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Evolution of China’s Tech-Industrial Policies Since Open and Reform

  • Journal of Asia-Pacific Studies
  • Abbr : JAPS
  • 2019, 26(4), pp.57-88
  • DOI : 10.18107/japs.2019.26.4.003
  • Publisher : Institute of Global Affairs
  • Research Area : Social Science > Social Science in general
  • Received : November 17, 2019
  • Accepted : December 13, 2019
  • Published : December 30, 2019

Yeo Yukyung 1

1경희대학교

Accredited

ABSTRACT

As the policy of ‘Made in China 2025’ indicates, China makes great effort to lead the advanced future industries, such as 5G information technology, Artificial Intelligence (AI). Above all, China’s enormous state-led R&D investment and implicit pressure over foreign firms to share key technology with Chinese partners lead to substantial conflicts between China and the advanced market economies, particularly the US and EU in recent. Focusing on China’s policy of technology transfer, this paper attempts to explain how ‘the policy of exchanging technology with market’ during the 1980s has evolved and developed into ‘the policy of indigenous innovation’ and ‘policy of strategic emerging industries’ over the 2000s, leading to the rise of ‘Made in China 2025’ in the early 2010s. By using the analytic framework of evolutionary process, this study examines the “evolutionary process” of China’s technology development beyond the conventional state versus market approach. In so doing, this study highlights dialectic dynamics and adaptive governance as important features of China’s economic governance. As an empirical case, the automobile industry offers a good example to show how China has learned the advanced technology at first, and then pursued indigenous innovation, ultimately aiming to substitution with Chinese products and technology.

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