Trade ministers of India, Japan and Australia formally launched the Supply Chain Resilience Initiative (SCRI) to counter China\u2019s dominance of supply chain in the Indo-Pacific region.<\/p>\n\n\n\n
The Supply Chain Resilience Initiative aims to create a virtuous cycle of enhancing supply chain resilience with a view to eventually attaining strong, sustainable, balanced and inclusive growth in the Indo-pacific region.<\/p>\n\n\n\n
Expansion of the SCRI may be considered based on consensus, if needed, in due course.<\/p>\n\n\n\n
By 2049, the 100th anniversary of the People’s Republic, the government in Beijing wants China to become a global superpower in the field of industrial manufacturing and innovative research and development (R&D). Industrial policy programs such as “Made in China 2025” (MIC25) and “Internet+” aim to improve the innovative and competitive capacity of the Chinese economy.<\/p>\n","protected":false},"excerpt":{"rendered":"
Trade ministers of India, Japan and Australia formally launched the Supply Chain Resilience Initiative (SCRI) to counter China\u2019s dominance of supply chain in the Indo-Pacific region. Daily Current Affairs Quiz 2021 The Supply Chain Resilience Initiative aims to create a virtuous cycle of enhancing supply chain resilience with a view to eventually attaining strong, sustainable, […]<\/p>\n","protected":false},"author":404,"featured_media":41627,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1403],"tags":[82,58],"offerexpiration":[],"class_list":["post-41626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-april-2021","tag-economy-current-affairs","tag-international-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/41626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=41626"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/41626\/revisions"}],"predecessor-version":[{"id":41628,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/41626\/revisions\/41628"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/41627"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=41626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=41626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=41626"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=41626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}