China must work toward greater technological self-sufficiency
China’s president, Xi Jinpingpointed out that China “must work toward greater technological self-sufficiency.”during a speech delivered at the closing of the National People’s Congress (NPC, Legislative), the country’s main political event each year.
“China must create a new development model“said the president, who added that his country “must promote an industrial transformation“.
Xi urged “implementing the strategy of revitalizing China through science and technology,” and demanded “advancing the coordination of the urban and rural development“.
The Chinese leaderwho last week was ratified by the PNA for an unprecedented third term among his close predecessors, called for “efforts” to “continuously strengthen the economic capacitiesThe country’s economic, scientific and technological capabilities” to “contribute to national strength”.
During this year’s PNA meeting, China announced a reform of its Ministry of Science and Technology with the stated goal of “improving efficiency.”
The revamped agency will transfer functions such as technology policy formulation for the agricultural sector to other ministries in order to be able to “play a greater role” in “achieving technological breakthroughs,” noted the official press.
For several months now China has redoubled efforts in scientific and technological research. to cope with measures taken by different countries seeking to hinder Beijing’s access to technological components, including sanctions.
Last October, United States imposed restrictions on exports of microchips. manufactured in the U.S. to Chinese companies or individuals, measures that were joined in January by Japan and the Netherlands.
In recent years, China has announced various measures and plans to. strengthen domestic industry of semiconductors and thus reduce its dependence on outside manufacturers such as Taiwan’s TSMC.