CEF guests share ideas on building China's new development pattern
China's most important dividends of going abroad is Chinese engineers
Chinese engineers bring huge dividends for China's going global. In the past, people said that China has huge dividends in manufacturing, because Chinese workers work long hours and they are efficient and disciplined. But now the most important dividend of China's going global is the dividends offered by the country's engineers.
About 8 to 9 million college students graduated in China every year. This is a huge amount, consolidating the supply of engineers. Moreover, these engineers are affordable, well-supplied and well-trained. They also work longer hours than their American counterparts. If China can make good use of the engineer dividend, make good use of China's huge market, train a variety of models, produce a variety of products, and doesn't fall behind in the AI era, many Chinese brands will go to the world.
