B · Normal
[The spokesperson of the Chinese Embassy in the United Kingdom responded to a reporter’s question on the so-called “rise of China’s manufacturing industry that has impacted Western high-end industries” in some media reports] On October 26, the spokesperson of the Chinese Embassy in the United Kingdom responded to reporters’ questions on October 26 in response to some media hype that “the rise of China’s manufacturing industry has impacted Western high-end industries.” Reporter: Some media are hyping that the rise of China's manufacturing industry will have an impact on high-end industries in Western countries and squeeze out the development space of European industries. What is your comment on this? Embassy Spokesperson: The rise of China's manufacturing industry is the inevitable result of China's decades of deep cultivation of the real economy, its persistence in reform and opening up, and its comparative advantages. From undertaking international industrial transfers in the early days of reform and opening up to achieving breakthroughs in high-end manufacturing, new energy, artificial intelligence and other fields, China's manufacturing industry has followed a path of independent innovation, transformation and upgrading, and open cooperation. China now has the most complete industrial system in the world, covering all 41 major industrial categories, 207 medium categories, and 666 small categories in the United Nations Industrial Classification. China is the only country with all categories. This advantage comes from China's huge domestic market, complete infrastructure, high-quality industrial workers, and continued increase in R&D investment. The root cause of the plight of European industries lies in its own structural problems - industrial hollowing out, over-financialization of the economy, insufficient R&D investment, short-term capital pursuit of profits leading to the relocation of manufacturing industries, etc. One-sidedly blaming China's exports for its own industrial woes is a cover-up for its own policy mistakes. As a core link in the global manufacturing supply chain, China has long provided Western countries with a large number of high-quality and low-price industrial manufactured products, which has effectively reduced the cost of living of its people and alleviated inflationary pressure. Through deep integration with China's manufacturing industry, Europe's high-end equipment has achieved complementary advantages, benefit sharing, and two-way empowerment. Far from impacting Western countries, the development of China's manufacturing industry has provided important support for global economic stability and the development of Western industries.
🕐 2026-10-26 20:45

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