Tianjin, June 26, 2025—The 16th Annual Meeting of the New Champions, known as the 2025 Summer Davos, concluded in Tianjin, gathering around 1,800 participants from over 90 countries and regions. With the theme “Entrepreneurship for a New Era,” the forum highlighted how China’s emerging technologies are fueling global economic growth.
Amid geopolitical challenges and sustainability concerns, China is leveraging advancements in artificial intelligence (AI), 5G, the Internet of Things (IoT), and blockchain to reshape global growth dynamics. As the world’s largest digital economy, these strategic investments are not only transforming China’s domestic economy but also injecting fresh momentum into the global market.
Emerging technologies are becoming core drivers that reshape production and unlock new productivity. Tools like AI-assisted coding and enterprise management software are widely adopted, reducing costs for businesses and individuals. Meanwhile, the IoT and digital twin technologies are fostering smarter management, flexible production processes, and collaboration across industries.
With traditional engines of growth losing steam, the global economy grapples with deep-rooted challenges. China’s sustained investments in emerging technologies aim to reshape productivity paradigms and redefine the global innovation ecosystem. By restructuring technological processes and unlocking efficiency gains, China is injecting new vitality into global economic growth.
These advancements enable cross-border industrial synergy. China’s industrial internet ecosystem, one of the most advanced globally, connects over 100 million industrial devices through leading platforms. Companies are linking research and development centers worldwide in a 24-hour relay, significantly accelerating product development cycles. This collaborative model is expanding into regions like Southeast Asia and the Middle East.
At a time when the global innovation landscape faces strain, China is advancing a model of innovation through institutional innovation, ecosystem building, and international collaboration. By turning its innovation achievements into shared growth momentum, China is helping more economies share the benefits of technological progress.
As the world enters a critical phase of redistributing innovation resources, China’s experience underscores a key principle: unlocking global innovation potential requires open collaboration and inclusive sharing. The future lies not in zero-sum competition but in co-creating ecosystems that foster mutual growth, making innovation a shared legacy for all.
