Conducting activities in space embodies the pinnacle of technological achievement. Only a handful of countries have the capability to indigenously launch payloads into space. China sits among this elite group, but closing the technology gap with more-advanced space powers will require China to make significant headway.
The world economy is shaped not just by states, but also by an assortment of influential companies that act as critical elements of national economic power. In conjunction with China’s emergence as an economic superpower, Chinese companies have climbed the ranks to be among the largest in the world.
China’s accession to the World Trade Organization was heralded by the international community as a victory for free trade and economic liberalization. While China has been one of the organization’s most active members, Beijing has not instituted deep, systemic reforms and its compliance with WTO rulings has been mixed.
Global leaders in innovation produce the discoveries that shape the modern world. An economy’s capacity to innovate is dependent on a variety of factors, including its commitment to research and development, the quality of its workforce, and the effectiveness of government institutions.
China is making steady progress in constructing what is believed to be its third aircraft carrier. Commercial satellite imagery collected on August 18, 2020, shows significant developments in the construction of the vessel and additional improvements to the infrastructure at Jiangnan Shipyard.
The internet has fundamentally transformed China. Internet-based technologies help drive China’s ongoing development, but they have also been used to clamp down on political dissidence. Learn more about the opportunities and challenges presented by the internet with this ChinaPower exclusive.
In 2017, China exported $2.3 trillion and imported $1.8 trillion in goods. This amounted to 12.4 percent of global trade and left China with a trade surplus of over $400 billion. Learn more about international trade with this ChinaPower exclusive.
Chinese movies earn billions of dollars annually, but it is domestic sales that overwhelmingly drive the success of the industry. It remains to be seen if China can attract foreign audiences to its films. Learn more with this ChinaPower exclusive.