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China's industrial strength is getting stronger and stronger! What do U.S. economists say about China when they make a sober analysis?

author:Read fun facts together

Don't look at China's industry now, in fact, there are many stories behind it. You may not believe it, but China has gone from being the world's factory to being the global leader in industrial innovation. From shipbuilding to electric vehicles, from smart machines to new energy, China's industrial influence is quietly changing the landscape of our lives and the global economy.

China's industrial strength is getting stronger and stronger! What do U.S. economists say about China when they make a sober analysis?

Then again, this transformation is not that simple, and it does not happen overnight. I remember ten years ago, when people talked about global manufacturing, the first thing that might have come to mind was the "Made in China" label, when China was mainly known for making low-cost goods.

But now, the situation is very different. Let's start with electronics. Do you know? More than half of the world's smartphones are now made in China. For example, the high-definition cameras and ultra-long-lasting batteries you use every day are "made in China" with a large part of the technology.

China's industrial strength is getting stronger and stronger! What do U.S. economists say about China when they make a sober analysis?

Let's take a look at transportation, especially high-speed rail. China's high-speed rail technology has reached the world's leading level, not only building the world's longest high-speed rail network, but also beginning to export technology to overseas markets, such as the United Kingdom and Indonesia, both of which have high-speed rail projects in which China participates.

China's industrial strength is getting stronger and stronger! What do U.S. economists say about China when they make a sober analysis?

When it comes to new energy, China's progress in this area is also dazzling. The world's largest manufacturers of solar panels and wind turbines are now in China.

These companies not only meet the needs of the domestic market, but also export to Europe and the Americas. With the increasing global demand for a smaller carbon footprint, these new energy technologies in China are even more important.

China's industrial strength is getting stronger and stronger! What do U.S. economists say about China when they make a sober analysis?

Don't think that's all, China's shipbuilding industry is also very powerful. From giant oil tankers to complex offshore vessels, China's shipbuilders are gradually occupying the upper end of the market. Not to mention, in the field of unmanned ships and offshore automation equipment, China is also at the forefront of the world.

This series of changes is not just a technical or economic issue. Behind this is China's new self-confidence and strategic positioning on the global stage. China is no longer content to be the world's factory, but to become a global leader in industrial innovation.

China's industrial strength is getting stronger and stronger! What do U.S. economists say about China when they make a sober analysis?

This transformation has also provided valuable lessons for the rest of the world, especially developing countries. This strategy and flexibility that China has demonstrated is how it has found its foothold in the tide of globalization, while at the same time stabilizing its domestic economy and promoting international cooperation.

Of course, all of this has not been without its challenges. International competition and market uncertainty have always been difficult problems ahead. But looking at China's industrial strength, from electronics to energy, from rail transit to marine engineering, this diversified development model and continuous innovation ability have indeed brought new vitality to the world economy.

China's industrial strength is getting stronger and stronger! What do U.S. economists say about China when they make a sober analysis?

So finally, I would like to ask: what do you think this means for the global economy when you see the rise of China's industry? What do you think about this?

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