Smart automatic weapons are working on the production line of the production workshop of Changqing Auto Parts Co. , Ltd. , In the Economic Development area, ANHUI Province, China, on March 13, 2025. (Costfoto/Nurphoto via Getty Images)
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Beijing-China has missed many major goals of its 10-year plan to be self-sufficient in technology, while enhancing unhealthy industrial competition that has increased world trade tensions. In this week’s report.
When Beijing released “Made in China 2025A plan in 2015, was widely met International criticism To enhance Chinese business at the expense of their foreign counterparts. The country later reduced this initiative, but it has doubled in the development of local technology that gave us our restrictions In the past few years.
Since the launch of the plan, The business room said that China has exceeded its goals to achieve local domination in cars, but the country has not yet reached its targets in high -end robots and the value -added growth rate of manufacturing, noting its research and discussions with members. Of the ten strategic sectors identified in the report, China has only technological dominance in building ships, high -speed railways and electric cars.
China’s goals are generally seen as a trend and not an actual personality to achieve a specific date. The Made In China 2025 plan determines the first ten years of what the country described as a “multi -contract strategy” to become a global manufacturing power.
The Chamber indicated that the self -evolved plane in China, C919, still depends heavily on American and European parts, and although industrial automation levels “have increased significantly”, it is primarily due to external technology. In addition, the manufacturing value growth rate was 6.1 % in 2024, decreasing from the rate of 7 % in 2015 and more than mid -road towards reaching a target of 11 %.
“Everyone should consider themselves lucky because China was absent from the goal of manufacturing growth,” said Jeans Esclett, President of the European Union Chamber of Commerce in China, that the opposite would have exacerbated world competitors pressure. “They did not achieve their own goal, but I actually believe that they did a good good job. “

Even at that slow pace, China has transformed itself over the past decade to pay 29 % of the global manufacturing value, as almost like the United States and Europe combined. Before 2015, in many many groups China was not direct competition in Europe and the United States“
In recent years, the United States has sought to restrict China’s access to high -end technology and encourage advanced manufacturing companies to build factories in America.
Earlier this week Issuing export license requirements Nvidia H20 chips in the United States and AMD Mi308 artificial intelligence chips, as well as the equivalent, for China. Before that, Nafidia He said it would take A quarterly fee of about 5.5 billion dollars As a result of the new export license requirements. CEO of Chipmaker Jensen Huang met with the Chinese Deputy Prime Minister is Leving in Beijing On Thursday, according to the Chinese government media.
Lionel M Nie, the founding president of the Guangzhou campus at Hong Kong University of Science and Technology, said that the American restrictions “led us to make things that we did not believe in the past that we should buy them.” This is according to the translation of CNBC for his linguistic statements in Mandarin to reporters on Wednesday.
NI said that the products that require local development efforts that include chips and equipment, and if the alternatives to the restricted elements were not immediately available, the university will buy the second best version available.
In addition to thematic plans, China tops national development priorities every five years. Current Fourteen years plan It confirms the support of the digital economy and concludes in December. The five -year five -year plan is scheduled to be released next year.
China catching a knee
It is still unclear to what extent can China become completely self -sufficient in the main technological systems in the short term. But local companies have taken quick steps.
The Chinese communications giant Huawei released a smartphone in late 2023 Advanced slice capable of 5G speeds. The company was on an American black list since 2019 and issued its operating system last year and that is It is said that he is completely separate from Android from Google.
The analysts at the Washington Center, based in the headquarters of the headquarters of the headquarters in Washington, are based in the headquarters of the headquarters of the headquarters of the headquarters, albeit at some cost to the United States and the Allied companies. In this week’s report. However, they indicated that China has doubled only, “is likely to destabilize the ecosystem of the likes of American conductors.”
For example, Thinktank indicated that the current smartphone of Huawei, the PURA 70 series, includes 33 components of China and only 5 from outside China.
Huawei recorded a 22 % increase in revenue in 2024 – The fastest growth since 2016 Supported to recover in its consumer products. Company She spent 20.8 % of her revenues On research and development last year, much higher than its annual goal, which is more than 10 %.
In general, China’s manufacturers reached the country’s goal by 1.68 % to spend on research and development as a percentage of operating revenue, the European Union Chamber report said.
“Europe needs to take a closer look at itself,” Escletord said, referring to the high R&D spending in Huawei. “Are European companies what is required to remain at the forefront of technology?”
Dutch semiconductor equipment company Asml Spent 15.2 % of its net sales In 2024 on research and development, while The NVIDIA ratio was 14.2 %.
Excessive capabilities and security concerns
However, high spending does not necessarily mean efficiency.
The electric cars race in particular paid a war warfare, as most auto companies have reduced losses in their attempt to undermine competitors. The phenomenon is often called “Neijuan” or “engaging” in China.
“We also need to realize that the success of (China) did not come without problems,” said Escletord. “We see through many industries that have not been translated into health work.”
He added that trying to achieve the goals of “Made In China 2025” contributed to the engagement, and pointed out that China’s efforts to raise the chain of manufacturing from Christmas jewelry to advanced equipment increased global concerns about security risks.
In an annual government action report delivered in March, Chinese Prime Minister Lee Qiang He called for efforts to stop engagementecho Directing from a high -level political policy meeting In July last year. The Political Bureau is the second highest circle of power in the ruling Chinese Communist Party.
Such fierce competition increases the effect of already slowdown in economic growth. Of the 2,825 companies listed in China, 20 % reported a loss for the first time in 2024, according to CNBC at wind information data from Thursday. Including companies that reported another year of losses, the share of companies that lost money last year increased to about 48 %, the analysis showed.
China confirmed in March Promoting consumption He is his priority for this year, after previously Focus on manufacturing. The growth of retail sales from industrial production on a general basis since the beginning of 2024, according to the official data accessed through wind information.
Escletind said that policy makers are also looking for ways to ensure “a better match between manufacturing output and what the local market can absorb,” adding that the efforts made to increase consumption do not matter much if the manufacturing output is increasing faster.
But when asked about the policies that could address excessive manufacturing, he said: “We are waiting impatiently for patience.”
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