Home China From economic backwater to industrial landmark, a case study of China’s high-quality growth

From economic backwater to industrial landmark, a case study of China’s high-quality growth

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FUZHOU, July 8 (ABC): Contemporary Amperex Technology Co., Ltd. (CATL) has been drawing increasing attention from the global electric vehicle (EV) market over the past few years.

The world’s leading automotive lithium-ion battery maker, with around one-third of the global market share, is headquartered in the city of Ningde, east China’s Fujian Province.

Once a poverty-stricken region blighted by adverse geographical factors and poor infrastructure, the city has come a long way in the past decade, shaking off poverty while developing an array of leading industries. And it is now striving to become a globally influential industrial landmark.

 

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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