Part 4/9:
As China pivots toward new productive forces—such as new energy vehicles (NEVs), battery technology, and robotics—the recent launch of a half marathon featuring both human runners and robots showcased the nation’s advancements in humanoid robotics. While many robots struggled during the event, the overarching message was clear: China is not merely catching up with Western innovation; it is pioneering developments that may place it years ahead.
The atmosphere surrounding these innovations is positive, amplifying consumer sentiment after a prolonged period of anxiety. The country is seeing a resurgence in public spending, with retail sales rising significantly post-COVID, hinting at a shift back to consumer confidence.