China Is Remaking Itself into a Tech Behemoth
China, led by President Xi Jinping, aims to boost its tech sector to compete globally. Despite obstacles, China is investing heavily in clean technology to transition from traditional industries. Bloomberg explores China's economic transformation.
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China, under President Xi Jinping, is strategically transforming its economy into a tech powerhouse to rival global giants. Despite recent challenges like the property sector crisis and Covid-19 repercussions, Xi Jinping is focused on propelling China's technological capabilities forward. Through a long-term plan, China aims to shift from its traditional industrial economy to one driven by clean technology, positioning itself for success in a post-fossil fuel era. This transformation involves significant investments and a shift towards dominating sectors like clean technology. The Bloomberg Originals mini-documentary delves into China's efforts to revamp its economic landscape and compete with leading tech companies worldwide.
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