China’s technological transformation and the future of Sino-American competition

This article aims to explore the significance of China’s technological transformation for the future of the Sino-American superpower competition. It examines determinants, motivations, strategies, and policies introduced by the Chinese authorities with an aim to close the technological distance to the most advanced economies. The author also attempts to assess policy initiatives and efforts made by China in relation to its main economic rivals, particularly the United States. The paper concludes that technological transformation remains at the forefront of China’s development strategy, and its successful implementation will be the key to achieving the superpower status and effectively address domestic and international challenges. The article concludes that China has made a significant progress in some specific areas such as R&D expenditure, Global Innovation Index, ICT industry or patents. However, contrary to the Party’s bold rhetoric, reliance on foreign technology, especially on imported advanced machinery and semiconductors, has remained.