ANNOUNCEMENT 18 Oct 2017
October 18, 2017 - The Chinese government targeted a list of specific sectors that would be targeted by a long-term support plan.
NUMBER OF INTERVENTIONS
PRC Ministry of Industry and Information Technology, October 18, 2017. (工信部科251号)
In October 2017, the Chinese Ministry of Industry and Information Technology published a list of industry sectors towards which it would focus its efforts to carry out the Made in China 2025 programme.
The release is one of several iterations of a series of 'Key Industrial Technologies Development Guides'. The previous one was released in 2015 (see related acts).
The 2017 list has been extensively restructured compared to previous ones.
Key additions are that of construction and mining equipment. Coal and some related industries have been removed, please see the other intervetion associated with this state act for more information on these.
However, due to the restructuring of the format, it is not possible to directly compare this list to previous ones. The taxonomical sectors have therefore been recorded in full.
Made in China 2025 is a top-level, wide-reaching policy released in 2015 that seeks to position China as the world's leading manufacturer in terms of quality of goods and manufacturing technology by the ear 2025. A plethora of government support instruments have been implemented in its name, with more to come.
This announcement from the Ministry of Industry and Information Technology serves to demonstrate its commitment to the plan, indicating to those in business which sectors will be actively supported by the government. While specific instruments are not mentioned in this announcement, it focuses on promoting certain sectors, as well as being part of the Made in China 2025 programme, which exclusively targets the promotion of Chinese firms. It can therefore be said that this plan targets indigenous Chinese firms in particular sectors.
The plan is structured into five broad sectors, with 25 subsectors under these. The 25 subsectors are broken down into 174 key technological areas. Below are included the five broad sectors and the 25 subsectors. For full information, please see the original announcement.
In October 2017, the Chinese Ministry of Industry and Information Technology released the 2017 iteration of the 'Key Industrial Technologies Development Guide'.
The document lists areas of the economy to which efforts should be targeted in order to realise the goals laid out in the Made In China 2025 directive, which, in short, aims to position China as the world leader in manufacturing everything in both quantity and quality by 2025.
The 2017 edition of the list was extensively restructured compared to previous editions. Some sectors were removed from it, summarised below (please note that direct comparison is difficult due to the differing structures of the lists):
Please see the other intervetion associated with this state act for more information on the contents of the list.