How China is betting big on state-led research to drive a tech revolution


China’s state-owned industrial giants have set up nearly 100 new research hubs as part of a government initiative launched in 2022 to drive technological breakthroughs in a slew of strategic fields.

The huge state-directed effort is part of a broader push by Beijing to counter Washington’s attempts to contain China’s technological progress and revitalise the Chinese economy through game-changing innovations.

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