Economy Key issues, implications of US-China trade talks, explained Updated : January 28, 2019 12:24 PM IST China is determined to upgrade its industrial base in 10 strategic sectors by 2025, including aerospace, robotics, semiconductors, artificial intelligence and new-energy vehicles. US officials say they don't have a problem with China moving up the technology ladder, but they don't want it to happen with stolen or unfairly obtained American know-how. Beijing has also taken some steps to open up to more imports, including lowering tariffs on imported cars and allowing foreign companies in some sectors to own a majority of their operations in China. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.