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China to develop 10,000 ‘little giants’ in push for advanced manufacturing Six Chinese ministries jointly issued a guideline over the weekend saying that by 2025, the nation aims to develop 10,000 “little giant” enterprises that specialize in niche sectors and 1,000 enterprises that are champions in a single industry, as well as groups of leading companies. Industry observers said that the guideline underscores China’s strategic policy shift in the next five years to focus on breakthroughs in specific and critical sectors and supply chains where the country may be vulnerable amid a spiraling technology war between the world’s two largest economies. Preserving a large, complete domestic manufacturing sector could remain a key in the overall blueprint, but China will also widen its effort in building homegrown “hidden champions” – small and medium-sized enterprises (SMEs) that dominate major markets in niche sectors – to close gaps with the likes of the US, Jap

Economic operation associationMinistry of commerceInformation technologyMinistry of industrySinosteel economic research instituteMinistry of scienceFive year planBeijing economic operation associationGlobal timesBronze technologiesSouth chinaபொருளாதார செயல்பாடு சங்கம்அமைச்சகம் ஆஃப் வர்த்தகம்தகவல் தொழில்நுட்பம்அமைச்சகம் ஆஃப் தொழில்அமைச்சகம் ஆஃப் அறிவியல்