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MIC 2025: Kinas Strävan efter Teknologiskt Ledarskap

Lundgren, Emil LU and Andersson, Elias LU (2024) NEKH02 20241
Department of Economics
Abstract
This study explores the role of research and development (R&D) in China's pursuit of increased economic growth and technological leadership. By examining China's initiative "Made in China 2025" (MIC 2025), we analyse how increased investment in R&D can impact the country's long-term economic progress. Our analysis indicates a significant increase in China's R&D spending, suggesting that the MIC 2025 initiative continues despite global tensions. While we cannot establish an immediate correlation between R&D spending and short-term economic growth, our research shows that such investments can have a positive impact in the longer term.

To avoid the middle-income trap and promote continued growth, a long-term strategy is required to promote... (More)
This study explores the role of research and development (R&D) in China's pursuit of increased economic growth and technological leadership. By examining China's initiative "Made in China 2025" (MIC 2025), we analyse how increased investment in R&D can impact the country's long-term economic progress. Our analysis indicates a significant increase in China's R&D spending, suggesting that the MIC 2025 initiative continues despite global tensions. While we cannot establish an immediate correlation between R&D spending and short-term economic growth, our research shows that such investments can have a positive impact in the longer term.

To avoid the middle-income trap and promote continued growth, a long-term strategy is required to promote R&D and technological development. MIC 2025 may be a key component of this strategy by enhancing China's competitiveness in the high-tech market and reducing its dependence on external actors. Our work underscores the importance of nurturing international relations and overcoming trade tensions to promote China's economic progress. By embracing a more high-tech production culture, China can position itself as a leading player in the global economy and reach new heights of growth and innovation. (Less)
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author
Lundgren, Emil LU and Andersson, Elias LU
supervisor
organization
course
NEKH02 20241
year
type
M2 - Bachelor Degree
subject
keywords
Kina, Ekonomisk Tillväxt, FoU, MIC2025, Patentansökningar
language
Swedish
id
9158889
date added to LUP
2024-09-24 09:03:21
date last changed
2024-09-24 09:03:21
@misc{9158889,
  abstract     = {{This study explores the role of research and development (R&D) in China's pursuit of increased economic growth and technological leadership. By examining China's initiative "Made in China 2025" (MIC 2025), we analyse how increased investment in R&D can impact the country's long-term economic progress. Our analysis indicates a significant increase in China's R&D spending, suggesting that the MIC 2025 initiative continues despite global tensions. While we cannot establish an immediate correlation between R&D spending and short-term economic growth, our research shows that such investments can have a positive impact in the longer term.

To avoid the middle-income trap and promote continued growth, a long-term strategy is required to promote R&D and technological development. MIC 2025 may be a key component of this strategy by enhancing China's competitiveness in the high-tech market and reducing its dependence on external actors. Our work underscores the importance of nurturing international relations and overcoming trade tensions to promote China's economic progress. By embracing a more high-tech production culture, China can position itself as a leading player in the global economy and reach new heights of growth and innovation.}},
  author       = {{Lundgren, Emil and Andersson, Elias}},
  language     = {{swe}},
  note         = {{Student Paper}},
  title        = {{MIC 2025: Kinas Strävan efter Teknologiskt Ledarskap}},
  year         = {{2024}},
}