science & Technology. ), but a major threat to our leadership is from China’s … <> <> The two plans were issued within a short period of time: one in 2013, and the other 2015. In his testimony, Rob discussed the importance of a new framework from Senator Rubio for how to think about the economic challenge from China, the nature of the economic challenge posed by “Made in China 2025” (MIC25), and components for more robust trade, innovation and competitiveness strategies, including to help small businesses. American Investment in the 21st Century documents patterns of investment by American corporations in recent decades and the ramifications of the shareholder primacy theory of American capitalism. ]vq�.//>���L��ls]���3����$0����~;�����g�����F2ǝa_�3I����B3c��u{o��w?��W��\=-����~>��`�������u>c�>��� �D����cp\9f��*̃P�^RH\w@���+��� 9 0 obj Trade wars and U.S. tariffs on China have made it even more important three years later. 12 0 obj endobj Made in China 2025 and the Future of American Industry. dK�=�}R7˰:��a��H�\�����{xu��! <> ,�1U�6`+dƪV8%����+y� 3 0 obj endobj 8 0 obj President Xi’s “Made in China 2025” initiative, outlined in his address to the 19th Party Congress last year, may speed things up for China’s adolescent aerospace industry. <> 20 0 obj <> February27, 20192:30PM-4:30PM. <> China’s policies feature a … <> 34 0 obj 78 However, most of these gains have been in product segments that do not require the most advanced semiconductors, which remain a … 10 0 obj 18 0 obj 13 0 obj <> �|塋���0Ԇ�ٰ���� V��� endobj �j�F��Rk�vڢזu;��rN( .��I�)�8��,!_ʭA�|Aț���S��y�4��1�!��84������&"T���Y X�@�kṭa�+��@�RP~�v�[u����9��ȅF���_�t��?�0^8fB��7�0�k����i��S\������8�n�w�@����C�V�S�����~�G��'Ж.�;��6� 5{b�� a��l"�@vŭ�!qktQ�\Sz���6���Q�Bs+��!qk-T�" @�N�&��9V]�� �����{��=�g[�⸱��u[b��v?^�^3�}�kk��j��}\}�4��ߴ).vkQ=?����j��Ϗ�Z�Q1=����轂���I�����$ m�ˉ��~��Q#թH��=B�Wv�hp�.� )�M_�e�&䔽PT\F��E1��5_dJ�ٔ�TX`�&� ڵ���76?XK�rA�&���lG��J%�{_^��S��R5�K51�e�e��e�b��䛝LgN�5u���4/$S��Z��F�E�'z��P��ZH�=���"����emL�bo�\`��k�HjR��G����f�ݥ:�SU̪:��kH^@�T8R����St���>^�˕^���ZA�����@��2������+\ZE[T''J�1�R��D���1�g�,�;�ЃO�Z|]�����j����x��\���=��.S���P1�펐�/�,jV��?���?_*�l��O����>-'�m��"��T����O��0��'�Έ���N�L�M���T��ȭ,/�� d �;Y�'Q��p�T��x����f�̓ۡ9���s�$�&��+��Eܼ�|�p:`�ӂڎ���r�8��zcu�8���3:�c�lT5%�T�:� <> According to China’s Semiconductor Industry Association (CSIA), Chinese producers are on track to increase their share of domestic consumption from 29 percent in 2014 (the year before Made in China 2025 was announced) to 49 percent by the end of 2019. Made in China (MIC) 2025, originally announced back in 2015, has shot back into focus recently. S�h뒗�q�e�p�uYH���f8����~k��l[��`���T�JJ�����l�* (�>�W��C1R���д�f+���`O��~{|ޢcׯl0&�Z�� Table 2 provides a comparison of “Industry 4.0” and “Made-in-China 2025”. endobj 31 0 obj endobj A3: The unveiling of "Made in China 2025" suggests a major departure from the Hu-Wen administration's approach to innovation and technology upgrading. 33 0 obj endobj 14 0 obj <> 21 0 obj The State Council’s release of its National Integrated Circuit Industry Development Guidelines in 2014, 2 and the establishment of both the National IC Investment Fund in 2014 3 and the release of the Made in China 2025 (MIC2025) 4 initiative in 2015, marked a new turning point in Beijing’s approach to pushing the sector toward reduced dependence on foreign suppliers. endobj <> endobj The “Made in China 2025” plan, released by the State Council in May 2015, set out the “Three Steps” intended to make China one of the world’s manufacturing powers. 1 . Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, today released a … 29 0 obj Made in China 2025 (Chinese: 中国制造2025; pinyin: Zhōngguózhìzào èrlíng'èrwǔ) (MIC25 MIC 2025, or MIC2025) is a national strategic plan to further develop the manufacturing sector of the People's Republic of China, issued by Premier Li Keqiang and his cabinet in May 2015. [ 11 0 R] endobj <> endobj 30 0 obj 5 0 obj endobj <> Made in China 2025: The Future of Manufacturing and Sourcing in China By ... before, American firms would seek out Chinese firms to partner on the ... •China Shipbuilding Industry 26 0 obj The Chinese government has moved quickly to erase all mention of its flagship industrial policy “Made in China 2025” (MIC 2025) from official speeches, papers and official press amid heightened international concern. An updated version was completed in 2017 and published in 2018. 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