The industrial policy of “Made in China 2025” clearly focuses on innovation and the “Belt and Road Initiative” has begun to focus on a clear vision: a more ambitious standard of profitability.
Joel Ruet, an expert at the Italian Institue for International Political Studies (ISPI), said in the article “Made in China 2025” and the “Belt and Road Initiative” that China is trying to redefine globalization with “Chinese characteristics” through the investment of the “Belt and Road initiative”. In the current stage of globalization, although “developed countries” are still dominating financial and technological investment, a large amount of foreign investment flows to China. The industrial policy of “Made in China 2025” clearly focuses on.
-The Himalayan Times