What's Happening?
Mianyang, a city in Sichuan province, has emerged as a significant hub for science and technology in China, reflecting a broader global trend towards self-reliance. Historically, Mianyang played a crucial role during China's 'Third Front Construction'
era from 1964 to 1978, when strategic industries were relocated inland to foster a self-reliant economy amidst external threats. This period marked a pivotal phase in China's industrial evolution, transitioning from heavy industrial foundations to defensive strategies and eventually reform and opening up post-1980s. Today, Mianyang stands as China's only official Science and Technology City, specializing in sectors such as national defense, aerospace, and advanced materials. This shift towards self-reliance is not unique to China; it is becoming a global movement driven by the desire for economic stability and national security, evident even in Western nations.
Why It's Important?
The global shift towards self-reliance signifies a departure from super-globalization, impacting international trade and economic policies. For the U.S., this trend could lead to increased competition in technology and defense sectors, as countries prioritize domestic capabilities over international dependencies. Industries that rely heavily on global supply chains may face challenges, prompting a reevaluation of strategies to ensure resilience against geopolitical uncertainties. This movement could also influence U.S. policy decisions, encouraging investment in domestic innovation and infrastructure to maintain competitiveness. As nations focus on self-reliance, the U.S. may need to adapt its economic and diplomatic approaches to navigate this evolving landscape.
