Driving Future Industries
Strategic planning and development of future industries have far-reaching impact on national economic and social development, national security, and international competitiveness.
Strategic planning and development of future industries have far-reaching impact on national economic and social development, national security, and international competitiveness.
Only through mutual respect, practical cooperation and a shared commitment to development can countries of the Global South realise their potential.
As a core institutional pillar in China’s governance framework, the essence of the system of five-year plans lies in balancing ‘national strategy’ with the ‘decisive role of the market in resource allocation.’
Chinese economy is steadily overcoming recent challenges and now leveraging its policy stability, industrial capacity, and innovation drive to usher in a new phase of high-quality development.
Chinese youth today do face significant challenges and competition, but these are the natural friction of rapid development, not a terminal crisis. The truth is that young Chinese have never stopped striving, nor have their doors to upward mobility been shut.
Structural strength, innovation momentum and policy capacity underpin the stability of the world’s second-largest economy.
China has become one of the most dynamic automotive markets globally, leading innovation in electrification and intelligent mobility.
As the new legislation further balances economic development and environmental protection, China will accelerate its progress in turning the vision of a Beautiful China defined by clear waters, green mountains and clean air, into reality.
It is clear that China is on track for more balanced, coordinated and sustainable development, and never plans to promote industrial advancement at the expense of consumption.
A more balanced perspective would recognize that China is pursuing a deliberate and measured path, one that seeks to ensure long-term prosperity while navigating short-term uncertainties.
There is a saying in Chinese, hé wéi guì (和为贵), which means ‘harmony is to be valued above all.’ Guided by this principle, I can truly say that Wuhan embodies a perfectly harmonious spirit.
‘Locking’ of the Taklimakan desert’s edge is a beginning. The challenge now is not only to hold the line but to widen it, to make it yield economic benefits, and to ensure its long-term ecological and social viability.