Musk's way out

Recently, Musk said on a social platform that China has jumped from 8% of the global industrial output value to 40% today in just 40 years, and from only a quarter of the United States to four times that of the United States.

China🇨🇳: In the past 40 years, China's industrial development scale has achieved a leap from nothing to something, from small to large. In the process of constantly breaking through technical bottlenecks and overcoming numerous difficulties, China has gradually transformed from a "world factory" to a "world manufacturing center", and then from "manufacturing" to "intelligent manufacturing". These achievements have attracted worldwide attention and demonstrated the hardships and difficulties of China's industrial development.

USA🇺🇸: Since the end of the 20th century, in pursuit of low costs and high profits, American companies have transferred a large amount of manufacturing overseas. This has led to the gradual hollowing out of the local industrial system, factory closures, technology loss, and reliance on imports for basic components. This "de-industrialization" phenomenon has laid the groundwork for the US industrial dilemma.

👏🏻 Question: How do you view the differences in development trends between China and the United States?

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