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China says industrial policies mainly serve as guidance, open to all

Kitco News

HONG KONG (Reuters) - China’s commerce ministry said on Thursday industrial policies including “Made in China 2025” mainly serve as guidance under market conditions and they are open to all foreign firms.

Made in China 2025 is the state-backed industrial policy that has provoked alarm in the West and is core to Washington’s complaints about the country’s technological ambitions.

The comments came after the United States issued a list of Chinese goods worth $200 billion to be hit with the new tariffs.

Reporting by Meg Shen in Hong Kong, Zhang Min in Beijing

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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