Why Doesn't Britain Have a Huauei of its own?

I believe it does fundamentally come down to having a robust and enduring national industrial strategy. Relying on the market to deliver everything without proper government steer and enduring commitment, has seen many great national inventions and companies sold off for short term profit and leaving the UK very vulnerable to the whims of other nations trading with us, or not, and having to import, vulnerable, external IPR controlled technologies vital to our future.

The UK Industrial Strategy, like all previous government 'strategies', has well meaning words, but what true enduring investment and exploitation commitment that benefits UK plc? Lots of good words about 'Five Foundations' (including digital infrastructure), four 'Grand Challenges' ((including AI and data revolution), five 'Sector Deals' (including AI), setting up an 'Industrial Strategy Council' (set up in Oct-Nov 18 bit what has it done?) and key Industrial Policies (including digital infrastructure and incentivising sectors). What has happened in reality for digitisation and growing and retaining national expertise, technologies and product/service companies to meet these aspirations and, following BREXIT, go out into the promised well-hyped 'new brave world' of trade and commerce and export for UK benefit for decades to come. If there is no true and enduring national industrial strategy (as China has had for decades and is now so dominant in a wide spectrum of future critical sectors and technologies), then the normal UK great innovation but poor exploitation cycle will continue: as great UK innovator companies start on their journeys with UK taxpayer seed corn money and hard earned UK R&D and set up risks, foreign investors/companies/sovereign wealth funds will be allowed to buy them and exploit our national ideas outside the UK.

https://www.gov.uk/government/topical-events/the-uks-industrial-strategy 

I believe it does fundamentally come down to having a robust and enduring national industrial strategy. Relying on the market to deliver everything without proper government steer and enduring commitment, has seen many great national inventions and companies sold off for short term profit and leaving the UK very vulnerable to the whims of other nations trading with us, or not, and having to import, vulnerable, external IPR controlled technologies vital to our future.

The UK Industrial Strategy, like all previous government 'strategies', has well meaning words, but what true enduring investment and exploitation commitment that benefits UK plc? Lots of good words about 'Five Foundations' (including digital infrastructure), four 'Grand Challenges' ((including AI and data revolution), five 'Sector Deals' (including AI), setting up an 'Industrial Strategy Council' (set up in Oct-Nov 18 bit what has it done?) and key Industrial Policies (including digital infrastructure and incentivising sectors). What has happened in reality for digitisation and growing and retaining national expertise, technologies and product/service companies to meet these aspirations and, following BREXIT, go out into the promised well-hyped 'new brave world' of trade and commerce and export for UK benefit for decades to come. If there is no true and enduring national industrial strategy (as China has had for decades and is now so dominant in a wide spectrum of future critical sectors and technologies), then the normal UK great innovation but poor exploitation cycle will continue: as great UK innovator companies start on their journeys with UK taxpayer seed corn money and hard earned UK R&D and set up risks, foreign investors/companies/sovereign wealth funds will be allowed to buy them and exploit our national ideas outside the UK.

https://www.gov.uk/government/topical-events/the-uks-industrial-strategy