China’s economy is getting a major boost from its tech sector, according to a new forecast by global financial giant Morgan Stanley. The firm just raised its 2025 GDP growth prediction for the country to 4.5%, up 0.3 percentage points—and it’s all about innovation.
Why the Upgrade?
Morgan Stanley’s chief China economist, Robin Xing, highlighted the nation’s ‘relentless focus on tech advancement’ as the key driver. Think AI, green energy, and next-gen manufacturing—sectors that are reshaping industries faster than a TikTok trend.
Tech Takes the Lead
From electric vehicles dominating global markets to breakthroughs in semiconductor research, China’s push for self-reliance in critical technologies is paying off. Xing noted that these efforts are not just about growth but ‘future-proofing’ the economy against global uncertainties.
Young professionals and investors, take note: this isn’t your grandparents’ industrial boom. It’s a digital revolution with startups and state-backed projects racing to build the next big thing.
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China's economic growth sustained by ongoing tech advancement
cgtn.com