Beijing’s primary response to U.S. technology controls involves developing new structures to provide better support for the domestic semiconductor industry. These tools and policies continue to be designed, built, and fine-tuned across the government at all levels. Developments during 2024 demonstrated a much higher degree of involvement of domestic industry than ever before in complex long-term industrial policy planning, in addition to high levels of cooperation across multiple industry s...| American Affairs Journal
There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or surpass Western firms within a decade or so.| itif.org