By 2050 China will have eradicated poverty, established itself as a world power in science and lifted the average lifespan of its billion-plus citizens to 80 years, according to two blueprints for the future published last week.
Even by the standards of a country that has a passion for long- term economic plans, the targets -- which foresee the relocation of 500 million peasants to cities, huge investment in biotechnology and the addition of hundreds of millions more cars to the streets -- are ambitious, but give an indication of how the nation would like to see itself in the middle of the century.
They are likely to generate a mixed response in the outside world, where respect for China's success in raising living standards is mingled with fear that Beijing is emerging as a military rival to the US and an environmental menace to the planet.
The social projections are contained in the China Modernization Report 2006, drawn up by the country's leading research institute, the Chinese Academy of Sciences and released last Thursday.
GROWTH REQUIREMENT
If the country can maintain its current 9 percent rate of economic growth, it predicts the average income in China will rise to US$1,300 a month, about 10 times the current level.
In the past 25 years of expansion China has lifted an estimated 300 million people out of poverty, but there are still more than 80 million living below the government's poverty line of less than 668 yuan (US$83) a year.
By 2050, the institute predicts that nobody will have to subsist on such a minimum income and everyone will have access to social services.
It says the middle class will also enjoy an affluent lifestyle that only a small minority can currently afford. Half the population -- which will grow to about 1.5 billion -- will own their own car and be able to afford overseas travel.
The forecast is predicated on the transition of China from a predominantly agricultural society to a suburban, knowledge-based economy. This will entail moving 500 million rural dwellers into industrial cities, then 600 million city dwellers into high-tech suburban homes.
By 2050, 80 percent of urbanization will be completed, the report says.
DIFFICULT TARGETS
The authors admit the targets will be hard to achieve.
He Chuanqi, who headed the research team, told local reporters that China's economic situation is 100 years behind the US and there is only a 6 percent chance of his forecasts being realized.
He warned of problems emerging along with changing life styles and expectations, particularly because social change lags behind economic modernization.
A bigger threat is likely to be to the environment. China is already the world's second-biggest emitter of greenhouse gases.
If the predictions of a surge in car ownership and air travel are correct, it will far surpass the US as the major cause of global warming.
STATE COUNCIL REPORT
In a separate report, the State Council announced plans to boost investment in clean energy and nuclear power along with 14 other areas of scientific research. By 2020, it said, the country should be spending 2.5 percent of its gross domestic budget on research and development, double the current level.
By that time China would be one of the most advanced nations in the world in biotechnology and space exploration, fostering a "large number of world-class scientists and research teams," and making major breakthroughs in energy exploration, energy-saving technology and clean-energy technology.
In the military field, it called for increased spending and forecast "the development of modern weapons and informationization of the army to provide assurance for the safeguarding of national security."
Overall, it predicted a steady increase in new patents and groundbreaking scientific papers that would enable China to claim a place as a major power in science and technology by 2050.
It is far from certain these goals will be achieved, but a ream of statistics about the rapid and prolonged expansion of China's economy and scientific prowess is causing concern in Washington.
US CONCERNS
US President George W. Bush's recent announcement that the US will spend more on science and education is thought to have been at least partly influenced by such fears.
In 2003 Chinese universities saw 817,000 science and engineering students graduate -- about eight times the US tally.
The Pentagon also singled out China as the only country with the capability to emerge as a military rival.
US congressmen are warning that China's economy will overtake the US' by 2050.
With the political debate increasingly shaped by predictions of future power rather than current strength, crystal ball gazing has become a popular subject for normally staid academic publications, with the most optimistic forecasts coming from those closest to the government.
TECH RACE: The Chinese firm showed off its new Mate XT hours after the latest iPhone launch, but its price tag and limited supply could be drawbacks China’s Huawei Technologies Co (華為) yesterday unveiled the world’s first tri-foldable phone, as it seeks to expand its lead in the world’s biggest smartphone market and steal the spotlight from Apple Inc hours after it debuted a new iPhone. The Chinese tech giant showed off its new Mate XT, which users can fold three ways like an accordion screen door, during a launch ceremony in Shenzhen. The Mate XT comes in red and black and has a 10.2-inch display screen. At 3.6mm thick, it is the world’s slimmest foldable smartphone, Huawei said. The company’s Web site showed that it has garnered more than
CROSS-STRAIT TENSIONS: The US company could switch orders from TSMC to alternative suppliers, but that would lower chip quality, CEO Jensen Huang said Nvidia Corp CEO Jensen Huang (黃仁勳), whose products have become the hottest commodity in the technology world, on Wednesday said that the scramble for a limited amount of supply has frustrated some customers and raised tensions. “The demand on it is so great, and everyone wants to be first and everyone wants to be most,” he told the audience at a Goldman Sachs Group Inc technology conference in San Francisco. “We probably have more emotional customers today. Deservedly so. It’s tense. We’re trying to do the best we can.” Huang’s company is experiencing strong demand for its latest generation of chips, called
ISSUES: Gogoro has been struggling with ballooning losses and was recently embroiled in alleged subsidy fraud, using Chinese-made components instead of locally made parts Gogoro Inc (睿能創意), the nation’s biggest electric scooter maker, yesterday said that its chairman and CEO Horace Luke (陸學森) has resigned amid chronic losses and probes into the company’s alleged involvement in subsidy fraud. The board of directors nominated Reuntex Group (潤泰集團) general counsel Tamon Tseng (曾夢達) as the company’s new chairman, Gogoro said in a statement. Ruentex is Gogoro’s biggest stakeholder. Gogoro Taiwan general manager Henry Chiang (姜家煒) is to serve as acting CEO during the interim period, the statement said. Luke’s departure came as a bombshell yesterday. As a company founder, he has played a key role in pushing for the
Vanguard International Semiconductor Corp (世界先進) and Episil Technologies Inc (漢磊) yesterday announced plans to jointly build an 8-inch fab to produce silicon carbide (SiC) chips through an equity acquisition deal. SiC chips offer higher efficiency and lower energy loss than pure silicon chips, and they are able to operate at higher temperatures. They have become crucial to the development of electric vehicles, artificial intelligence data centers, green energy storage and industrial devices. Vanguard, a contract chipmaker focused on making power management chips and driver ICs for displays, is to acquire a 13 percent stake in Episil for NT$2.48 billion (US$77.1 million).