China in search of technology leadership: the ambitious 5-year plan focused on AI, biotechnology, space exploration and more
The Fourteenth Five Year Plan of the Government of China. These five-year plans seek to innovate the economy and the state of the country by focusing on specific points to achieve the assigned objectives. In the latter, technology has more presence than ever. And it seeks to make China a technology leader.
According recoge WSJ, the Government of China recently presented its new five-year plan, where they propose increase research and development spending by more than 7% annually between 2021 and 2025. A plan that comes at a critical moment where the trade war with the United States It is having direct effects on large technology companies in the country such as Huawei or ZTE.
In order to cope with this, China is seeking increase your local innovation and independence from external technologies and companies. That is, to manufacture and develop its own technologies that allow it not to depend on others in the event of a situation such as the one that has occurred in recent years with the United States. And for this they have a plan.
The seven focus sectors for China
The huge boost that China is going to give over the next five years is aimed at seven sectors or areas. The idea is to increase national expertise in these strategically important areas to gain technological leadership. These areas are the following:
- Semiconductors: The United States, Taiwan or South Korea are some of the countries that currently have the most presence in this area. Companies like Qualcomm, TSMC or Samsung respectively have the leadership. The idea is to innovate to have companies and capacities to design and manufacture their own chips that are at the level of those that the previously mentioned brands can achieve.
- Biotechnology and genetic research: China says it will focus on “innovative vaccines” and “biosafety research.”
- Space exploration (and terrestrial): Something that we are already seeing, China is becoming a giant of space exploration with its missions to the Luna oa Mars among other. She is also interested in the depths of land and sea.
- Medicine and health: They indicate that they seek to investigate treatments such as regenerative medicine to repair damaged tissue cells or organs. Also on how to avoid the spread of communicable diseases.
- Artificial intelligence: Artificial intelligence is an issue that China has been developing at full throttle for a few years, with companies like Alibaba or Tencent at the helm. There is still much to do.
- Quantum computing: Is a complex issue and in which there is much to develop yet, they don’t want to be out of it. At the moment companies like Google (and not Chinese) claim to have achieved ‘quantum supremacy’.
- Neural Science: An area in which they hope to investigate diseases that are related to the brain. Likewise, how to be inspired by the functioning of the brain to develop more powerful technologies. In this aspect of the connection between brain and computer, the one who has made the most noise lately is Neuralink de Elon MuskAgain, not a Chinese company.
If anything is clear from this, it is that the Asian giant is going to invest significant sums of money in research and development. We will see over the next few years what is the result of this and especially how other countries or regions respond. The European Union also has its plan.