Tag #Industrial Policy

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usa.chinadaily.com.cn

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Jan 20, 04:08

China's SOE Reforms: A Multifaceted Approach to Modernization

China's State-Owned Enterprises (SOEs) are undergoing significant reforms to boost their role in national modernization, focusing on technological innovation, industrial system development, national security, regional collaboration, global engagement, and green transformation.

China's SOE Reforms: A Multifaceted Approach to Modernization

China's State-Owned Enterprises (SOEs) are undergoing significant reforms to boost their role in national modernization, focusing on technological innovation, industrial system development, national security, regional collaboration, global engagement, and green transformation.

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What specific challenges do SOEs face in implementing these reforms, and what measures are being taken to address them?

The reforms focus on enhancing SOEs' technological innovation, modernizing the industrial system, ensuring national strategic security, promoting regional collaboration, increasing global engagement, and driving a green economic transformation. This multifaceted approach aims to leverage SOEs' contributions to China's economic and social development.

nrc.nl

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Jan 20, 13:13

Northvolt's Collapse: A Setback for Europe's Green Tech Ambitions

The near-bankruptcy of Swedish battery maker Northvolt, despite substantial funding and government support, reveals the challenges Europe faces in competing with China's established dominance in battery technology, particularly given its rapid growth strategy and quality control issues resulting in ...

Northvolt's Collapse: A Setback for Europe's Green Tech Ambitions

The near-bankruptcy of Swedish battery maker Northvolt, despite substantial funding and government support, reveals the challenges Europe faces in competing with China's established dominance in battery technology, particularly given its rapid growth strategy and quality control issues resulting in ...

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Industry, Innovation, and Infrastructure

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How did investor expectations, government support, and the rapid growth strategy contribute to Northvolt's failure?

Northvolt's failure is linked to overly ambitious growth, insufficient quality control, and perhaps overly optimistic investor expectations fueled by government support aimed at countering China's dominance. The incident reveals the complexities of building a major European green technology industry, particularly in the face of established Asian competition with deep experience and government backing. The loss of contracts with major automakers like BMW further illustrates the high stakes and competitive pressures within this sector.",

zeit.de

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Jan 15, 22:08

Scholz Warns of Bleak Future for German Steel Without Green Transition Support

German Chancellor Olaf Scholz warned that the German steel industry faces a bleak future without government support for its transition to green steel, contradicting challenger Friedrich Merz who advocates for a more cautious approach, prioritizing a clear plan before exiting traditional methods.

Scholz Warns of Bleak Future for German Steel Without Green Transition Support

German Chancellor Olaf Scholz warned that the German steel industry faces a bleak future without government support for its transition to green steel, contradicting challenger Friedrich Merz who advocates for a more cautious approach, prioritizing a clear plan before exiting traditional methods.

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Industry, Innovation, and Infrastructure

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What are the immediate implications of the differing approaches of Scholz and Merz on the future of Germany's steel industry?

German Chancellor Olaf Scholz warned about the consequences of Friedrich Merz's approach to German steel production, predicting a bleak future if the ongoing transition to green steel lacks government support. Merz had criticized the rapid shift to hydrogen-powered steel plants. Scholz emphasized the need for a pragmatic approach to ensure the future of steel production in Germany.

cincodias.elpais.com

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Jan 10, 10:08

Spain Seeks Swift Deal to Save Talgo Train Manufacturer

The Spanish government is racing against time to broker a deal between Sidenor and Trilantic Capital Partners to acquire the Spanish train manufacturer Talgo within the next 21 days, aiming to prevent a potential sale to foreign entities and safeguard 2,500 jobs.

Spain Seeks Swift Deal to Save Talgo Train Manufacturer

The Spanish government is racing against time to broker a deal between Sidenor and Trilantic Capital Partners to acquire the Spanish train manufacturer Talgo within the next 21 days, aiming to prevent a potential sale to foreign entities and safeguard 2,500 jobs.

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What immediate actions is the Spanish government taking to address Talgo's crisis and what are the potential consequences of failure?

The Spanish government is actively mediating a deal to prevent Talgo, a Spanish train manufacturer, from failing due to overwhelming orders it cannot fulfill. A deal with Sidenor, a Spanish steel company, is prioritized to maintain Spanish ownership and decision-making, preventing a potential sale to foreign entities like those from Poland or India.

elpais.com

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Jan 1, 10:06

Europe's Economic Decline: A Productivity and Skills Crisis

Europe's competitiveness is declining due to lower technological productivity and fewer working hours; Spain lags behind the EU, and its low R&D investment and lack of skilled workers exacerbate the problem.

Europe's Economic Decline: A Productivity and Skills Crisis

Europe's competitiveness is declining due to lower technological productivity and fewer working hours; Spain lags behind the EU, and its low R&D investment and lack of skilled workers exacerbate the problem.

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Industry, Innovation, and Infrastructure

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What long-term strategies are necessary to reverse Europe's economic decline, and what are the potential risks of inaction?

To reverse this, Europe needs stronger industrial policy, increased R&D investment (focused and efficient), and measures to boost STEM education and attract talent. The lack of skilled workers (77% of European companies report this issue) further hampers growth. Spain needs 200,000 more engineers to reach the EU's industrial GDP percentage.

welt.de

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Dec 20, 04:10

Germany Faces Economic Crisis, Thousands of Jobs at Risk

German Labor Minister Hubertus Heil seeks to prevent the collapse of entire industries and job losses due to the economic crisis, highlighting rising short-time work numbers (268,000 in September, up 76% year-on-year) and contrasting Germany's approach with proactive industrial policies in China and...

Germany Faces Economic Crisis, Thousands of Jobs at Risk

German Labor Minister Hubertus Heil seeks to prevent the collapse of entire industries and job losses due to the economic crisis, highlighting rising short-time work numbers (268,000 in September, up 76% year-on-year) and contrasting Germany's approach with proactive industrial policies in China and...

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What are the immediate economic consequences of the current crisis in Germany, and how is the government responding?

\"Germany is facing a significant economic crisis, with rising unemployment and numerous companies resorting to short-time work, impacting thousands of jobs. The government recently extended short-time work eligibility to 24 months in response to this crisis.\

europe.chinadaily.com.cn

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Jan 20, 04:08

China's SOE Reforms: Boosting Growth and Modernization

China's State-Owned Enterprises (SOEs) are undergoing a major reform to enhance their role in national security, industrial policy, macroeconomic stabilization, and technological innovation, aligning with the country's modernization goals.

China's SOE Reforms: Boosting Growth and Modernization

China's State-Owned Enterprises (SOEs) are undergoing a major reform to enhance their role in national security, industrial policy, macroeconomic stabilization, and technological innovation, aligning with the country's modernization goals.

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What specific challenges do China's SOEs face in balancing national security concerns with economic development and global cooperation?

The reforms focus on six key areas: technological innovation, modern industrial system development, national strategic security, regional collaboration, global industrial cooperation, and green transformation. SOEs are expected to lead technological advancement, build a modern industrial system, ensure national security, reduce regional disparities, participate in global markets, and drive green development.

usa.chinadaily.com.cn

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Jan 15, 04:09

US Tightens China Tech Sanctions, Shifting Focus to Industrial Policy

The US added 140 Chinese semiconductor firms to its export control list, escalating trade tensions with China and highlighting the shift in major-power competition toward industrial policy, driven by concerns over technological advancement and global industrial dominance.

US Tightens China Tech Sanctions, Shifting Focus to Industrial Policy

The US added 140 Chinese semiconductor firms to its export control list, escalating trade tensions with China and highlighting the shift in major-power competition toward industrial policy, driven by concerns over technological advancement and global industrial dominance.

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How has the US's recent strengthening of sanctions on Chinese semiconductor companies shifted the focus of major-power competition?

The US has added 140 Chinese semiconductor companies to its export control list, escalating sanctions against China's AI development. This action, despite Secretary Raimondo's downplaying of chip controls, underscores a shift in major-power competition toward industrial policy.

welt.de

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Jan 14, 16:12

Merz's Steel Remarks Spark German Green Transition Debate

CDU leader Friedrich Merz's skepticism towards hydrogen-powered steel production sparked controversy, with Economics Minister Robert Habeck warning of the industry's potential collapse without decarbonization; the debate highlights challenges and risks of Germany's green steel transition.

Merz's Steel Remarks Spark German Green Transition Debate

CDU leader Friedrich Merz's skepticism towards hydrogen-powered steel production sparked controversy, with Economics Minister Robert Habeck warning of the industry's potential collapse without decarbonization; the debate highlights challenges and risks of Germany's green steel transition.

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What are the immediate economic and employment consequences of Germany's potential failure to transition its steel industry to green production?

CDU leader Friedrich Merz's comments on the future of Germany's steel industry sparked criticism. He expressed doubt about the viability of hydrogen-powered steel production due to the lack of available hydrogen and increased production costs. This statement was met with strong opposition from Economics Minister Robert Habeck, who argued that without decarbonization, German steel production would cease to exist.

zeit.de

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Jan 8, 13:08

IMK Recommends Three-Pronged Strategy to Revitalize German Economy

The IMK study urges Germany to adopt a three-pronged economic strategy: massive infrastructure investment, temporary subsidized electricity, and EU-led industrial policy, to counter weak growth and prevent key industries from collapsing.

IMK Recommends Three-Pronged Strategy to Revitalize German Economy

The IMK study urges Germany to adopt a three-pronged economic strategy: massive infrastructure investment, temporary subsidized electricity, and EU-led industrial policy, to counter weak growth and prevent key industries from collapsing.

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How does the IMK study explain Germany's recent economic stagnation, and what role do geopolitical factors play?

The study attributes Germany's weak economic growth not to high wages or social spending, but to geopolitical shifts and the energy price shock from the Ukraine war. Increased competition from China and the US, utilizing industrial and trade policies, further impacts Germany's export-oriented economy.

europe.chinadaily.com.cn

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Dec 26, 04:05

China's SOEs to Prioritize Restructuring and Integration in 2025

China's central SOEs will undergo strategic restructuring and specialized integration in 2025, focusing on AI, green technologies, and industrial chain integration, with projected 35 percent revenue from strategic emerging industries by 2025, driven by a 2 trillion yuan investment (18.7 percent year...

China's SOEs to Prioritize Restructuring and Integration in 2025

China's central SOEs will undergo strategic restructuring and specialized integration in 2025, focusing on AI, green technologies, and industrial chain integration, with projected 35 percent revenue from strategic emerging industries by 2025, driven by a 2 trillion yuan investment (18.7 percent year...

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How will the increased investment in strategic emerging industries impact China's economic growth and technological advancement?

This initiative aims to boost China's strategic scientific and technological strength, aligning with the goals of the Central Economic Work Conference. From January to November 2024, central SOEs invested 2 trillion yuan (a year-on-year increase of 18.7 percent) in strategic emerging industries, exceeding 40 percent of total investment for the first time.

cincodias.elpais.com

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Dec 12, 07:09

Sidenor's €4 per Share Offer for Talgo Faces Government Backing and Renfe Penalty

Sidenor offered €4 per share for a 29.9% stake in Talgo, facing challenges from a Renfe penalty and Trilantic's higher expectations; the Spanish government backs Sidenor to keep Talgo under Spanish control.

Sidenor's €4 per Share Offer for Talgo Faces Government Backing and Renfe Penalty

Sidenor offered €4 per share for a 29.9% stake in Talgo, facing challenges from a Renfe penalty and Trilantic's higher expectations; the Spanish government backs Sidenor to keep Talgo under Spanish control.

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What is the immediate impact of Sidenor's offer on Talgo's ownership and future?

Sidenor, a Basque investor, offered €4 per share to acquire a 29.9% stake in Talgo, 20% below a previous blocked offer. This cash offer, while lower than Trilantic's expectations, is the only one since summer. A €116 million penalty from Renfe to Talgo for delayed train deliveries further complicates the situation.

Showing 109 to 120 of 121 results