Reported about 10 hours ago
China plans to enhance its technological independence over the next five years, as outlined by the Communist Party's latest economic blueprint, indicating a heightening competition with the U.S. The strategy emphasizes boosting investments in technology and manufacturing, mirroring some calls from Western economists to reduce reliance on exports. As both superpowers compete in future industries like artificial intelligence, tensions are expected to persist despite potential diplomatic efforts. Beijing's historic five-year plans aim to direct both public and private sector investments towards these goals.
Source: YAHOO