Summary/Abstract |
In the last 70 years, due to reforms and policies, China has moved from an agrarian economy to being a manufacturing superpower. However, this has been possible due to technology transfers into China with the core technologies remaining with the West in the name of competitiveness and national security. To achieve true technological independence and self-reliance, China proposed the ‘Made in China 2025’ policy in 2015 which has since been opposed vehemently by the West. This notwithstanding, China has continued its effort of self-reliance. Hence, it is essential to evaluate if these efforts are bearing the required results.
|