For China, the original idea behind MIC2025 was simply to catch up with other countries, a tall order even by its own admission. Look no further than the new-generation information technology sector, one of the plan’s 10 target industries. After more than two decades and billions of dollars spent, China has yet to commercialise a home-grown operating system for computers, or a microchip, not to mention breaking into the global computing market that Microsoft and Intel dominate.