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China's Tech Masterplan Targets 2030 Dominance

Source: economist.com

China unveiled a new five-year plan for its tech sector aiming for global leadership by 2030.
The plan pushes self-reliance in chips, AI, and biotech amid US trade curbs.
Beijing wants 70% domestic tech content in key industries by decade's end.

China's government released a masterplan to supercharge its technology economy through 2030 and beyond, focusing on breaking foreign dependencies in critical areas. Top officials laid out goals for semiconductors, artificial intelligence, quantum computing, and biotech, involving state firms, private giants like Huawei, and universities. The core idea is self-sufficiency to counter American sanctions, which matters because it could shift the balance of global tech power and affect everything fro