China's advancements in AI, IoT, and industrial robots are driving economic growth and attracting global investors.

China's focus on driving technological advancements, including AI, IoT, and industrial robots, is expected to fuel economic growth and create opportunities for global investors. Chinese companies have demonstrated their ability to innovate and produce breakthrough technologies, with the "new three" sectors (new-generation information technology, biotechnology, and high-end equipment manufacturing) seeing a 30% annual increase. Simon Lacey, head of Digital Trade and Geopolitics at the World Economic Forum, emphasizes the importance of technical knowledge flowing across borders and an open innovation model, while noting China's significance to global companies due to its large domestic market and role in innovation and research.

August 05, 2024
3 Articles