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3 Key Lessons For Global Industry From China's 2025 Strategy

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3 Key Lessons For Global Industry From China's 2025 Strategy

3 Key Lessons For Global Industry From China's 2025 Strategy President Xi Jinping’s “Made in China 2025” strategy, unveiled in 2015 and now thrust back into the limelight by President Trump’s bellicose stance on trade, holds three important lesson for global industry. First: making things matters; and the future of making things matters even more. This should be a non-controversial statement, but it is not. Economists often mock “the manufacturing fetish” and argue there is no reason to consider manufacturing a better driver of economic growth than any other sector. As economies get richer, they tend to shift from agriculture...

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