For China, the need for cutting-edge technology is growing in both importance and urgency.
China vows to build a shared future for all life on the earth. The commitment to carbon neutrality and the actions taken to deal with global climate change will not only benefit mankind, but also all life and ecosystem on the earth.
In this game, Australia is seen as the pawn of a bigger power. The US has been keen to pull Australia away from its economic interdependence with China and the US will certainly gain from the current trade disputes, with its exporters moving in to replace Australian beef, wine and lobster.
While the US government has aggressively fought to limit Huawei’s global reach, it has been China’s smartphone brands that have taken an increasingly large share of the global smartphone market.
China’s extensive afforestation activities will make a significant impact on contribution to China carbon neutral by 2060.
There is no doubt that BRICS economies will play a crucial role in the global recovery after the pandemic through its mutual institutions and systems.
The QUAD is now loosely united by the unsubstantiated idea that China has hegemonic aspirations across Asia and the Indo-Pacific. As a result, it is turning to more hawkish solutions rather than the cooperative, diplomatic mechanism for discussions about shared interests.
China’s NEV and Li-Ion success has come as a result of an industrial policy meant to spur domestic consumption of EVs, encouraging the rest of the supply chain to develop in order to meet consumer demand.
The CIIE reflects China’s firm determination to support free trade and economic globalization and that it will continue to open its doors to mutually beneficial foreign investment and collaboration.