... assault on the Chinese hi-tech industry, especially as there are more than enough formal reasons for doing so.
Meanwhile, China, to absolutely no one’s surprise, will concentrate on the accelerated development of its technology sector, as well as on import substitution for the most important categories of products and digital services (to be fully realized in 2024–2025).
The announcement in May of a new
$1.4-trillion programme for the development of promising breakthrough technologies
, which ...
... Presidents of many Russian Commercial Unions in the food sector from one side and spokesmen of the Russian and Belarusian Ministries of Agriculture on the other. Issues such as the politics put in place by the government in the context of the “import substitution strategy” and the needs and difficulties of entrepreneurs were extensively discussed.
What I want to point out in this brief article is the clear discrepancy that emerged between the authorities’ view of the situation ...
... on the other hand, Russian food industry is said to be significantly growing, Western goods are expected to be replaced by the Russian ones on the domestic market through a process of “import-substitution”.
Yet, some argue that “import substitution” process is not feasible and might not have any political future. Also, the “food nationalism” rhetoric that authorities are openly advertising could not be for the good of the Russian society. Rather, it could result ...