Related News
Regulator clarifies 'Made in China 2025' plan after EU group criticism
Online Edition
CHINESE regulator on Saturday offered detailed clarifications on the "Made in China 2025" plan, stressing equal treatment for domestic and foreign companies after a European business group criticized the strategy for discrimination against foreign firms.
"The strategy and its related policies are applicable to all businesses in China, be them domestic or foreign," Miao Wei, minister of industry and information technology, said at a press conference on the sidelines of the annual parliamentary session.
The remarks came after a lengthy report from the European Union Chamber of Commerce claimed that China's support for high-tech manufacturing would lead to worsening treatment of foreign companies, while allowing government-subsidized homegrown players to compete unfairly.
The report said foreign suppliers of electric cars and other goods are under pressure to turn over technology to China.
Miao refuted the accusation, saying entry policies in sectors such as new energy vehicles are not only targeting foreign firms, but domestic businesses alike.
The intention of such policies is to prevent some businesses to cheat on government subsidies, instead of forcing foreign firms to transfer technology to China, Miao explained.
As for the target set for the market share of domestic brands in some sectors, Miao said the government is not "deliberately seeking" such goals when drafting the plan.
The targets are of predictive nature, not mandatory, Miao added, reiterating the decisive role of market and the guiding role of government during the plan's implementation.
The ultimate aim of the "Made in China 2025" plan is to satisfy domestic demand for high-end equipment and industrial goods as Western countries still impose export bans on some of the products to China, he said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
