Mercator Institute for China Studies — Merics (Berlin, Germany):

J. Wuebbeke, Head of the Program of Economics and Technology, e-mail: jost.wuebbeke@merics.de
J. Ives, Scientific researcher

Chinese government has large plans: the country should not be more the place of location of international corporations, but it has to develop its own advanced technologies, production facilities and sales activities. Since 2015 the long-term political and economical strategy of Beijing entitled “Made in China 2025” has started as a large-scale initiative. In the forthcoming decades China plans to rise to the level of industrial supercountry, and its main strategic component will be modernization using “Industry 4.0” concept. Foreign enterprises soon should take into account strict competition in Chinese market, even if this initiative will not be completely successful.