Chinese traditional industries are undergoing a remarkable evolution towards high-tech upgrades and eco-friendly transformations, marking a significant shift from their low-value past.
At the ongoing 2024 World Manufacturing Convention in Hefei City, capital of east China's Anhui Province, traditional sectors such as mining and steel are showcasing a fresh identity characterized by sophistication and digitalization, captivating the interest of numerous attendees.
A factory, once synonymous with producing basic steel and copper products, has unveiled their latest innovation - soft magnetic materials.
"This is a new energy driven motor. Silicon steel is the main raw material for producing drive motors; it is essentially a type of soft magnetic material. If the silicon steel material is thinner, the motor's performance is better. When used in cars, it can run longer distances, and at the same time, it accelerates faster," said an exhibitor.
Furthermore, traditional industries are diversifying into middle and downstream sectors through pioneering technologies and products.
Another exhibitor proudly presented their cutting-edge offerings such as materials for 5G transmission and new energy storage solutions.
"This is a 4.5-micron copper foil for lithium batteries. Because it has good performance, it is used in new energy storage batteries," said another exhibitor.
The 2024 World Manufacturing Convention opened Friday, highlighting the latest products and innovations in the manufacturing sector. Themed "Intelligent Manufacturing for a Better Future," the four-day event boasts a total exhibition area of 20,000 square meters and includes exhibitions, forums and seminars.
Chinese traditional industries embrace high-tech evolution, green transformation
Canadian Prime Minister Mark Carney's official visit to China signals a policy shift towards building a more pragmatic relationship between the two countries, according to a Canadian researcher.
Carney arrived in Beijing on Wednesday to begin an official visit to China through Saturday, which marks the first trip by a Canadian Prime Minister to the country in eight years.
Robert Hanlon, director and principal investigator of Canada and the Asia Pacific Policy Project (CAPPP) at Thompson Rivers University in British Columbia, told the China Global Television Network (CGTN) that Carney's visit indicates Canada is recalibrating its strategic perception of China, which could cement the foundation for the country's economic diversification efforts and boost the development of bilateral cooperation.
"I think it's a clear message that he has moved Canada's strategy to a much more pragmatic, interest-based, -focused relationship with our trading partners, moving away from values-based narratives that we might have heard on previous governments. Canada has spoken about moving from what the Prime Minister's Office is calling "from reliance to resilience", and that means diversifying our economies and our trade everywhere in the world. And so China being our second largest trading partner, it makes perfect sense for our PM to head to Beijing," he said.
The scholar also noted the huge cooperation potential between the two sides in economic and trade fields, citing Canada's efforts to step up shipments of liquefied natural gas (LNG) and the planned construction of an oil pipeline in Alberta which aims to increase export access to Asian markets. "Canada and China both share tremendous economic opportunities together and so finding ways to enhance our exports. Canada specifically looking to build out its LNG and oil, kind of export market. We know Canada is a major producer of critical minerals and China is a buyer. And so there's a lot of synergy between that kind of those kind of markets," he said.
Canadian PM's visit to China paves way for more pragmatic trade ties: scholar
