According to a recent report by the US Chamber of Commerce, China is expanding its state support across various sectors, including electric vehicles, semiconductors, and clean energy, to strengthen its position in global manufacturing. This shift is deepening the world's dependence on Chinese supply chains, as Beijing intensifies its state-led economic interventions. The report, titled "China’s Next-Generation Industrial Policy," indicates that China's industrial strategy is becoming more systemic, affecting all layers of production, from upstream inputs to downstream applications, thereby accelerating trade dominance.

China's earlier initiatives, such as the "Made in China 2025" program, have already reduced import dependencies and bolstered the country's competitiveness in key sectors. The report highlights that China's manufacturing trade surplus has nearly doubled since 2019, reaching around $2 trillion USD, while the number of products where China accounts for over half of global exports has surged from 192 to 315 from 2021 to 2024. The report warns that if these trends continue, advanced economies could face significant long-term erosion in manufacturing competitiveness, with up to $650 billion USD of G7 manufacturing exports at risk by 2030.