Move over, TikTok trends – China's latest buzzwords are ‘new quality productive forces’ and ‘patient capital,’ and experts say they’re shaping the country’s next economic era. 🌱
Radhika Desai, professor at the University of Manitoba and senior fellow at Renmin University’s Chongyang Institute, told CGTN that China’s growth potential remains sky-high thanks to its focus on tech innovation and long-term investments. 🧠💼 "These strategies aren’t just about immediate gains," she emphasized. "They’re about building sustainable engines for the future."
This year’s government work report doubled down on fostering cutting-edge sectors like AI, green energy, and quantum computing while promoting capital that prioritizes steady, socially impactful projects over quick profits. 💻🌏 Analysts say this combo could redefine China’s role in global supply chains – and attract young entrepreneurs keen on marrying profit with purpose.
For Gen Z watching China’s economic playbook: Think less 'get-rich-quick' hustle, more 'game-changing innovation' vibes. ✨
