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China’s Industrial Policy and Semiconductors

China Global

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Xi Jinping's Industrial Policy Advances Beijing's Foreign Policy Objectives

Xi Jinping set a target for China to become a global leader in innovation by 2035. Industrial policy serves the same basic goal that it does everywhere else, he says. It allows some Chinese companies and institutions to upgrade technologically,. He adds: "China has applied these policies on a scale which is quite distinct"

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