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China's blueprint to become tech superpower

Source: Triviumchina.com

On Wednesday, Vice Premier Liu He chaired the first meeting of the State Council’s leading small group on technology.

Top of the agenda: Reviewing the country’s Medium- to Long-term Plan for Science and Technology Development (2006-2020), commonly known as the MLP.

Some context: The MLP has provided the overarching framework for China’s technology policy for over a decade, funneling billions into research funding and subsidies for hi-tech industries.

With the MLP set to expire soon, it’s time for a new an update.

According to Liu, the stakes could not be higher:

“Scientific and technological innovation capacity will be the key factor determining comprehensive national strength and international competitiveness.”

Get smart: Because of the fast-moving nature of technological change, fifteen-year plans for science don’t work well. For instance, the MLP failed to anticipate the importance of big data and artificial intelligence.

What to watch: MoST will likely commission think tanks and research institutes to start preliminary research for the next plan soon. The issues that MoST asks them to research will give a sense of how the next plan might be structured.
 

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Gov.cn: 刘鹤主持召开国家科技体制改革和创新体系建设领导小组第一次会议

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