China’s Eco-Friendly Technology Can Advance the World
Three key industries are leading China's environmentally friendly green technology: new fuel vehicles, solar panels, and lithium batteries. China is producing these technologies at the lowest cost while maintaining the highest quality. Other countries are benefiting from this, as they can now make themselves more environmentally friendly at a lower cost. By Faisal Abdullah
Justin Yifu Lin, the former chief economist of the World Bank, discussed this in a recent interview with China Daily.
Lin explained that when a country emerges from a recession and wants to thrive in both domestic and international markets, it needs to set a fair market price in addition to producing high-quality products. China possesses this advantage and, with it, is able to implement high-quality economic de...
