China's emergence as a powerhouse in new quality productive forces is making significant waves across the globe. This development is not just reshaping China's economy but also driving a worldwide shift towards sustainable energy and innovative technologies.
At the recent World Energy Congress, Amin Nasser, CEO of Saudi Aramco, highlighted China's pivotal role in reducing the cost of solar energy. \"China has made these green products so affordable. They will help the West achieve its target of cutting carbon emissions to a net zero level by 2050,\" Nasser remarked. His statement underscores the international community's recognition of China's contributions to the global energy transition.
China's advancements in new energy industries, a core component of its productive forces, are supported by cutting-edge technologies and innovative ideas. These developments are not only benefiting major emitters but are also fostering international technology cooperation, enabling countries worldwide to elevate their productive capacities.
In Egypt, the China-aided EgyptSat-2 is playing a crucial role in agriculture, afforestation, environmental disaster monitoring, and urban construction. Similarly, in the United Arab Emirates, Chinese companies are driving local development through smart cities, clean technology, and advanced manufacturing under the Belt and Road Initiative framework.
Moreover, 2023 witnessed a remarkable 30% increase in China's exports of electric vehicles, lithium-ion batteries, and photovoltaic products. This surge is poised to significantly enhance global productive forces, paving the way for a sustainable and technologically advanced future.
As China's new quality productive forces continue to grow, their positive impact on global sustainability goals and economic development becomes increasingly evident, positioning China as a key player in the world's transition to a greener and more innovative future.
Reference(s):
Why does the world need China's new quality productive forces?
cgtn.com
