As global leaders gathered at the World Economic Forum (#WEF) in Davos, the spotlight turned to China’s evolving economic strategy. Amid global uncertainties, experts emphasized that the world economy is counting on China’s stability—and its bold new drivers for growth.
“The Chinese economy is hugely important and continues to be important,” said The National’s Editor-in-Chief Mina Al-Oraibi. With a 5% GDP growth in 2024 and massive purchasing power, China remains a cornerstone of global markets. But what’s next?
Manufacturing muscle: China’s industrial sector held its position as the world’s largest for the 15th straight year. “China is the manufacturing house of the world,” said Michael Suss of Oerlikon. “If China isn’t producing, global markets face issues.”
New engines like domestic consumption, green tech, and innovation are taking center stage. Zhu Min, a senior economic advisor, highlighted that China aims to make “made-in-China” synonymous with cheap, high-quality, and high-tech—a vision set to reshape global supply chains.
As the world watches, China’s pivot to sustainable growth could redefine its role in the global economy. The message from Davos? Don’t underestimate the dragon’s next move.
“The Chinese economy is hugely important and continues to be important,” said The National’s Editor-in-Chief Mina Al-Oraibi. With a 5% GDP growth in 2024 and massive purchasing power, China remains a cornerstone of global markets. But what’s next?
Manufacturing muscle: China’s industrial sector held its position as the world’s largest for the 15th straight year. “China is the manufacturing house of the world,” said Michael Suss of Oerlikon. “If China isn’t producing, global markets face issues.”
New engines like domestic consumption, green tech, and innovation are taking center stage. Zhu Min, a senior economic advisor, highlighted that China aims to make “made-in-China” synonymous with cheap, high-quality, and high-tech—a vision set to reshape global supply chains.
As the world watches, China’s pivot to sustainable growth could redefine its role in the global economy. The message from Davos? Don’t underestimate the dragon’s next move. 
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