The Impact of MADE IN CHINA 2025 Economic-Industrial Document on European Trade-Economic Policy (2015-2020)

Document Type : Research

Authors

1 graduated of International Relations, Faculty of Law and Political Science, Kharazmi University, Tehran, Iran.

2 Professor of International Relations Faculty of Law and Political Science, Kharazmi University, Tehran, Iran.

Abstract

Europe is an important commercial and economic partner of the Republic of China. Manufacturing and industrial cooperation is expanding between the Republic of China and European countries. The Economic-Industrial Document of the Republic of China, namely Made in China 2025, is an industrial program for the Chinese government signed by the Xinjiang government in 2015, and according to the schedule, the Chinese government must turn into a world power in high-tech industries and a knowledge-based country within ten years. China's actions in the direction of this document, which are led by the market and the government, made the country more connected to the global supply chain. Despite the independence of Chinese government in advancing the goals of the document, it has been pointed out the flexibility and reduction of restrictions on investments and activities of foreign companies. According to the goals of the document, China needs the experiences of European industries and opens its doors to European investors and industrialists. China has been focused on European markets and has held negotiations with the officials of these countries. With descriptive-explanatory method, it has been answered the question that what effect has the trade and economic policies of the Republic of China in the China-Industrial-Economic Document 2025 had on the trade-economic policies of Europe in 2015-2020? At the answer of this, it is assumed that the China-Made 2025 document paves the way for the establishment of multilateral mechanisms, the establishment of rules and procedures for cooperation in various fields of production and industry between China and Europe, and has created a network of mutual dependencies between them.

Keywords

Main Subjects

References

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International Political Economy Studies
Volume 5, Issue 1
September 2022
Pages 137-173

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History

  • Receive Date: 04 October 2021
  • Revise Date: 25 April 2022
  • Accept Date: 30 April 2022

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