China’s tech R&D to go into overdrive as five-year plan seeks self-reliance, more innovation

//China’s tech R&D to go into overdrive as five-year plan seeks self-reliance, more innovation

China’s tech R&D to go into overdrive as five-year plan seeks self-reliance, more innovation

China’s technology sector is expected to double down on research and development over the next five years, as the country’s new economic road map pushes for increased self-reliance and innovation amid trade disputes with the United States, according to analysts.The 14th five-year plan – from 2021 to 2025 – has put self-sufficiency in technology as a major pillar of China’s economic development, marking a shift in priorities towards industrial and national security as well as reduced tech…

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By | 2020-11-02T12:23:43+00:00 November 2nd, 2020|Technology|Comments Off on China’s tech R&D to go into overdrive as five-year plan seeks self-reliance, more innovation