The main topic of this thesis is Made in China 2025 (MIC2025), the Chinese industrial policy to improve 10 fundamental industries, and its consequence for European business. To study this process, it is necessary to analyse the most important plans and regulations released by several Chinese public authorities. This theme is interesting because MIC2025 is one of the first policy released by the State Council to achieve the aim to become the leading global manufacturing power by 2049. If Chinese economy will be able to reach this important goal, China will become the factory of the world, not only for cheap and poor-quality products, but also for the development and production of high-tech products; Europe and the rest of the world will only have a role of exporters of raw materials for Chinese companies. Therefore, it is imperative understand what the Chinese government intends to do, whether they are interested in a mutual free trade or they are trying to exploit the importance of their domestic market to acquire foreign technology without any mutual exchange.
Currently, there are numerous international agencies which are studying this topic, but most of the time, all the papers or reports about MIC2025 are concerning couple of sectors or some principal areas such as technology, innovation or political. While, this thesis examines in a consistent and coherent way, Made in China 2025 by analysing the main executive plans of five industries announced by some of the most important actors of this policy such as Ministry of Industry and Information Technology, Ministry of Commerce, Ministry of Finance, Ministry of Science and Technology, National Reform and Development Commission, and the State Council. After a deep insight of the contents, it will be exposed a consideration of the impact of these plans to European companies. Consequently, the main study of this thesis is to comprehend whether there is space for European firms to participate in Made in China 2025 or Chinese government is trying to reduce foreign investments in the Country.
The thesis starts with an overview of Made in China 2025, that is the reason behind this program, then its content, and finally the main targets and tools to support this plan. In the main body, there is the examination of the executive plans of five out of ten sectors (next generation IT, robotics, new energy vehicles, advanced rail equipment, and biopharmaceuticals and medical devices). While the study of the impact of MIC2025 on European companies is in the last section of the thesis. In the end, there will be a consideration about the real possibilities for European firms to participate in this program.