Special Draft | World Focus on China's Economic "New Power"

2024-04-23

Apple announced plans to expand its applied research laboratory in China, AstraZeneca invested $475 million to build a new small molecule innovative drug factory in Wuxi, Jiangsu, and Micron Technology announced plans to expand its investment in China and strengthen cooperation with China in the fields of semiconductors and digital economy. Since the beginning of this year, foreign investment in China has shown an important trend: investing more energy and investment into the innovation track. This trend is closely related to China's current acceleration of the development of new quality productive forces. The next "China" is still China. For the world, China's new quality productivity driven by innovation and marked by the improvement of total factor productivity is forming new attractiveness in the global industrial landscape. Strong magnetic attraction injects new energy into the world economy. The unmanned truck appearing in the sci-fi movie "Wandering Earth 2" is not a movie special effect. In the exhibition hall of Shanghai Xijing Technology Co., Ltd., the reporter saw the prototype - the Q Truck, an unmanned new energy commercial vehicle. A Xijing Technology unmanned heavy-duty truck Q-Truck (front) underwent dynamic testing at the unmanned commercial vehicle joint laboratory site in Shanghai (photographed on September 26, 2023). "The work efficiency of unmanned trucks has approached the level of manual driving efficiency," said Zhang Bo, Senior Vice President of Xijing Technology. Q-Truck is fully autonomous and can be used in multiple scenarios such as sea, land, airports, and factories. Even in harsh weather and complex road conditions, it can work non-stop, freeing people from high-intensity, long-term, and high-risk driving operations. In 2020, Q-Truck sailed overseas and landed at the Port of Linchaban in Thailand to assist in the intelligent transformation of the port. It is reported that about half of the containers at the port are now transported by Q-Truck, greatly improving transportation efficiency. At present, Xijing Technology provides products and services to customers in 18 countries and regions, including Singapore, the United Kingdom, and the United Arab Emirates. The company's unmanned fleet operates a total of 506000 standard containers worldwide. The Q-Truck, which promotes the sustainable development of global container logistics, embodies the innovative power of China's autonomous driving technology, which is also a microcosm of the new productivity injecting new momentum into the world economy. As an important driving force for global economic growth, China actively cultivates and develops new quality productive forces, which not only develops itself but also injects more and stronger impetus into the recovery and growth of the world economy. According to data from the Ministry of Commerce, in the first quarter of this year, there were 12000 newly established foreign-funded enterprises, a year-on-year increase of 20.7%. From the perspective of investment structure, the proportion of high-tech manufacturing industry investment in the first quarter reached 12.5%, an increase of 2.2 percentage points from the same period last year. Capital uses its feet to vote, demonstrating that new productive forces are releasing a strong magnetic force towards the world. Alexei Maslov, Dean of the Asia Africa College at Moscow State University in Russia, believes that China's economic development model itself has undergone fundamental changes. If in the past China's economic development was driven by cheap goods and labor, now China's economic development is more reliant on technological innovation. In the past, China was known as the "factory of the world", but now, China should be seen as

Edit:Yi Jing    Responsible editor:Li Nian

Source:XinhuaNet

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