China is undergoing a significant transformation in its export landscape, moving away from traditional manufactured goods towards high-tech and green energy products. Daryl Guppy, CEO of Guppytraders.com, highlighted this shift in a recent live interview with CGTN.
Guppy attributes this change to emerging productive forces that prioritize innovation and sustainability. \"The focus on high-tech and green energy is not just a trend but a strategic move to position China at the forefront of future industries,\" he explained.
Additionally, Guppy emphasized the role of Chinaโs visa-free policy in bolstering international trade relations. By easing travel restrictions, China aims to foster greater foreign engagement, which in turn supports the expansion of its high-tech export sectors.
This strategic pivot is expected to enhance China's competitiveness in the global market, attracting more international partnerships and investments in cutting-edge technologies and sustainable energy solutions.
Reference(s):
cgtn.com