Wang Yiming, former deputy director of the Development Research Center of the State Council: China's talent resources are the most proactive advantage in developing new quality production forces.

date
02/04/2026
On April 2, 2026, at the 2026 Sidi Forum, Wang Yiming, former deputy director of the Development Research Center of the State Council, stated that China has multiple advantages in optimizing and upgrading traditional industries. The previous comparative advantage is transforming into comprehensive competitive advantage. For a considerable amount of time, China's traditional industries have relied on low-cost labor to participate in international competition. However, now our advantages in large-scale market, complete industrial, abundant talent, intelligent technology, and new energy are gradually integrating. This comprehensive competitive advantage will empower our products and industries to move towards the global high-end value. Especially in terms of talent resources, China already has 250 million people receiving higher education, and the annual number of engineering graduates is equivalent to the total of developed countries. Talent and human capital conditions are the most proactive, other countries cannot impose sanctions, and this is also the most proactive advantage for us to develop new productive forces.