China’s tech strategy all talk, no action and a waste of taxpayers’ money, says its former finance minister Lou Jiwei

//China’s tech strategy all talk, no action and a waste of taxpayers’ money, says its former finance minister Lou Jiwei

China’s tech strategy all talk, no action and a waste of taxpayers’ money, says its former finance minister Lou Jiwei

“Made in China 2025” has been a waste of taxpayers’ money, China’s former finance minister Lou Jiwei has said, as Beijing tones down its tech development strategy and nears reaching a trade deal with Washington.“[Made in China] 2025 has been a lot of talking but very little was done,” Lou, chairman of the National Council for Social Security Fund, said on Wednesday on the sidelines of Beijing’s annual meeting of its policymaking bodies, or “two sessions”.“There was no need to talk about the…

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By | 2019-03-07T10:03:14+00:00 March 7th, 2019|Headlines|Comments Off on China’s tech strategy all talk, no action and a waste of taxpayers’ money, says its former finance minister Lou Jiwei