Electronics and Information Technologies
In China as in other industrial powers, electronics and IT (Information Technologies) are at the core of the « Industry 4.0 » revolution. Digitalization and automation rely on electronics hardware and software supporting new technologies, including 5G, IoT (Internet of Things), AI (Artificial Intelligence) and Big Data, that Chinese authorities intend to see entering all fields of national industry. These developments had an unexpected backlash effect, as the US administration, assessing a growing geopolitical and technological rivalry with China, identified electronics, and more precisely semiconductors, as the core, and vulnerability, of China’s development. Consequently, building a semiconductors manufacturing chain has become an absolute priority for Chinese authorities. The process will be long, as the industrial chain concerned is one of the most complex, but benefits from huge financial means.