Name: What to Expect from China’s new Five-Year Plan: Robotic Factories, AVs, and More
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What to Expect from China’s new Five-Year Plan: Robotic Factories, AVs, and More

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October 28, 2020Emerging Tech WriterCopyBeijing's top brass convened Monday to finalize China’s 14th Five-Year Plan (FYP), spanning 2021–2025. While FYPs used to primarily focus on steel production or market reforms, robotic factories and autonomous vehicles (AVs) are front and center now.&nbsp;Well, actually, we won’t know that until March. But it’s safe to say that semiconductors, 5G, cloud computing, and AI will be priorities. Since decarbonization will also into the 14th plan, you can also expect EVs, other new energy vehicles, and smart grids.But don’t take it from us. Innovation will “drive China’s manufacturing industry and push it up the global value chain while strategically ensuring domestic supply,” a state-run newspaper .&nbsp;We’ll outsource them to Macro Polo, which published a yesterday. The Chicago-based think tank expects “a China that will be near-majority middle class for the first time, with increasing technological parity with Silicon Valley.”Industry 4.0: Macro Polo thinks China will focus on accelerating the industrial internet. There’s less room for growth on the consumer internet side, which has produced successful global exports like short-form video (TikTok) and social e-commerce ().&nbsp;China’s tech titans will lead its industrial internet pivot, but that’s not winner-take-all. Macro Polo says a new crop of startups could build smart agriculture systems, drone delivery networks, and software to manage these not-yet-mainstream technologies.&nbsp;Chinese officials have largely stopped discussing “Made in China 2025,” a 2015 plan that called for a domestic high-tech revolution, because it irked Washington and international corporations.&nbsp;But tech geopolitics will still play a part of the 14th FYP. The U.S. has limited the flow of semiconductors and chip-making equipment to China, which will delay the country’s deployment of FYP-critical tech infrastructure.&nbsp;Where both countries agree: New technologies—the ones you see frequently in this newsletter—are key for economic growth and global competitiveness.&nbsp;CopyYOU MIGHT ALSO LIKE...© 2020 Morning Brew, Inc.All Rights Reserved.

October 28, 2020Emerging Tech WriterCopyBeijing's top brass convened Monday to finalize China’s 14th Five-Year Plan (FYP), spanning 2021–2025. While FYPs used to primarily focus on steel production or market reforms, robotic factories and autonomous vehicles (AVs) are front and center now.&nbsp;Well, actually, we won’t know that until March. But it’s safe to say that semiconductors, 5G, cloud computing, and AI will be priorities. Since decarbonization will also into the 14th plan, you can also expect EVs, other new energy vehicles, and smart grids.But don’t take it from us. Innovation will...

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What to Expect from China’s new Five-Year Plan: Robotic Factories, AVs, and More

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