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China has emerged as a global innovation powerhouse, driven by the national strategy that innovation will be the primary force behind the country’s development and modernization. One of the foundational elements is the Made in China 2025 national plan. In an effort to become the world’s leading provider of advanced technologies and higher-value-added products and services, Made in China 2025 has proven to be a double-edged sword to global companies – presenting challenges as China seeks to make its companies more competitive in the international market and bringing historic opportunities to the global technology ecosystem. China has fostered an ideal environment for innovation, and in this report, we analyze the key technologies and innovators poised to take a global leading position in several key industries in 2025 and beyond, and we explore three key strategies for companies to capitalize on the next wave of technology breakthroughs.
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