Last week, China kicked off its Two Sessions, the country’s biggest annual political event. About five thousand delegates—among them, representatives of the Chinese tech giants—descended on Beijing for an exciting week of networking and listening to reports.

As always, tech was on the agenda. Amidst double jeopardy from the US-China tech war and the Covid-19 pandemic, China continues to emphasize its quest for innovation. Few specifics come as a surprise, but that’s not the point—this is making it official.

Bottom line: Worried about the economy and especially about high-tech manufacturing, China is funneling massive amounts of cash toward “new infrastructure” development. At the same time, formal privacy legislation at the Two Sessions and new ways of organizing tech institutions signal that China’s approach to tech is maturing beyond the philosophy of “more RMB, more innovation.”

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Shaun Ee

Shaun Ee is a Yenching Scholar working at the intersection of geopolitics, tech, and national security. Before moving to Beijing, he was assistant director at the Atlantic Council’s Cyber Statecraft...