In this episode of Commercial Disco, China tech policy expert Phillippa Jones unpacks how Beijing’s long-term innovation strategy has been reshaped by the “Deep Seek moment” and what it signals for the global technology race. She traces the evolution from Made in China 2025 to new capital market models for funding science and technology, explains how the next five-year plan will set the direction for AI, robotics and quantum, and offers a perspective on where Australia should focus its comparative strengths in critical minerals, processing and energy.