, Columnist
The Made in China Plan Is Back, and It’s Better
Beijing’s plan to become the factory floor of the future and grow its “little giants” has potential. First, it needs an upgrade.
Focusing on machine functions.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
As the world headed into 2022 grappling with the latest virus variant, China unveiled a sharpened version of the Made in China 2025 industrial policy blueprint. Previous iterations may have had nations like the U.S. on edge, but this is the one to keep an eye on.
State planners released a five-year smart manufacturing development plan in late December that aims to digitize 70% of the country’s large enterprises. China will now focus on building and owning industrial robots, as well as upgrading equipment and processes used in the manufacturing sector.