Fathom’s RiCArdo dataset is the only one that we are aware of designed specifically to track progress in the sectors targeted by ‘Made in China 2025’. It shows that progress has slowed since President Xi took office in 2013 — China’s market share grew by six percentage points between 2003 and 2013, but by only two percentage points since. China is no more specialised in the plan’s targeted sectors — it has the largest share of the market, but this