US misreading Made in China 2025 by design

As a drafter of the Made in China 2025 plan, I feel the US report on the investigation under Section 301 of the Trade Act of 1974 is biased. For instance, the report says the Chinese government provides funds for enterprises to invest in and purchase US companies in a bid to acquire core technologies, when the fact is that Chinese enterprises have decided on their own to expand globally because of the rapid increase in their competitiveness and power.

That Made in China 2025 is a development plan, not an industrial policy, shows the government's encouraging attitude toward - not its eagerness to provide funds for or offer any other concrete support to - companies engaged in global competition. Plus, the "technology road map" mentioned in the Section 301 investigation report is actually a research report compiled by some experts, not a government document, and it is definitely not related to any policy or fund.

Made in China 2025 has, over the past three years, not only helped stabilize China's economic development and restructuring, but also greatly boosted global economic recovery. Besides, the government is likely to continue to promote the upgrading of the manufacturing industries, because it is vital to China's sustainable development, which is closely linked to the United Nations' 2030 Agenda for Sustainable Development.