China's tech advances boon for enterprises worldwide

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CHINA's emphasis on driving a shift to new quality productive forces will inject strong tailwinds into the economy and create rising growth opportunities for investors worldwide, said Simon Lacey, head of Digital Trade and Geopolitics at the World Economic Forum.

Official data reflect the marked shift with exports of high-tech and green "new three" products experiencing substantial growth.

"If we can get to a stage of healthy competition, there can be a lot of benefits for the rest of humanity as both countries are trying to compete with each other on a whole range of really important technologies".

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChina

Topics: Technology Technology Electric vehicles Economy Economy /Business/Business News High-tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 14:24:00 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 562 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21927135

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