China adopts quality development model
KARACHI: China – the world’s second largest economy – officially launched “new quality productive forces” earlier this month to pursue high-quality growth, aiming to further accelerate its economic output through the development of the latest innovations and technologies where quality will it takes center stage in all areas of life. Technological progress is expected to help usher in new industries and boost the global economy, with Beijing’s share of the global economy being 30% in 2023. It has been linked to about 150 nations through the aggressive Belt and Road Initiative (BRI). Quality manufacturing powers are expected to further expand


