"China's ruling Communist Party has said it will focus on speeding up self-reliance in science and technology, after a four-day meeting that approved a draft of the party's next five-year development plan. China faces profound and complex changes and rising uncertainty, an announcement issued on state media said on Thursday. It added that it would strive for rapid economic development and consolidating national security."
"The communique did not directly mention the trade war with United States President Donald Trump, but the move comes as the US imposes increasingly tight controls on China's access to semiconductors and other high-tech items. China's leader Xi Jinping is expected to meet Trump for talks at the Asia-Pacific Economic Cooperation (APEC) summit in South Korea next week. The US president has said he is aiming to seal a fair trade deal despite the recent row over tariffs."
China will speed up self-reliance in science and technology after a four-day meeting approved a draft of the party's next five-year development plan. China faces profound and complex changes and rising uncertainty. The party will strive for rapid economic development and consolidate national security. Authorities promised efforts to expand domestic demand and improve people's livelihoods, without detailing how to reduce reliance on exports. The communique did not mention the US trade war directly amid tighter US controls on Chinese access to semiconductors and high-tech items. Beijing's near-monopoly on rare earths gives it leverage, while breaking that dominance could take a decade or more.
Read at www.aljazeera.com
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