InnovationScienceTechnology

China’s Next Five-Year Plan Prioritizes Tech Self-Reliance Amid US Tensions

Beijing is mapping out an ambitious technology independence strategy in its next five-year plan, with advanced semiconductors and artificial intelligence taking center stage. The push comes as China’s R&D spending reaches $505 billion annually, creating new opportunities to attract global talent amid US budget constraints.

Strategic Shift Toward Technological Independence

China is doubling down on its quest for technological self-sufficiency, with top leaders in Beijing this week outlining a comprehensive strategy to overcome foreign dependencies in critical sectors. According to communiques from high-level political meetings, the country’s upcoming 15th five-year plan will prioritize what officials term “key core technologies” – a clear reference to areas where China currently relies on Western innovation.

Earth SciencesEconomics

Nobel Economics Prize Honors Research on Technology, Innovation and Economic Growth

Three distinguished economists have been awarded the 2025 Nobel Prize in Economics for their transformative work on how scientific innovation and market competition drive economic growth. Their research provides crucial insights into the mechanisms of technological progress and creative destruction that shape modern economies. The 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded to three pioneering researchers whose work fundamentally explains how technological innovation and scientific advancement drive sustained economic growth. The award recognizes decades of research that has transformed our understanding of the relationship between knowledge creation, market competition, and economic development.

Meet the 2025 Nobel Laureates in Economics

AerospaceEmployment

NASA’s Jet Propulsion Laboratory Announces 550 Job Cuts in Major Restructure

Jet Propulsion Laboratory, NASA’s premier research facility, will eliminate 550 positions as part of a major organizational restructuring. The cuts represent 11% of JPL’s workforce and aim to create a leaner operation focused on core space exploration capabilities.

NASA’s Jet Propulsion Laboratory announced significant workforce reductions Monday, cutting approximately 550 positions representing 11% of its total employees as part of a major organizational restructuring. The layoffs at the federally-funded research and development facility come amid what Director Dave Gallagher describes as necessary transformation to meet future space exploration challenges.

JPL Restructuring Details and Timeline