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China Daily / 2024-04 / 24 / Page001

Experts, execs attribute edge in exports to tech strength

By ZHONG NAN | China Daily | Updated: 2024-04-24 00:00
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China's export advantage arises from its competitive strength in the global market, said scholars and exporters, dismissing some Western nations' "overcapacity" narrative, which was generated by anxiety and insecurities about their own deficiencies in certain industries.

The observers said that the "China overcapacity" narrative, particularly propagated by the United States, serves as a political tool to curb the growth of the Chinese economy.

Mao Yanhua, a professor specializing in regional economic development at Sun Yat-sen University in Guangzhou, Guangdong province, said the narrative lacks economic understanding. Globally, Chinese products are highly popular because of their technological elements, durability and high quality, Mao said.

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