Tag: innovation
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“New Industrialization”: The Industrial Upgrading Theory Driving China’s Advanced Manufacturing Policy
As China faces geopolitical pressure at the high end of the value chain and price competition at the low end, Beijing has made leading-edge, highly-efficient manufacturing capabilities a top policy priority. In this analysis, experts Kendra Schaefer and Cory Combs from Trivium China provide an in-depth overview of this emerging effort, dubbed “new industrialization.”