Derived from MetaEra, the latest issue of The Economist (November 29, 2025) highlights China's rapid advancements in autonomous vehicles and pharmaceuticals. The article details how China's cost-effective autonomous taxis, with production costs one-third of U.S. counterparts, are expanding globally, while the country has become the second-largest innovator in new drug development. Regulatory reforms, large-scale manufacturing, and a vast talent pool are cited as key drivers. In pharmaceuticals, China now accounts for a third of global clinical trials and is increasingly licensing its drugs to Western firms. The article warns that Western economies risk falling behind if they fail to adapt to China's innovation model.
Economist: China's Next Tech Domains – Autonomous Vehicles and Pharmaceuticals
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