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Roland Berger: Energy transition, semiconductors, and high-end manufacturing will become the new "new three" of China's exports

TIME：

Feb 06,2025

"If you don't go to sea, you're out." In 2024, Chinese companies will press the fast-forward button when they go overseas. Different from the simple output of products and technologies in version 1.0, Chinese enterprises go overseas 2.0, matching overseas demand with local innovation and forming a competitive force with industrial synergy, which is the output of China's independent core technology and the global dissemination of China's wisdom and innovative spirit. Sailing to the sea, it seems that the tide is flat and the overseas market is wide, but there may be undercurrents. In the face of the unfamiliar and complex market environment and the rapid wind and rain of anti-globalization, how can Chinese enterprises break through the walls, take root and climb in the new round of "going out"? The Paper hereby launches a special edition of Going Overseas 2.0 to outline a new picture of Made in China going overseas and record the era of going overseas.

The international environment is turbulent, but the momentum of Chinese enterprises to brave the wind and waves to pursue global development continues unabated.

According to data released by the General Administration of Customs on January 13, the total value of China's imports and exports in 2024 will reach 43.85 trillion yuan, a year-on-year increase of 5%, and the scale will hit a record high. Among them, the export scale exceeded 25 trillion yuan for the first time, a year-on-year increase of 7.1%, and maintained growth for eight consecutive years. At the same time, the structure of China's export products has been continuously optimized and upgraded, and the export of mechanical and electrical products increased by 8.7% last year, accounting for 0.9 percentage points of the total export value, reaching 59.4%, of which the export of high-end equipment increased by more than 4%.

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