Global Technology Profile: China
China is one of the most influential countries in the world. China’s main tech-related industries are: Energy, Military Technology, Consumer Electronics Production, and Automobile Technology.
INTERESTING FACTS ABOUT CHINA
- The world’s 2nd biggest economic power ($11+ trillion economy).
- The largest international exporter.
- The top global polluter, but also the international leader in renewable energy generation and use.
- The largest e-commerce market in the world
- The largest smartphone market in the world (700+ million consumers).
- One of the 8 nuclear powers in the world (with 260+ nuclear warheads)
THE ASIAN GIANT
China is, by far, the most powerful and influential country in the Asian continent. China has the world’s largest military, and in terms of military technology, it is making huge strides. Like India, China also has several advanced megacities - which are the central economic hubs. China’s big cities are considered as some of the most technologically advanced and sophisticated in the world.
China’s megacities are home to millions of people and are the key contributors to Chinese economy. These powerhouses are home to enormous manufacturing plants, corporation headquarters, and prestigious engineering and science universities. China is home to ⅙ of the world’s population - which gives it an economic advantage compared to other nations, as more workers lead to more productivity and output. The ten largest cities in China all have a population of a whopping 10+ million! :
- Chongqing (29+ million)
- Shanghai (24+ million)
- Beijing (21+ million)
- Tianjin (15+ million)
- Chengdu (14+ million)
- Guangzhou (14+ million)
- Shenzhen (12+ million)
- Suzhou (10+ million)
- Harbin (10+ million)
- Wuhan (10+ million)
MAJOR CHINESE TECH INDUSTRIES AND CORPORATIONS
China is internationally known for its rising technology industry. China is rapidly advancing and developing its energy, military, and automobile technology sectors in particular. Sinopec, a Chinese energy/petroleum giant, generates 450+ billion in revenue annually, and the next largest company in China, China National Petroleum (state owned) generates some 430+ billion a year. Both of these companies are featured in the Fortune Global 500 list.
THE SUPERSONIC SHANGHAI MAGLEV
The Shanghai MagLev (magnetic levitation) train is a feat of engineering and automobile technology. This train, unlike diesel or electric powered trains, completely runs on EMS, or electromagnetic suspension. In other words, the train does not have rails, wheels, or engines. Powerful electromagnets on the train and train tracks cause the MagLev to be hovering above it (due to repelling charge). The MagLev hovers 1 - 10 cm above the track and can reach speeds of 250+ miles an hour. MagLev trains are more than twice as fast as electric/diesel trains. However, these trains are costly to create as they use a lot of advanced technology and powerful electromagnets. The Shanghai MagLev line, about 22 miles long, costed $1+ billion to build. MagLev trains are highly efficient and fast, but they still have a ways to go before becoming the primary mode of train travel.
For more information about this topic, check out the following links: