China’s tech dominance has been a topic of discussion for many years, but with the country’s annual National People’s Congress currently underway, the spotlight is once again on the future of China’s tech industry. This gathering of Communist Party officials serves as a crucial time for the country’s leadership to assess the economic situation and outline plans for the future.
DW’s China Analyst, Clifford Coonan, provides valuable insights into the latest developments emerging from the Congress and what they could mean for China’s tech sector. With China already being a powerhouse in the tech industry, the decisions made during this meeting could have far-reaching implications for the global tech landscape.
As China continues to push forward with innovations in areas such as AI, 5G, and digital payment systems, the rest of the world watches closely to see how these advancements will shape the future of technology. With China’s tech companies already making waves on the global stage, the decisions made at the National People’s Congress could further solidify China’s position as a dominant player in the tech industry.
As the Congress unfolds and decisions are made, it’s clear that China’s tech dominance is not just a national concern, but a global one. The implications of these decisions will undoubtedly impact the world at large, shaping the future of technology and innovation.
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Video “What Chinese tech dominance means for the world | DW News” was uploaded on 03/06/2025 to Youtube Channel DW News
This guy has no clue the state China is in, its a disaster, similar to Russia they have to move on Taiwan soon or the window of opportunity will be gone.
This expert attended 15 such gatherings in China but still knows next to nothing about china and still espouses the same liberal dribbles about China. Such an unwillingness to learn and engage with China.
DID USAID suspend funding for DW news?? where's the antichina reporting?
Thank you China for making Technology affordable to everyone 😍
EU should cooperate closely with China to stand against USA
Did you ever ask this question of America?
If not for Biden jumping on the American First train, TSCM would have built a chip production facility here in Germany. Makes me question if there is not a long plan to weaken Europe behind a lot of what we see on the world stage of late from the US. Well there were the strategic meetings posted on c-span 1989-92 which named Europe as a possible competitor in the 21 century and the goal should be to keep them from uniting also militarily and find pressure points where certain nations could be undermined. Spain and Poland were named as examples, but Greece and Hungary also might be counted to those. Just know when i say weak points, i don't imply bad faith from those nations, but that they are brought into situations where they could not keep promises given to the EU. Like when Greece had money problems badly a few years ago, Goldman Sachs against EU regulations gave more money to Greece. However that may have effected the overall situation it is already an attack on EU sovereignty.
Another covid.
free flow of capital? we dont even have free flow of information. the tech sector cant beat the US as long as the great firewall still stands. firewall essentially cripples LLMs like deepseek in the longterm
US government dont have the powers over company? Have you ask asml, Tsmc,?
@13:42 "unravel, sorry, unrolls" his biasedness got the best of him.
The National People's Congress (NPC) serves as a platform of the China’s leadership that will examine issues related to further comprehensively deepening reform and advancing Chinese modernization.
Top Party officials will set the direction for China's further comprehensively deepening reform that will carry significant importance for China's economic and social development for years to come.
The transformation of China, from being one of the world's poorest countries in 1949 to the world's second-largest economy within just over 70 years is entirely credited to the pivotal role and visionary leadership of the CPC.
No other political party in the world can claim a comparable achievement. This stands as an objective fact.
The CPC's resilience and vitality are evidenced by its ability to devise precise and effective responses achieved in China's economic and social advancement.
Chinese modernization also follows the law of the unity of power, balance and governance.
There are essential differences between Chinese modernization and Western modernization.
China's population is huge, which is even larger than the total population of Western developed countries.
Western modernization causes polarization, while Chinese modernization aims to achieve common prosperity.
Western modernization often seeks material development at the expense of spiritual civilization to a certain extent, while Chinese modernization is a modernization that harmonizes material civilization and spiritual civilization.
Western modernization often comes at the cost of destroying nature and endless depletion of nature, while Chinese modernization emphasizes the harmonious coexistence between humans and nature to achieve sustainable development.
Western modernization is often achieved through war, plunder, colonial expansion and other brutal means, which are full of blood and evil, and bring severe suffering to the people of developing countries.
Chinese modernization holds high the banner of peaceful development and win-win cooperation, pursuing its own development while insisting on safeguarding world peace and development. It better safeguards world peace and development through its own development.
Overall, Chinese modernization provides Chinese wisdom and Chinese solutions for developing countries to realize modernization in terms of path, civilization, governance, values, value orientation and philosophical concepts.
Specifically, Chinese modernization breaks the myth that modernization is equivalent to Westernization and provides new options for developing countries toward modernization.
Chinese modernization provides developing countries with Chinese experience and contributes Chinese wisdom and strength to the global modernization process.
China is holding up well in a challenging economic situation.
Despite the negative news circulating about China by Western media, it is clear that China economy is holding steady.
In the first quarter of 2024, China’s GDP increased by 5.3% compared to the previous year surpassing expectation.
China has proven the detractors wrong with their negative spins that China’s economy is on the brink of collapse.
Instead, China has make significant contributions to the global economy.
China consistently achieved an average GDP to become an upper middle income status economy.
China is debunking all the stereotypes and negativity about China’s economy.
The Wall Street Journal and other Western media keep on peddling skeptical China’s economic narrative and naysayers predicting China collapsed.
China’s economy is alive and kicking.
China’s GDP growth rate of 4.8% in the second quarter of 2024 as compare to US growth rate of 2.9% for the July-September quarter.
China is doing fine as they are and US is staggering behind China in term of GDP growth.
China's economy grew by 5.3%, and in 2024, it grew by 5.0%. The forecast for 2025 is 4.5%.
China's economic growth has been significant and has lifted millions out of poverty.
Gross Domestic Product (GDP) is a key indicator of a nation’s overall economic size and power.
China’s share of global GDP stands at over 18 percent when adjusted for price differences, the largest of any country.
The methods used to measure and compare GDP can significantly alter the outcomes.
One method, nominal GDP, measures the goods and services produced in each country and converts them to a common currency such as the US Dollar.
This method is the most straightforward and the most useful for comparing relative economic power on the world stage.
However, it does not account for distortions resulting from price differences between countries, which matters when assessing economic activity within a country.
Measuring GDP at Purchasing Power Parity (PPP) accounts for price level differences and typically has a large impact when comparing wealthy countries to developing countries.
China’s nominal GDP is the second-largest after the US, but measured at PPP, China’s GDP is larger than that of the US.
China has made significant strides in various fields, allowing it to leapfrog ahead of many other countries.
In the realm of science and technology, the past decade has seen unprecedented growth in China's capacity for innovation.
The work ethic and resilience of its people helps propel China’s economy.
China has made significant strides in Science, Technology, Engineering, and Mathematics (STEM) education and research, emerging as a driving force in innovation and technological advancements.
It has a positive impact and put China in good stead in China’s initiative to promote domestic innovation and technological self-sufficiency.
China’s STEM power is a rapidly growing force, driven by government support, education reforms, and industry-led innovation in shaping the global landscape for years to come.
Chip technology is shaping the future in influencing various sectors such as artificial intelligence, automotive, and clean energy.
Necessity is the primary driving force for China to innovate in the chip technology industries.
China is moving progressively toward innovation.
These companies are at the forefront of AI innovation and are shaping the future of technology in various industries.
China's advancements in frontier technology are part of a broader strategy to become a world leader in technological innovation, with significant achievements in high-end equipment and frontier technology research reported in areas such as aircraft engines, gas turbines, and 4th-generation nuclear power units.
China has implemented various measures to encourage innovation and technological advancement, which are seen as key drivers for future economic growth.
Chinese firms are increasingly involved in R&D and innovation, contributing significantly to China's economic growth.
China supports R&D through various plans and policies aimed at boosting innovation and technological advancement.
China has made significant strides in artificial intelligence (AI) research and development, with a focus on strategic applications and innovation.
China's tech sector has experienced a significant surge, with stocks of tech giants like Alibaba, Tencent, and Xiaomi performing exceptionally well in recent months.
High-tech industries are growing rapidly.
In 2024, China's high-tech manufacturing sector grew by 8.9%, while the broader economy faced headwinds.
China continued support for innovation and technological advancement is seen as a crucial driver for the tech sector's performance.
Work along with them 🤷🏻♀️
What is not well known in the west and this so called "expert" is that Jack Ma disappearing from the public eye was actually because he was trying to get a monopoly over the chinese banking system and keep all the data on people's transactions used to make loans for his own company and force traditional banks to go into joint ventures where they take all the risk and his company provides insights into the credit worthyness of the borrowers. The Chinese regulators opposed that monopolisation.
Jack Ma also wanted his company to be able to issue loans with 1-2% bad loan loss absorbing capital buffer when banks traditionally have 20% deposit from the borrower as security. That extreme leverage would have blown up the chinese financial system GFC style if there was a downturn in the economy and people couldn't pay even a small portion of the loans. Again, the Chinese government was doing the right thing in opposing that.
Jack Ma was wrong. He shouldn't have called banking regulators dinosaurs for doing their job. He overplayed his hand critisising regulators and the CCP cut him down to size not because he was getting too powerful, but because he stopped innovating and was looking to exploit monopoly and extreme leverage to enrich himself and his company at the expense of the chinese people.
Such things may be allowed in the US, but not in China. The government protects the public from excesses that could be a threat to the country, but also supports development and nurtures industries they want to see grow. So it's not all bad if you were a business owner.
China government is smart. They foresaw what would happen if they let a billionaire like Jack Ma become too influential in politics and disruptive in society. Just look at Elon Musk's role in Trump's government to understand how much chaos one unrestraint billionaire can cause.
Xi is a bad eduction dictator!
What’s the joy behind attending 15 boring meetings in a row? This is a scammer alert.
I don’t think he is really knows the nowadays Chinese technology.
This guy is talking BS. The Chinese system of government is a lot better than the US, as the private sector doesn't control the government and not a billionaire can buy the election
China is getting richer while the US is getting poorer, and right now, it can't even print toilet paper without inflation going up.
Musk and all other billionaires are behind Trump because they want Trump to stop the de-dollarisation and save their wealth, which is all in dollars.
If DW wants to be a credible outlet, better engage another expert, as this guy does not understand China and he must be a failure himself in China
Oh wow..over capacity again.
Cbina provide global benefits with affordable high quality goods, services, and technology
New world is emerging and Europe is not part of it.
This tool is talking about how the system is not innovative meanwhile they are leading in most critical technologies
Mr. Clifford Coonan, I have a question: if China's political is so bad, it limits people's "freedom", it's ideology is so outdated, why it can still come up Deep Seek which German can't? I assume German is "free" and "democratic" and it's system is far superior than that of China? Similarly, China's EV is far better than German EV? Does that mean German should change it's political system? Because it's economy is failing…
The interviewee has reported China's People's Congress 15 times, but still could not capture how the China's political system runs. It is so sad. It shows westerners' arrogance and prejudice against China. They never even want to learn the true China. He only stated that all major decisions have been made before the congress, but did not have any clue about how long it has taken to discuss and consult in the entire country on all issues before the congress is held. This is the beauty of the political system in China, which is that all issues are thoroughly discussed within the entire country before it is presented to the annual congress.