In science and technology innovation, closed markets, proprietary standards, and ideologized scientific research policy are a recipe for retrogradation.

Following from the Fifth Plenum Communique, which sketched the form of the coming 14th Five-Year Plan, the China Communist Party released two more major technoindustrial plans, a fuller Central Committee proposal on the 14th Five-Year Plan and 2035 Long-term Goal, and Xi Jinping’s interpretation of the proposals. China’s economy is now undergoing a structural process of introducing a dual circulation model to rely more on domestic consumption while still keeping a window open to foreign markets.

This article was written by Tristan Kenderdine

To read the full article, please click on the following link: https://thediplomat.com/2020/12/chinas-technoindustrial-policy-is-more-soviet-retro-than-japan-innovation/