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A visit to Beijing and Shanghai reveals that China’s economy has moved beyond its image as the “world’s factory.” It brings together digital services and electric vehicles supported by purchase incentives, advances in artificial intelligence, robotics and autonomous driving, and links between university research and the needs of society and the economy. Since the launch of the “reform and opening-up” policy in 1978, China has risen from eleventh to second place globally in the size of its economy, reaching that position in 2010. Domestic tourism recorded around 6.52 billion trips in 2025, with spending totaling 6.3 trillion yuan. The experience also highlights the scale of China’s domestic market, its interest in heritage and its cultural openness—presenting an economy that extends into technology, tourism and social life, not industry alone.
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