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Put an evening at Politburo of the Communist Party of China, with the chairman Xi Jinping to preside over a study session on the search for self-sufficiency in the science and in technology. The China accelerate the pace on the front oftechnological autarky. And it does so in a crucial political contingency, both from the point of view and from the external point of view. The second plenum of the 20th Central Committee of the Communist Party of China prepares the way for “two sessions“, the most important annual legislative appointment of China’s political life kicks off between 4 and 5 March. Within a few weeks, you will have the complete picture of all the state nominations, after the party ones announced at the XX Congress in October. Xi is ready to receive the third investiture from president of the People’s Republic after receiving that of general secretary of the Communist Party. Not only. The laws that will characterize the Chinese 2023 will be licensed, presented and announced.
Among the fronts on which there is greater expectation there is undoubtedly that technologicalwith Beijing that will try to respond to the new squeezes and restrictions imposed by the United States on a number of sectors, starting with semiconductors And artificial intelligence. During the study session (conducted by the president of Peking University Gong Qihuang), useful for refining China’s tech strategy, Xi stressed that achieving self-sufficiency is “the only way to build one world scientific and technological power“. The secretary general called on all party bodies to increase funds and direct involvement in scientific and technological research and development projects.
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More funds, but also more Party in the tech sector
According to official Chinese data, in 2022 the gross domestic expenditure for research and development of China has reached the 3.09 trillion yuan (449 billion dollars), exceeding the threshold of three trillion yuan for the first time. Among them, basic research spending reached 195.1 billion yuan in 2022, 3.9 times higher than in 2012, accounting for 6.32% of total annual R&D spending. In some sectors, Beijing has already put the arrow on the United States, but feels it has to accelerate in order not to see its ascent blocked by the winds of technological decoupling. Of particular concern are the latest restrictions on semiconductorswith Japan And Netherlands who have complied with US requests to increase export controls on advanced technology to China. For this reason, major new investments in the sector could be announced during the “two sessions”.
Already in his political report presented to the XX Congress had indicated the areas reaffirmed the commitment to centralize the mobilization and allocation of resources, with the promise to strengthen the system of national laboratories and reward “original and pioneering” research in strategic sectors. Even more after his last speech, the launch of can be expected multiple strategic plans and major projects in areas deemed crucial, to which the major players in the industry will be called upon to contribute. In his speech to the Politburo, Xi indeed reiterated that science and technology should be integrated with the main ones national strategic needs and economic and social development goals.
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