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Bookmark or Share- Why China is making innovation the new engine of growthChina exported 1.20 million EVs in 2023, up 77.6 percent year-on-year, which accounted for more than 60 percent of the global sales of EVs. Looking ahead, China continues to be the major global player in manufacturing clean energy technologies, according to World Economic Forum 2024 Energy Transition Index, and is significantly increasing its ...
- What makes China's innovation ecosystem unique? - The World Economic ForumChina 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.
- Where is China’s economy headed? | World Economic ForumThe World Economic Forum’s Chief Economists Outlook: May 2024, a survey of top economists around the world, also found that analysts broadly expect further growth in China. Of the economists surveyed in the report, nearly 75% said they expect moderate growth in China. The figure marked an increase from the 69% who expected moderate growth the ...
- Here's how industrial clusters in China are moving towards energy self ...China has been leading renewable energy investment worldwide for approximately a decade. In 2021, with over $380 billion invested in renewables, it ranked first worldwide. One of the most significant efforts in this renewable surge is powering industrial clusters with green and renewable electricity.
- China’s shifting industries reshape long-term growth modelChina 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 ...
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