Automotive News   |   Automotive News Europe   |   Autoweek   |   Automobilwoche

Automotive News China Newsletter
Register our free newsletter, sent each Monday and Thursday

     Automakers   Suppliers   Auto Show   Comment   Car Cutaway   Newsletters   Press Releases   Chinese Version   Register for Newsletter
  Contact Us:   Editorial   Advertising   Subscription Information   |   About Us   Media Kit
Home >> Gov't Regulation Email this story   Print this story
 
China prepared to revise technology plan
Bloomberg | 2018/12/14

BEIJING -- China is considering plans to delay some targets in its strategy to dominate high-end technologies and to put more focus on shaping industry standards, two people familiar with the matter told Bloomberg.

Beijing may postpone some aspects of its ambitious industrial program by a decade to 2035, according to the people, who spoke on the condition of anonymity. The program that Chinese officials call ¡°Made in China 2025,¡± which cites advancements in robotics, aerospace and renewable energy, has been one of the main targets in President Donald Trump¡¯s trade war.

Trump launched the tit-for-tat tariff dispute with China this year in order to balance trade and give American firms increased access to the world¡¯s second-largest economy.

It¡¯s not clear how much, if any, of China¡¯s proposal on revising the Made in 2025 plan has been communicated to the Trump administration, and Beijing hasn¡¯t made a final decision, the people said.

A White House official said the Trump administration doesn¡¯t have an update on trade talks with Beijing. Trump has raised to Chinese President Xi Jinping unfair policies and practices that hinder American access to Chinese markets, and is pushing for China to take concrete steps to free up competition, according to the official, who spoke on the condition of anonymity.

The Wall Street Journal first reported Wednesday on China¡¯s plans to give foreign companies greater access to its economy and that it was drafting a replacement to its Made in 2025 program, citing sources briefed on the strategy.  

A less aggressive technology plan could address concerns raised by the Trump administration that Beijing unfairly subsidize Chinese companies and steals American intellectual property. U.S. Trade Representative Robert Lighthizer has been tasked with negotiating a deal focused on technology issues by March 1.

Clean-energy vehicles
President Xis government has taken steps this week to soothe the U.S., including a plan to cut tariffs on U.S. cars to 15 percent from 40 percent. China also intends to resume purchases of American soybeans soon, according to Chinese government officials. China said last week it would deepen reforms in the area of science and technology and put more effort into protecting intellectual-property rights.

But U.S. officials have been skeptical about China¡¯s willingness to back down from its global technology ambitions. While China has been playing down Made in China 2025 since trade tensions flared, it¡¯s been pushing ahead undaunted with its state-driven industrial policies, Lighthizer¡¯s office said in a report last month.

China launched the plan in 2015, with the goal of becoming an advanced manufacturing leader within a decade. The initiative aims to develop local expertise in r&d and reduce the nation¡¯s reliance on foreign technology. It targets 10 emerging sectors, including robotics, clean-energy vehicles and biotechnology.

Related Stories
  • VW, China spearhead $300 billion global drive to electrify cars
  •     --Published:2019/11/1
     
  • VW plans China venture for charging EVs
  •     --Published:2019/11/1
     
  • Regulatory chaos, confusion reign over EV market
  •     --Published:2019/11/1
     
  • Beijing mulls policies to encourage auto purchases in rural China
  •     --Published:2019/11/1
     
  • Byton seeks to raise $500 million
  •     --Published:2019/11/1
     
  • Inside the race for next-generation EV battery supremacy
  •     --Published:2019/8/1
     
  • Faraday Future ends dispute with main investor
  •     --Published:2019/8/1
     
  • Japan's Nidec to expand EV motor output outside China
  •     --Published:2018/21/12
     
  • China greenlights tougher auto investment rules
  •     --Published:2018/21/12
     
  • Renault to acquire interest in Jiangling Motors' EV subsidiary
  •     --Published:2018/21/12
     
  • China's biggest EV charging network expects to end losses
  •     --Published:2018/21/12
     
  • BYD opens electric bus plant in France
  •     --Published:2018/21/12
     
  • EV startups, glut prod Beijing to dial back on new plants
  •     --Published:2018/21/12
     
  • Qiantu Motor to build EVs in North America with local partner Mullen Technologies
  •     --Published:2018/18/12
     
     

    Our Newsletter Editions
    Automotive News China produces two email newsletters each week. You can sort your news by the articles highlighted in each of our newsletters here.

    Select your newsletter     

     
     

    Automotive News China
    Room 1303, Building 2, Lane 99, South Hongcao Road,
    Shanghai 200233
    Telephone: 86-139-1851-5816
    Fax: 86-21-6495-0895
     
    Home | Help Center | About Us | Privacy Policy | RSS
    Entire contents © Crain Communications, Inc.
    Use of editorial content without permission is strictly prohibited. All Rights Reserved.
    »¦ICP±¸06057291ºÅ