I'm not sure what technology you have in mind here. Correct if this is wrong, but China has required for transfer of technology when some business wanted to produce on its territory and has produced basically everything we can think of under the sun.

As the famous roll pen examplify, China can definitely make high tech products and it's more a question if economical relevance whether they will intensify in that direction

https://theasymmetric.substack.com/p/china-ballpoint-pen-mac...