Published 17:54 IST, March 15th 2023
Xi Jinping believes China needs to develop a self reliant technology sector
In his estimation, it is crucial for China to accelerate its self reliance capabilities, to ensure US has no leverage over Beijing.
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China's President Xi Jinping said on Monday that China needs to become self reliant in technology. In his estimation, it is crucial for China to accelerate its self reliance capabilities, to ensure US has no leverage over Beijing. "China should work to achieve greater self-reliance and strength in science and technology, and promote industial transformation," Xi said, as per a reprort from Nikkei Asia. He was speaking at closing ceremony of National People's Congress, which is China's rubber stamp parliament. same rubber stamp parliament that me him president for a third time.
"I will faithfully carry out duties entrusted by constitution," Xi said. Xi's statement comes on backdrop of America's attempt to cut off China's access to vance semiconductors. Xi's goal is to ensure that China becomes a self sufficient technological power.
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Role of technology in geopolitics
importance of technology in contemporary geopolitics cannot be overstated. Technology is driving Fourth Industrial Revolution, which is characterized by integration of artificial intelligence, automation, big data, and Internet of Things into all aspects of society. se technologies have potential to revolutionize industries and create new opportunities for economic growth and development. At same time, technology has become a critical component of national security and military strategy. development and deployment of vanced technologies, such as autonomous weapons and cyber capabilities, are essential for maintaining military superiority and deterring potential versaries.
US-China tech rivalry is centered on several key areas, including 5G telecommunications, artificial intelligence, and semiconductor manufacturing. competition is fueled by desire for economic and technological dominance, as well as concerns about national security and espionage. US has accused China of engaging in unfair tre practices and stealing intellectual property, while China has accused US of trying to contain its rise as a global power. US has also implemented a series of measures aimed at limiting Chinese access to US technology, including export controls and investment restrictions.
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In response, China has invested heavily in its own technology sector, with particular focus on artificial intelligence and semiconductor manufacturing. China's "Me in China 2025" plan aims to make China a global leer in high-tech manufacturing, and country has me significant progress in developing its own indigenous technology. implications of US-China tech rivalry are far-reaching. In economic sphere, rivalry has led to a decoupling of US and Chinese tech sectors, with companies facing increased regulatory scrutiny and restrictions on cross-border investment. This has led to concerns about impact on global supply chains and innovation.
In political sphere, this tech rivalry has heightened tensions between US and China, with both sides accusing or of engaging in unfair practices and violating international norms. This has led to a more confrontational relationship between two nations, with implications for regional stability and global governance. In security sphere, tech rivalry has raised concerns about development and deployment of vanced technologies and ir impact on balance of power between US and China. development of cyber capabilities also raises concerns about cyberattacks and cyber espionage.
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17:54 IST, March 15th 2023