Ever since its inception, the concept of China’s new quality productive forces has garnered global attention. As nations worldwide grapple with economic growth and sustainable development, China’s strides in innovative industries offer a fresh perspective on international collaboration and progress.
“China really helped by reducing the cost of solar energy,” remarked Amin Nasser, Chief Executive of Saudi Aramco, at the World Energy Congress. “Because China has made these green products so affordable, they will help the West achieve its target of cutting carbon emissions to a net-zero level by 2050.”
At a time when many developed countries are striving to meet ambitious emission targets, China’s advancements in the new energy sector stand as a beacon of opportunity. Rather than viewing China’s capacity in green products as a threat, the international community increasingly recognizes the benefits of embracing these developments for a global energy transition.
Supported by cutting-edge technologies and innovative ideas, China’s new quality productive forces extend their impact beyond its borders. In Egypt, the China-aided EgyptSat-2 satellite serves a critical role in agriculture, afforestation, environmental disaster monitoring, and urban planning. This collaboration enhances Egypt’s capabilities in managing resources and responding to environmental challenges.
Similarly, in the United Arab Emirates, partnerships under the framework of the Belt and Road Initiative have seen Chinese companies contribute significantly to local development. Firms specializing in smart cities, clean technology, and advanced manufacturing are at the forefront of fostering sustainable growth and technological innovation in the region.
The global reach of China’s new quality productive forces is further evidenced by a remarkable 30 percent increase in exports of the “new trio”—electric vehicles, lithium-ion batteries, and photovoltaic products—in 2023. This surge not only bolsters global access to sustainable technologies but also elevates productive capacities worldwide.
As international technology cooperation deepens, the world stands to gain substantially from China’s commitment to innovation and development. By sharing advancements and promoting collaborative growth, China’s new quality productive forces are poised to play a pivotal role in shaping a more sustainable and prosperous global future.
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Why does the world need China's new quality productive forces?
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