Morgan Stanley's Xing Zi Qiang: China produces more engineering and science graduates annually than the total number in Europe and America.

The 2025 Weibo Financial Night and the Beijing Financial Big V Alliance Annual Meeting were held in Beijing on January 15. Xing Ziqiang, Chief Economist of Morgan Stanley China, pointed out that China is showing breakthroughs in the field of technological innovation on a "vast galaxy" scale, with three core advantages: industrial chain clusters, the dividend of STEM talents, and a huge market size, which are difficult to be replicated by other economies. "China now graduates nearly 5 million STEM graduates each year, surpassing the total of Europe and the United States."