In a recent live interview with CGTN, economist Daryl Guppy, CEO of Guppytraders.com, highlighted a significant shift in the Chinese mainland’s export landscape. According to Guppy, China’s exports are moving away from standard manufactured goods towards high-tech and green energy products.
“This change is driven by new productive forces,” Guppy explained, emphasizing the nation’s growing focus on innovation and sustainable development. He noted that this shift reflects China’s commitment to advancing technology and addressing global environmental challenges.
Guppy also pointed out the importance of China’s visa-free policy, stating that it will bolster foreign engagement and strengthen international trade relations. “Increased accessibility will encourage more international collaboration and investment,” he said.
The economist’s insights underscore a transformative period in China’s economy, as the country positions itself as a leader in high-tech industries and green energy solutions. This evolution not only impacts global trade dynamics but also presents new opportunities for international businesses and investors.
Reference(s):
cgtn.com
