The “Made in China 2025” strategy proposed by Premier Li Keqiang in his government work report in 2015 aims to upgrade China from a manufacturing giant into a world manufacturing power.
Some foreign organizations such as the American Chamber of Commerce in China have wondered if the “Made in China 2025” plan is based on local protection. In response, Vice Minister of Industry and Information Technology Xin Guobin reiterated on May 24 that all companies in China, whether domestic or foreign, will receive same treatment while participating in the strategy.