China’s Development Strategy
New Chinese Nuclear Power Plant Development and application of new technology is the key strategy for domestic economic growth and increasing exports. China leads the world in the production of EVs and robotaxis, batteries, solar panels and wind turbines, other renewable energy technologies, rare earth metals processing, robotics and automated production, and many other areas. They see global competition with the United States as much as a geoeconomic and technological competition as a military and geopolitical struggle. While exports continue to be a key part of China's development and growth strategy, two other past strategies are less important now. Domestic investment in housing and construction was an important driver of growth in the past. Housing construction has fallen, down 17% in 2025. Now, digital services generates more revenue. Another past driver, foreign investment in China, has probably turned negative. In addition, exports to the United States...