China’s shifting industries reshape long-term growth model
2024年6月28日 · China is shifting from high-speed growth in gross domestic product (GDP) to a focus on advanced technology and manufacturing, aiming to enhance the quality and sustainability of economic development. The Chinese economy faces short-term structural challenges, including high debt levels, overbuilding, a real estate slump, youth unemployment ...
What makes China so attractive to manufacturers?
2023年6月16日 · China has deployed a strategy that ensures the entire manufacturing supply chain is located there, and has mastered each step of the process. China even imports and processes much of the world’s wool and cotton, including a significant amount of U.S.-grown cotton that comprises approximately 35 per cent of the world total.
3 trends that are changing the chemical industry in 2024
2024年1月4日 · In line with this, China's self-sufficiency rate for ethylene in the chemical industry continues to rise, and according to Chemical Market Analytics, full self-sufficiency in the Chinese market is expected by 2025 with the establishment of new petrochemical complexes.
What makes China's innovation ecosystem unique? - The World …
2023年6月27日 · China is the world's second-largest economy and looks set to become a global hub of future-looking innovation. But what's behind the transition from being the world's main manufacturing hub to an innovation ecosystem? Members of the World Economic Forum's Innovator Communities outline the cultural and societal factors driving innovation.
Why China is making innovation the new engine of growth
2024年6月28日 · From 2018 to 2023, China's research and development expenditure increased by nearly 70 percent, making a global impact by continuously advancing cutting-edge technologies. Last year, for instance, China applied for 921,000 patents, up 15.3% year-on-year. In fact, China has the largest number of valid domestic patents in the world.
Automotive industry circularity: How the EU, China and the US are ...
2024年3月22日 · China Lead, Advanced Manufacturing and C4IR, World Economic Forum This article is part of: Centre for Advanced Manufacturing and Supply Chains The automotive industry must transition to the circular economy across its entire product life cycle in order to further reduce direct emissions.
Here's how industrial clusters in China are moving towards energy …
2023年2月24日 · As the “world’s factory”, China sees a higher percentage of carbon emissions and energy consumption from industry than many other countries. In 2020, the industrial sector in China accounted for about 70% of total final energy use. China has over 25,000 industrial parks across the country.
These innovations from China are improving resiliency and ...
2022年5月23日 · In Greater China, a country that represents almost 30% of global manufacturing output, leading companies are harnessing intelligent manufacturing technologies - from the internet of things to 3D printing - to transform their operations and business models in a responsible way, showing great promises across industries.
China's industrial decarbonization relies on the value chain | World ...
2023年12月11日 · Energy and industry is a key theme at COP28 and is particularly relevant to China, which accounts for the largest share of global industrial production. The World Economic Forum and Accenture are promoting the Clean Power for Industry initiative with a focus on China.
China's approach to data and AI is changing. Here's how | World ...
2024年1月11日 · China’s industry policy last decade was “Internet+ (plus)”, but the current focus of its digital transformation is “data x (multiply)”. The small word change means the profound development of China’s digital economy, which provides an important case study for all emerging markets seeking an AI revolution of their own.