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Story summary
- China's parliamentary meetings indicate a shift toward intensified technological competition with the United States.
- The work report sets a 4.5–5% growth target and a 10% rise in R&D funding.
- China emphasizes technological self-reliance and breakthroughs in core technologies.
- This shift comes as U.S. export controls tighten on advanced semiconductors.
- The result is more competition in key sectors and reduced prospects for global cooperation.
