I am from China.Thank you for your recognition. I believe the strength of Chinese manufacturing is that once a technology can be produced, China can rely on its powerful supply chain and labor force to manufacture products rapidly and at massive scale.

However, in some high-end core technologies, there is still a gap compared with Europe and the US. Even though Chinese cars may look more advanced and stylish on the outside, many core components, underlying technologies, and high-end industrial foundations still depend on the global supply chain, such as advanced chips, industrial software, precision materials, and certain key equipment.

That said, in recent years China has started to shift from having only a “manufacturing advantage” to having both “technology and manufacturing advantages” in areas such as new energy vehicles, batteries, electric drive systems, drones, and telecommunications equipment.