Technology & industrial policy (Made in China 2025)
Made in China 2025, state-led industrial and technology policy, the innovation-driven development strategy, and dual circulation for the Guokao.
From "World's Factory" to Technological Self-Reliance
Made in China 2025 (中国制造2025, Zhongguo Zhizao 2025) was issued by the State Council on 8 May 2015 as State Council Document No. 28. Drafted under the Ministry of Industry and Information Technology (MIIT) with input from the Chinese Academy of Engineering, it is the first decade-phase of a declared three-step plan to make China a global manufacturing power (制造强国) by 2049, the centenary of the People's Republic. Its intellectual lineage runs to Germany's Industrie 4.0, but its instruments are distinctly Chinese: state guidance funds, indigenous-innovation targets, and administrative coordination through the State Council.
The plan named ten priority sectors: new-generation information technology (semiconductors, 5G); high-end numerically controlled machine tools and robotics; aerospace and aviation equipment; maritime engineering equipment and high-tech ships; advanced rail transport equipment; energy-saving and new-energy vehicles; electrical power equipment; agricultural machinery; new materials; and biopharmaceuticals and high-performance medical devices. Accompanying these were quantified "domestic content" benchmarks circulated in supporting roadmaps — for example, raising domestic market share in core components and basic materials to 70% by 2025 — figures that drew the sharpest foreign criticism.
The Strategic Lineage
Made in China 2025 did not emerge in isolation. It sits atop the National Medium- and Long-Term Plan for Science and Technology Development (2006–2020), which launched the doctrine of zizhu chuangxin (自主创新, indigenous innovation), and the Innovation-Driven Development Strategy endorsed by the CPC Central Committee and State Council in 2016. The 19th Party Congress (October 2017) elevated "building a modern economic system" and making China an "innovation country" to formal Party doctrine under Xi Jinping Thought.
The financing model is the state-guidance fund (政府引导基金). The flagship is the National Integrated Circuit Industry Investment Fund (the "Big Fund", 大基金), established in 2014; its first phase raised about RMB 138.7 billion and its second phase, launched October 2019, about RMB 204 billion. A third phase of RMB 344 billion was registered in May 2024 — the largest single state semiconductor vehicle — signalling that after U.S. export controls the chip drive intensified rather than retreated.
After intense G7 and WTO criticism, Chinese officials from 2018 deliberately stopped citing the "Made in China 2025" brand in public speeches and the People's Daily. The substance, however, migrated into the 14th Five-Year Plan (2021–2025) and the dual circulation strategy (双循环) announced by the Politburo in May 2020, which prioritises domestic demand and supply-chain resilience while keeping external trade as a secondary loop. The 2020 "whole-nation system" (举国体制) for science and technology re-states the same goal: concentrating state resources to break foreign "chokepoint" (卡脖子) technologies, above all advanced semiconductors.