
The Chinese economy has struggled to recover since pandemic restrictions were lifted in late 2022. High debt levels, a prolonged property slump, excess capacity in many industries, reduced foreign direct investment, and tepid consumption growth have contributed to stubborn deflationary pressures and sluggish growth. Growing trade tensions and technology decoupling with the United States have added to the uncertainty and anxiety over China’s economic prospects. In response, the Chinese government has launched an ambitious industrial plan emphasising “new quality productive forces” to raise productivity, upgrade the Chinese economy, and ensure self-sufficiency. In this talk, Prof. Donald Low will highlight the key drivers and features of China’s techno-utopianism and assess its likely implications for the Chinese economy – and the rest of the world.
自2022年末解除疫情管控以来,中国经济复苏乏力。高企的债务水平、长期低迷的房地产市场、多个产业产能过剩、外商直接投资减少,以及消费增长疲软,共同导致通缩压力持续存在、经济增长缓慢。与此同时,与美国之间不断加剧的贸易紧张关系和科技脱钩,也进一步加深了外界对中国经济前景的不确定性与焦虑。为应对这些挑战,中国政府推出了一项雄心勃勃的产业发展计划,强调发展“新质生产力”,以提升生产效率、推动经济结构升级,并实现更高程度的自给自足。在本次讲座中,Donald Low 教授将重点解析中国科技乌托邦主义的关键驱动因素与主要特征,并评估其对中国经济以及对世界其他地区可能带来的影响。