Last year, the sector's industrial added value soared 13 percent year on year, 8 percentage points higher than that for China's overall manufacturing industry, according to the association.
The combined operating revenue of this sector came in at 10.1 trillion yuan (about 1.42 trillion U.S. dollars) in 2023, jumping 11.9 percent from the previous year.
“Hungary is a critical link in China–EU industrial chain cooperation,” Chinese Ambassador to Budapest Gong Tao emphasised in an interview with Eurasia.
The Vietnamese city of Da Nang recently announced plans to build a Dubai-like floating city as part of broader infrastructural investments aiming to turn the area into a financial, commercial and service hub.