From footwear to AI services: China moves up the value chain in exports

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South China Morning Post

For decades, the global image of Chinese trade was synonymous with massive container ships loaded with footwear, bags and furniture. However, a profound structural shift is under way. Having conquered the world of physical goods, China is now rapidly ascending the industrial chain as an emerging exporter of manufacturing technology. In 2025, the country’s exports of telecoms, computer and information services reached 808 billion yuan (US118 billion), marking a robust 13 per cent year-on-year...