{"id":7412,"date":"2021-04-02T06:45:33","date_gmt":"2021-04-02T06:45:33","guid":{"rendered":"https:\/\/focus.cbbc.org\/?p=7412"},"modified":"2021-03-31T09:31:00","modified_gmt":"2021-03-31T09:31:00","slug":"what-the-integrated-review-and-the-14th-five-year-plan-have-in-common","status":"publish","type":"post","link":"https:\/\/focus.cbbc.org\/what-the-integrated-review-and-the-14th-five-year-plan-have-in-common\/","title":{"rendered":"What the Integrated Review and the 14th Five-Year Plan have in common"},"content":{"rendered":"<h2>The UK\u2019s Integrated Review mirrors many of the top priorities of China\u2019s 14th Five-Year Plan, including cooperation in R&amp;D and green development and more investment in these areas.<\/h2>\n<p>The UK government published its long-awaited Integrated Review of Security, Defence, Development and Foreign Policy on 16 March. The nearly 100-page long document, titled \u2018Global Britain in a Competitive Age,\u2019 outlines the government\u2019s foreign policy strategy for the next five years as well the Prime Minister\u2019s vision for the UK in 2030.<\/p>\n<p>Among the main items: by the end of this decade, the UK aims to be a science and technology superpower, as well as a global hub for services, and the digital and data economy. Spending on R&amp;D should reach 2.4% of GDP by 2027, while the government will invest at least \u00a3800 million to set up the Advanced Research and Invention Agency (ARIA) to fund high-risk\/high-reward research.<\/p>\n<p><a href=\"\/lp-cta-navigator\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"aligncenter wp-image-7250 size-full\" src=\"https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-navigator.png\" alt=\"\" width=\"4680\" height=\"786\" srcset=\"https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-navigator.png 4680w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-navigator-300x50.png 300w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-navigator-1024x172.png 1024w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-navigator-768x129.png 768w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-navigator-1536x258.png 1536w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-navigator-2048x344.png 2048w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-navigator-1920x322.png 1920w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-navigator-1170x197.png 1170w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-navigator-585x98.png 585w\" sizes=\"(max-width: 4680px) 100vw, 4680px\" \/><\/a><\/p>\n<p>Furthermore, the UK wants to become a leader in green technologies and sustainable development, while achieving carbon neutrality by 2050, ten years ahead of China. The government wants to invest \u00a312 billion to support a green industrial revolution and create up to 250,000 highly skilled green jobs by 2030.<\/p>\n<p>The IR\u2019s ambitious development goals for R&amp;D investment and green technologies are unlikely to succeed without international cooperation. This will also surely include working with China, whose own recently-published <a href=\"https:\/\/focus.cbbc.org\/summary-chinas-14th-five-year-plan\/#.YGLm2UgzbBI\" target=\"_blank\" rel=\"noopener\">14th Five-Year Plan<\/a> lists many of the same areas as top priorities. For example, China wants to increase overall spending on R&amp;D by at least 7% per year until 2025. Its seven core research pillars also include advanced AI, quantum technology, and engineering biology, all areas included in the IR<\/p>\n<p>Although the IR maintains that the UK\u2019s defence strategy continues to be centred on the Euro-Atlantic area and that Russia remains the country\u2019s \u2018acute direct threat,\u2019 most of the media coverage focused on the IR\u2019s so-called \u2018tilt\u2019 towards the Indo-Pacific region.<\/p>\n<div style=\"clear:both; margin-top:2em; margin-bottom:2em;\"><a href=\"https:\/\/focus.cbbc.org\/guide-to-eu-china-comprehensive-agreement-on-investment\/\" target=\"_self\" rel=\"dofollow\" class=\"u58d2e65e7f1c501e86fdbf919f275838\"><style> .u58d2e65e7f1c501e86fdbf919f275838 { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:#eaeaea; border:0!important; border-left:4px solid #E74C3C!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u58d2e65e7f1c501e86fdbf919f275838:active, .u58d2e65e7f1c501e86fdbf919f275838:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u58d2e65e7f1c501e86fdbf919f275838 { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u58d2e65e7f1c501e86fdbf919f275838 .ctaText { font-weight:bold; color:#E74C3C; text-decoration:none; font-size: 16px; } .u58d2e65e7f1c501e86fdbf919f275838 .postTitle { color:#000000; text-decoration: underline!important; font-size: 16px; } .u58d2e65e7f1c501e86fdbf919f275838:hover .postTitle { text-decoration: underline!important; } <\/style><div style=\"padding-left:1em; padding-right:1em;\"><span class=\"ctaText\">Read Also<\/span>&nbsp; <span class=\"postTitle\">Quick guide to the EU-China Comprehensive Agreement on Investment<\/span><\/div><\/a><\/div>\n<p>According to the IR, this \u2018tilt\u2019 implies greater economic and diplomatic engagement in the region, supported by the UK\u2019s membership of CPTPP and its status as an ASEAN dialogue partner. The IR states that the Indo-Pacific already accounts for 17.5% of UK <a href=\"https:\/\/focus.cbbc.org\/john-edwards-on-uk-china-trade\/\" target=\"_blank\" rel=\"noopener\">global trade<\/a> and 10% of inward FDI. The UK government wants to deepen this connection via new trade agreements, dialogues and partnerships in science, technology and data.<\/p>\n<p>With regard to China, the document\u2019s position appears to be contradictory. On the one hand, it labels China as the \u2018biggest state-based threat to the UK\u2019s economic security\u2019 and a \u2018systemic competitor.\u2019 On the other, it emphasises that the UK will \u2018continue to pursue a positive trade and investment relationship with China and seek cooperation with Beijing in addressing global challenges such as <a href=\"https:\/\/focus.cbbc.org\/carbon-capture\/\" target=\"_blank\" rel=\"noopener\">climate change<\/a>.\u2019<\/p>\n<p>In fact, most of the IR\u2019s goals will likely require more engagement with China, not less in the coming years. This is particularly true if the UK wants to strengthen its commercial ties with the Indo-Pacific and benefit from the region\u2019s vast growth potential, as explained below. Even the IR&#8217;s domestic goals, like its aspirations to global leadership in advanced technologies and green technologies, will imply more exchanges with Chinese researchers and businesses, many of which already lead in these areas.<\/p>\n<p><a href=\"https:\/\/cbbc-public.oss-eu-west-1.aliyuncs.com\/China%20Policy%20Update\/2021\/3%20March\/IR%20and%2014th%20Five%20Year%20Plan_Final.pdf\" target=\"_blank\" rel=\"noopener\">Click here to read the full analysis.<\/a><\/p>\n<p><a href=\"\/lp-cta-membership1\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"aligncenter wp-image-7248 size-full\" src=\"https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-membership1.png\" alt=\"\" width=\"4680\" height=\"786\" srcset=\"https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-membership1.png 4680w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-membership1-300x50.png 300w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-membership1-1024x172.png 1024w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-membership1-768x129.png 768w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-membership1-1536x258.png 1536w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-membership1-2048x344.png 2048w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-membership1-1920x322.png 1920w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-membership1-1170x197.png 1170w, https:\/\/focus.cbbc.org\/wp-content\/uploads\/2021\/03\/lp-membership1-585x98.png 585w\" sizes=\"(max-width: 4680px) 100vw, 4680px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK\u2019s Integrated Review mirrors many of the top priorities of China\u2019s 14th Five-Year Plan, including cooperation in R&amp;D and green development and more investment in these areas. The UK government published its long-awaited Integrated Review of Security, Defence, Development and Foreign Policy on 16 March. The nearly 100-page long document, titled \u2018Global Britain in a Competitive Age,\u2019 outlines the government\u2019s foreign policy strategy for the next five years as&hellip;<\/p>\n","protected":false},"author":26,"featured_media":7416,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[132],"tags":[1996,586],"class_list":["post-7412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-diplomacy","tag-policy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What the Integrated Review and the 14th Five-Year Plan have in common - Focus - China Britain Business Council<\/title>\n<meta name=\"description\" content=\"The goals of the Integrated Review will require more engagement with China in the coming years, especially in fields like R&amp;D and greentech\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/focus.cbbc.org\/what-the-integrated-review-and-the-14th-five-year-plan-have-in-common\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What the Integrated Review and the 14th Five-Year Plan have in common - 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