Made in China 2025
Made in China 2025 (MIC25, MIC 2025, or MIC2025; Chinese: 中国制造2025; pinyin: Zhōngguó zhìzào èrlíng'èrwǔ) is a national strategic plan and industrial policy to further develop the manufacturing sector of the People's Republic of China, signed by Chinese Premier Li Keqiang in May 2015. As part of the thirteenth and fourteenth five-year plans, China aims to move away from being the "world's factory"—a producer of cheap low-tech goods facilitated by lower labour costs and supply chain advantages.