Detailed view for this entity.
“The reason why I think this 15th five-year plan is important is that they are going to lay out clear timeline in terms of by which year we want to achieve what kind of market share dominance, what kind of breakthrough. So there will be numeric numbers that China lay out especially in terms of manufacturer production capacity.”
“The targets for the new 15th 5-year plan are a little bit different um and uh they deserve uh some attention. The first again they're try R&D spending. Yes, they want to rate increase R&D spending, but they're not specifically saying what percent of GDP they want R&D spending to be. Instead, they say they want R&D spending to grow at 7% per year.”