China's Ambassador Outlines Ambitious Plan to Jumpstart Economy and Foster High-Tech Industries
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Chinese Ambassador to the United States, Xie Feng, has revealed China's plan to accelerate economic growth through investment in high-tech and emerging industries. The plan, called 'new quality productive forces,' aims to upgrade traditional industries to be higher-end, smarter, and greener. It also seeks to foster new industries such as biomanufacturing and commercial spaceflight, as well as advance the digital economy. China intends to open up its market to attract foreign investment and lift restrictions on foreign investment access to manufacturing. The strategy is expected to boost China's growth, generate investment and consumption needs, and improve economic and business relations between China and the United States. Ambassador Xie Feng dismisses concerns about China's economy peaki...

#newstr #China #Economy #Investment #Hightech #EmergingIndustries 

 https://here.news/story/299b285d?ver=0.31 

 It is enough to read only this sentence in the whole article:

China intends to open up its market to attract foreign investment. 

Because without foreign investment, the internal circulation will soon prove to be a dead end.