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China’s Innovation Speed ‘Inspiring,’ Says ECB Chief Lagarde

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.

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