But while industry players welcomed the strategy, they also criticised its level of support.
This amount, however, is dwarfed by similar initiatives in the West.
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We need to see faster action behind bigger numbers to achieve the goal, Brock explained.
Unlike the US and the EU, the UKs plan comes without particular focus on strengthening manufacturing capabilities.
By having technology that the others want.
Story byIoanna Lykiardopoulou
Ioanna is a writer at TNW.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.