Made in China 2025
China’s State Council announced ‘Made in China 2025’ in May 2015 as a national initiative to improve the manufacturing industry – initially up to 2025 and then on to 2035 and 2049. The goal is to transform China into a leading manufacturing power and the process has already begun – with 50 pilot projects started across China in 2015. Made in China 2025 is a report delivered by the China-Britain Business Council (CBBC) and UK Trade and Investment (UKTI) to analyse what this initiative is, and how UK companies can benefit.
China is striving to move up the value chain, to avoid being pinched at one end by lower cost countries and at the other end by higher quality manufacturers around the world. This will require a major overhaul of its enormous but plateauing manufacturing base. This presents opportunities for globally renowned UK expertise in the export of high tech equipment, technical and management consultancy services, joint R&D, design, education and skills training, and financial and professional services.
The Made in China 2025 report focuses on 10 priority sectors for China, highlighting areas of opportunity for UK companies. The sectors include advanced rail and equipment, aviation and aerospace equipment, agricultural machinery and technology, power equipment and technology, low and new-energy vehicles, new materials, high-end manufacturing control equipment and robotics, biopharmaceuticals and high-end medical equipment, advanced marine equipment and high-tech vessels, and integrated circuits and new generation information technology.
Made in China 2025 Report - Part One
Part One of the report introduces the background to Made in China 2025 including the State Council's plan, the Ten Priority Sectors, Five Nationwide Initiatives and the main objectives of the government plan. In addition, it gives an overview of the key opportunities for UK companies categorised by sector and location.
Made in China 2025 Report - Part Two
Part Two of the report looks in detail at the Ten Priority Sectors of the Made in China 2025 initiative. Within each sector, we outline the background and future trends of the industry, its key Chinese players and the areas of strength and opportunity for the UK. Part Two also contains a helpful range of case studies, giving direct examples of how UK companies can work with China, helping the country meet its objectives.