China’s Manufacturing Industry Accelerates Overseas
International Business News – As the FIFA World Cup Qatar 2022 gets underway, the commercial competition between the world’s leading companies, both on and off the pitch, has kicked off, and Chinese companies are undoubtedly one of the main protagonists. According to Global Data, a consulting firm, Chinese companies’ sponsorship of this year’s World Cup has reached about $1.4 billion, ranking first in the world.
In fact, “Made in China” is also engraved in more aspects of the World Cup. The main stadium of Qatar World Cup with the highest international level is built by China Railway Construction, the athletes’ apartments are made of energy-saving mobile homes built by Zhonghui Green Construction, the sewage treatment solution is from Shanghai Jiajing, the new energy bus of Yutong Bus is introduced for the first time by the World Cup on a large scale, the communication facilities of the stadium and the network equipment of the joint command and control center are made in China, and 70% of the goods around the World Cup are from Zhejiang and Yiwu, China …… if the green field is the “World Cup” of the global manufacturing industry, then “Made in China” is the favorite to win the championship.
From brands, infrastructure and communication systems to a range of smart solutions …… today, Made in China is not only delivering high-quality products and services to the world, but has also become an enabler of higher standards.
The World Economic Forum has released a new edition of 11 “Lighthouse Factories” in the global manufacturing sector, five of which are from China. These “lighthouse factories” represent the highest level of smart manufacturing and digitalization in the global manufacturing sector. At the same time, China-made high-speed locomotives debuted on the Yawan high-speed railway line; China-made cold clothing, small electrical appliances, electric blankets and other heating “magic” in a number of overseas markets; China Automobile Industry Association data show that in the first three quarters of this year, China’s new energy vehicle exports increased by more than 100% year-on-year; in addition In addition, China’s wind power generation equipment, trillion supercomputer and other equipment technology level has leaped to the forefront of the world.