GUANGDONG PROVINCE’S TECH DEVELOPMENT AS PART OF CHINA’S DUAL-CIRCULATION VISION

Since the beginning of China’s ongoing tension with and technological blockade by Western countries, Beijing has sought to offset the challenge by enacting the “dual- circulation” economic policy.

If successful, the Chinese economy will move away from its outward-oriented model and focus on domestic demand and technological innovation. Instead of being an autarky, Beijing has higher aspirations of leading the global digital economy and technological advancements with its own standards and act as an alternative in a West-dominated sector. However, challenges remain as vital infrastructure, expertise and human capital remain inadequate. This paper focuses on Guangdong’s role in China’s technological dual-circulation drive, its vision and initiatives within the nationwide developmental framework, and the limitations present in both a provincial and national level. Please download the CAA Paper here.