Earlier this week Xi gave a speech to leading Chinese scientists and engineers in which he again stressed the need for China to innovate, take control of core technologies and become a global technology superpower.
Among the highlights of his speech, per Xinhua:
A new round of scientific, technological, and industrial revolutions are reshaping the world domain of innovation and global economic structure. The impact of science and technology on a country's future and the people's wellbeing has never been so profound as today, he said....
Xi required integration of the internet, big data, and artificial intelligence with the real economy, advance fundamental transformations of the industrial pattern and enterprise forms in the manufacturing and move Chinese industries up to the medium-high end of the global value chain.
Noting that independent innovation is the only path for China to climb high in global science and technology, Xi urged courageous moves to reach for the "commanding heights" in scientific and technological competition and future development.
Xi called for courage to explore the uncharted courses and realize the goal that key and core technologies are self-developed and controllable.
Why it matters: Technological independence and superiority has been the Communist Party's goal for decades, but with the contemporary confluence of capital, capabilities, talent and foreign pressure the Communist Party may be closer to fulfilling these goals than it has ever been.
- The ZTE deal may turn out to be a hollow victory for the Trump administration. It buys China time while spurring the nation to redouble efforts to create indigenous replacements for U.S. technology.
- It's also a popular nationalist rallying point even though it's embarrassing to the party as it affirms Xi’s focus on rejuvenation and the dangers of reliance on foreign things. [Axios China, June 1, 2018]
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