Beijing is deepening reforms to accelerate the development of emerging industries in the Chinese tech hub, which faces a barrage of US trade curbs.

China has outlined a string of reforms to accelerate the development of hi-tech emerging industries in the city of Shenzhen, as the tech hub in southern China grapples with a barrage of US trade restrictions.

The plan focuses on boosting Shenzhen’s ability to create scalable business models in industries such as artificial intelligence and aviation that can be replicated across China, by helping the city cultivate a larger talent pool, expand local companies’ access to financing, and speed up the deployment of cutting-edge technologies

  • JubilantJaguar@lemmy.world
    3·
    4 days ago

    This is going to end badly for America.

    Cards on the table: I passed through Shenzhen last year, as a simple tourist, and I was blown away by just the surface aspect of what’s happened there. The silence, the greenery, the mountain air downtown. It was like visiting a model of the future. I’m a pretty informed and circumspect person, and I know that a price has been paid for all that. The utopia does verge on dystopia. But the achievement remains deeply impressive. I even suspect the recent visa relaxations might have something to do with this. Why bother trying to reach Westerners with propaganda when you can just let them in to take a look themselves? Again: these are surface aspects I’m talking about. But then clean, functional, liveable cities are going to be important in the 21st century.

    There was recently a good summary video by a reputable techie, also pretty sceptical and circumspect.