Made in China 2025: a Strategic Plan to Become an Innovative Powerhouse

Vaskó Dávid (2021) Made in China 2025: a Strategic Plan to Become an Innovative Powerhouse. Külkereskedelmi Kar.

PDF Vasko David 2020 Thesis.pdf Hozzáférés joga: Csak nyilvántartásba vett egyetemi IP címekről nyitható meg Download (5MB)

Absztrakt (kivonat)

In my research, I have analysed the current results of one of the most ambitious, if not the most ambitious strategic plan in the whole world right now: “Made in China 2025”. Despite the strategic plan not being in the mainstream media’s crosshair and not so often talked about, it serves and will be serving a quintessential guideline for China to move up the global value chain from low-end to high end manufacturing, consequently destroying all the stigmas attached to the sentence “Made in China”. The government and the private sector have and will be spending hundreds of billions of US dollars in the hope that by the year of 2049 “Designed in China” products will be able to dominate the global market share, overtaking such high-end manufacturing powerhouses. Nobody would argue that the plan sounds perfect in theory, but is it actually feasible based on the current predictions? To provide an answer to this question, my research revolves around whether the huge amount of money spent on R&D and subsidies by both the Chinese government and companies on the ten key identified sectors has actually had a significant effect on diminishing the technological dependence on foreign countries and has it improved the Chinese companies’ performance on the global market. My hypothesis is that China cannot be an innovative high-end manufacturing superpower until they develop indigenous core components, moreover neither their economy nor Chinese companies can be a subject of foreign trade sanctions if they want to capture the global market for all ten strategic industries outlined in “Made in China 2025”. To answer these questions, first and foremost I have provided an overview of the first 5-year phase of “Made in China 2025”, based on the main principles, guidelines and grand strategic tasks, tools of funding as well as current trends on Chinese R&D which will play a vital role to successfully transfer into a manufacturing power. In the second part of my research, based on the currently available results, I have analysed the market performance and indicators of the ten key industries identified by “Made in China 2025”, namely: aviation and aerospace equipment, agricultural equipment, power equipment, railway equipment, new generation IT, advanced numerical control machine tools and robotics, maritime equipment and hi-tech ships, new energy and energy-saving vehicles, new materials, biopharma and hi-tech medical devices. Lastly, I presented my findings to prove my hypothesis that the backbone of Chinese innovation is international cooperation, and if harsh sanctions were to be put on China, their innovation capabilities would be limited and could not live to their full potential.

Intézmény

Budapesti Gazdasági Egyetem

Kar

Külkereskedelmi Kar

Tanszék

Nemzetközi Gazdaságtan Tanszék

Tudományterület/tudományág

NEM RÉSZLETEZETT

Szak

Nemzetközi gazdálkodás szak (angol)

Mű típusa:	diplomadolgozat (NEM RÉSZLETEZETT)
Kulcsszavak:	gazdasági élet, globális értéklánc, kína, Kínai technológia, piaci részesedés, stratégiai terv
SWORD Depositor:	Archive User
Felhasználói azonosító szám (ID):	Archive User
Rekord készítés dátuma:	2021. Szep. 22. 08:20
Utolsó módosítás:	2022. Ápr. 02. 09:47

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