The 18th Frost & Sullivan China Growth, Innovation and Leadership Summit and the 3rd New Investment Conference (hereinafter referred to as the '2024 Frost & Sullivan New Investment Conference') hosted by the world-leading growth consulting firm Frost & Sullivan (Frost & Sullivan, abbreviated as 'Frost & Sullivan') were held in Shanghai from August 28th to 30th, 2024.
At the main forum of the conference, Frost & Sullivan released the third issue of 'White Paper on the Development Trends of China's Industries over the Next 50 Years' (hereinafter referred to as the 'White Paper'), interpreting the development trends and opportunities for the five core industries in China over the next 50 years from an industry perspective.
The world is undergoing a century-old transformation, at a critical period of global, era, and historical changes. A new round of technological revolution and industrial transformation has brought new development opportunities to countries around the world, with the digital economy playing an even more significant role as a stabilizer and accelerator of economic development. In a world full of uncertainties, China's contribution to global economic growth has been continuously increasing, with its public goods provided to the global market also growing. Chinese solutions, Chinese responsibility, and Chinese wisdom are injecting more stable and positive forces into the global economic development pattern. This white paper will focus on the future core development directions of China's industries, starting from five major sectors: artificial intelligence, intelligent manufacturing, large consumer goods, life sciences, and carbon neutrality, to explore how China will embrace the next wave of growth.
