Taiwan appears to be turning US-China trade tensions to its own advantage. While the US has been imposing restrictions on any exchanges of high technology with China, a complex web of supply chains, also buffeted by the COVID-19 crisis, has been seeking to adjust. Taiwan is now proposing that its own high-tech base might be the solution.
Now plunged into absolute crisis by the outbreak of coronavirus Covid-19, Wuhan, capital of Hubei Province, is an astonishing dynamo at the heart of China’s push for high-tech development, building directly on the city’s growth into an established industrial base. Home to 11 million, this huge manufacturing centre is frequently dubbed ‘the Chicago of the East’, and ‘four times the size of London’.
By 2025, China is to be the world’s leader in some AI technologies and their applications, while making major breakthroughs in fundamental AI theory. Applications will include smart manufacturing, smart healthcare, smart cities, smart agriculture, and national defence, with the value of core AI industries reaching 400 billion RMB (US$57.41 billion), while AI-related industries reach 5 trillion RMB (US$717.69 billion).
In Chinese, ‘China’ translates literally as Middle Kingdom. From 16th to 17th of October 2019, the Engineering Design Show (https://www.engineeringdesignshows.co.uk/) took place in the UK’s very own Middle Kingdom, or somewhat more modestly, the Midlands of England. Two members of the Techworks Asia team went on tour to explore the show, and also to present a workshop on ‘Marketing in China: Challenges, Pitfalls, Opportunities’.