China Directs State Capital To Emerging Industries
China is promoting the concentration of state-owned capital into key industries and critical sectors. The strategy involves withdrawing state capital from general competitive areas to foster emerging industries.
Topics
Developing
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Sources · 7 independent
CNR Economic Voice
“Promote the concentration of state-owned capital in important industries and key areas, while withdrawing from general competitive areas. Focus on AI, high-end equipment, new energy, and quantum technology.”
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