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Foshan, a world-renowned manufacturing city, seems to be at the bottom of China's trillion-dollar cities in recent years.
In the eyes of outsiders, the city seems to be a once glorious stage star, but now it has to seek new breakthroughs in the fiercer competition.
But is this really the whole picture? The following will delve into Foshan and explore the untold stories behind it.
First of all, we must understand that Foshan's economic foundation is very strong, especially in the fields of ceramics, furniture and home appliances;
These industries have made Foshan an important production base in the country and even the world.
However, just as an old movie is gradually being surpassed by new technology, Foshan's traditional manufacturing industry is also facing unprecedented challenges.
On the one hand, the adjustment of the global economic structure and the changes in the trade environment have brought pressure to Foshan.
With the slowdown of global market demand, the traditional export-oriented manufacturing industry has encountered bottlenecks, affecting the overall economic growth.
For example, the ceramics and furniture industry has been hit by the double blow of reduced international market demand and trade barriers, and market competition has intensified.
On the other hand, the domestic economic transformation has also put forward new requirements for Foshan.
Despite this, Foshan has not stopped its development.
In recent years, Foshan has actively deployed high-tech industries such as new energy, electronic information, and biomedicine, and strives to create new economic growth points.
In terms of scientific and technological innovation, Foshan has established a number of national and provincial R&D platforms, attracting a large number of high-tech enterprises and talents to settle down.
Driven by industrial transformation, Foshan's economic structure is quietly changing.
The growth potential of emerging industries is gradually emerging, injecting new vitality into the long-term development of the city.
For example, in the field of high-end equipment manufacturing and new energy vehicles, Foshan is continuously improving the market competitiveness of its products by introducing advanced technology and increasing R&D investment.
The city's transformation has never been easy, and Foshan has shown resilience and courage in the face of challenges.
From relying on traditional manufacturing to embracing high technology, the city is undergoing a profound self-transformation.
Through an in-depth analysis of Foshan's economic situation, we can see that the city is not really "at the bottom", but is experiencing the pains of transformation and upgrading.
Against the backdrop of the global economy, Foshan's story reminds us that any great leap comes with challenges and uncertainties;
But it is these challenges that have given new life to cities, businesses and even countries.
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-ENDS-
Text: Little Bee
Audit|Ancient Oasis, Thousand Trees