European Central Bank President Christine Lagarde has praised China's rapid integration of advanced technologies and workforce efficiency, calling its ability to transform innovations into market-ready products "quite inspiring" in an exclusive interview with CGTN's Guan Xin.
"The combination of robotics, artificial intelligence, and the continued hard work of the Chinese people creates a unique momentum," Lagarde noted, emphasizing how China's streamlined development process impacts global economic dynamics. Her remarks come as international investors increasingly monitor Asia's tech-driven growth strategies.
Analysts suggest Lagarde's comments underscore China's growing influence in shaping 21st-century industrial practices. The nation's focus on AI commercialization and automation has attracted over $200 billion in tech R&D investments since 2020, according to World Bank estimates.
This development speed carries significant implications for cross-border trade partnerships and supply chain modernization efforts worldwide. Business leaders anticipate China's model could redefine productivity benchmarks in sectors from renewable energy to smart manufacturing.
Reference(s):
cgtn.com