The world’s second largest economy continues to grow. People are seizing the opportunity for a better life. The second episode of "China Aspirations", we show you all the secrets of Money Stories in China.
Category
🛠️
LifestyleTranscript
00:00 [MUSIC PLAYING]
00:03 [MUSIC PLAYING]
00:07 [MUSIC PLAYING]
00:11 [MUSIC PLAYING]
00:15 [MUSIC PLAYING]
00:41 [MUSIC PLAYING]
00:45 Defying Western critics, China's economic growth
01:01 continues.
01:04 From consumption to the digital economy,
01:07 high-end manufacturing, and quantum computing,
01:10 today's China is thriving, thanks to modern technology.
01:14 [MUSIC PLAYING]
01:17 [MUSIC PLAYING]
01:20 But can the country simultaneously sustain growth
01:23 and safeguard the environment and the livelihoods
01:26 of 1.4 billion people?
01:28 [MUSIC PLAYING]
01:32 [MUSIC PLAYING]
01:35 [MUSIC PLAYING]
01:39 Tomorrow's tech titans are emerging here
01:42 in the city of Shenzhen, starting
01:45 in the field of laser technology.
01:47 [NON-ENGLISH SPEECH]
01:49 [MUSIC PLAYING]
01:53 [NON-ENGLISH SPEECH]
02:21 LiDAR, a three-dimensional laser scanning system
02:25 that has revolutionized range measuring.
02:27 [NON-ENGLISH SPEECH]
02:43 In the global race to commercialize autonomous
02:46 driving, reducing the cost of LiDAR devices
02:50 is a crucial step.
02:52 Shieh's company boldly embarked on a brand new technology
02:56 path, much different than the mainstream US-originated
03:00 technology of the day.
03:02 [NON-ENGLISH SPEECH]
03:05 [NON-ENGLISH SPEECH]
03:21 Their risky move paid off.
03:23 [NON-ENGLISH SPEECH]
03:27 RoboSense has become a shining star in the LiDAR industry,
03:32 taking up the largest market share in China.
03:35 [NON-ENGLISH SPEECH]
03:51 In the past decade, China's government
03:53 realized only through real, impactful innovations
03:57 in the real economy can the country's overall economy
04:00 continue to grow.
04:02 A government going all out for innovation,
04:05 combined with a consumer market of 1.4 billion people,
04:09 has brought forth unprecedented changes.
04:14 [NON-ENGLISH SPEECH]
04:37 RoboSense plans to roll out a smart assembly
04:40 line by the end of 2022, with an annual production capacity
04:45 of 1 million LiDAR devices.
04:49 That will make LiDAR available to over 50 types
04:53 of new energy vehicles, or NEVs.
04:55 50 kilometers away from the startup
05:01 is China's largest NEV maker, BYD.
05:05 While China's car ownership has doubled in the past decade,
05:09 the annual new energy vehicle sales
05:12 have increased nearly 300 times to over 3.5 million,
05:18 the highest in the world.
05:19 BYD, once a battery manufacturer,
05:26 is one of the biggest beneficiaries
05:28 of the country's new energy policies.
05:33 And BYD cars have gone from this to this.
05:40 [NON-ENGLISH SPEECH]
06:02 Well, this is a car model.
06:04 Actually, I have a sim car in reality.
06:07 [NON-ENGLISH SPEECH]
06:29 Quality, design, and innovation,
06:31 and reasonable prices became the primary appeal
06:35 for Chinese car consumers.
06:36 This change attracts global talent
06:41 who dreams of transforming the industry from the ground up.
06:45 [NON-ENGLISH SPEECH]
06:50 [NON-ENGLISH SPEECH]
07:12 Drones, 5G, internet, and autonomous driving.
07:16 Chinese President Xi Jinping has been
07:19 calling for innovation-driven, high-quality development.
07:23 And the success story of Shenzhen
07:26 might be the perfect example.
07:28 But Shenzhen alone is not enough for the world's
07:31 second largest economy.
07:33 The country needs more cities like it to rise.
07:37 And here is one of them.
07:43 [NON-ENGLISH SPEECH]
08:12 [NON-ENGLISH SPEECH]
08:20 What about an unassuming inland city
08:23 without abundant natural resources,
08:25 being a national transport hub, or strong fiscal revenue?
08:29 What if this city is also facing fierce competition
08:36 from more than 30 other large cities?
08:39 Could it, too, rise in 10 years' time at a rate
08:42 some may say unattainable?
08:45 The city of Hefei achieved the impossible
08:49 by investing smartly and decisively.
08:54 Some say it was all pure luck.
08:57 [NON-ENGLISH SPEECH]
09:03 [NON-ENGLISH SPEECH]
09:06 With a 300% GDP jump, Hefei has made tens of billions
09:12 of dollars by investing into industries and tech companies
09:16 that have been deemed essential to China's future development.
09:21 Chip making, next-gen screen manufacturing,
09:24 new energy vehicles, and artificial intelligence
09:28 are all pillar industries fueling the city's growth.
09:33 Hefei is now one of China's four national scientific centers.
09:37 From a grassroots government worker
09:40 to the city's vice mayor, Zhu Sangli
09:43 has been a part of almost every major investment
09:46 made by the Hefei government in the past 20 years.
09:50 [NON-ENGLISH SPEECH]
09:58 [NON-ENGLISH SPEECH]
10:04 [NON-ENGLISH SPEECH]
10:30 But what sorts of industries should a city choose?
10:34 Hefei has its standards.
10:36 [NON-ENGLISH SPEECH]
10:42 [NON-ENGLISH SPEECH]
11:03 However, investment comes with risks.
11:07 And to run a city, one must be daring
11:10 without being reckless.
11:13 First, build a team of expert level officials.
11:17 Second, form a proactive government.
11:22 Third, push forward a well-functioning market
11:25 mechanism.
11:26 The rest is history.
11:29 This has been the recipe for Hefei's success.
11:33 [NON-ENGLISH SPEECH]
11:45 Li Hongzhuo runs the city's largest state-owned fund.
11:50 His fund poured over $2.5 billion
11:53 into a new base for Visionox, the fourth largest OLED screen
11:58 manufacturer in the world.
12:01 But achieving success would take much more than just money
12:04 and promises.
12:05 [MUSIC PLAYING]
12:11 [NON-ENGLISH SPEECH]
12:41 [NON-ENGLISH SPEECH]
12:44 [NON-ENGLISH SPEECH]
13:00 [LAUGHTER]
13:03 [NON-ENGLISH SPEECH]
13:33 [MUSIC PLAYING]
13:37 In the past decade, China produced over 81 million college
13:42 graduates.
13:44 This amount easily competes with the population of countries
13:47 like Germany and above Thailand, France, and even
13:52 the United Kingdom, which ranks 20th in the world.
13:55 Creating enough jobs for these college graduates
14:00 has now become a key goal for every city in China.
14:04 [MUSIC PLAYING]
14:06 [NON-ENGLISH SPEECH]
14:34 More importantly, this development cycle
14:37 will energize other market players, not just the city
14:41 government.
14:42 [NON-ENGLISH SPEECH]
15:05 How fast could the speed be?
15:08 From a barren land to a state-of-the-art smart factory,
15:12 then to the day its first car appeared on the assembly line,
15:16 it only took one year.
15:18 [MUSIC PLAYING]
15:37 Now, half of the city's economic growth
15:40 comes from the tech sector.
15:41 Across the nation, high-tech manufacturing and equipment
15:47 manufacturing have been growing their contributions
15:50 to the country's above-scale industrial value.
15:53 The rapid rise of China's tech sector
15:58 now has the US on high alert.
16:01 Statement, American tech rules the world.
16:04 Yes, it does, but not in the gee whiz field
16:07 of quantum computing.
16:09 China is pouring billions into quantum computing education.
16:12 China is ahead of us in quantum computing.
16:15 And the US Congress passed a law in 2018
16:17 called the National Quantum Initiative Act
16:19 in order to help catch up.
16:20 The Chinese research team announced
16:22 to have achieved a significant quantum--
16:25 The United States has confirmed that it
16:27 will add dozens of Chinese companies to a trade--
16:30 The Biden administration has taken its first trade action
16:32 against China.
16:33 --also blacklisting more Chinese companies,
16:35 including one of the country's top chip makers.
16:38 One of the many sanctions put on China
16:41 has been on quantum technology.
16:43 [NON-ENGLISH SPEECH]
16:45 [MUSIC PLAYING]
16:47 [NON-ENGLISH SPEECH]
16:49 [MUSIC PLAYING]
16:51 [NON-ENGLISH SPEECH]
16:52 [MUSIC PLAYING]
16:54 [NON-ENGLISH SPEECH]
16:56 [MUSIC PLAYING]
16:58 [NON-ENGLISH SPEECH]
17:00 [MUSIC PLAYING]
17:02 [NON-ENGLISH SPEECH]
17:04 [MUSIC PLAYING]
17:06 [NON-ENGLISH SPEECH]
17:08 [MUSIC PLAYING]
17:10 [NON-ENGLISH SPEECH]
17:12 [MUSIC PLAYING]
17:14 [MUSIC PLAYING]
17:16 [MUSIC PLAYING]
17:18 [MUSIC PLAYING]
17:19 While the US still leads global innovation,
17:23 Chinese scientists are trying very hard to catch up.
17:26 For example, in the quantum world,
17:28 China competes head to head with the US.
17:32 China has successfully demonstrated quantum supremacy
17:36 and set a new global standard, rolling out
17:39 the world's first communication network encrypted
17:43 with quantum technology and established the most
17:47 advanced quantum computers.
17:49 These technological achievements are also related to Kuofei.
17:54 Quantum C-Tech, the world's first company
17:57 specializing in quantum technology that went IPO,
18:01 is headquartered in Kuofei.
18:03 Here, engineers are busy testing a device
18:06 for a record-breaking quantum teleportation
18:09 experiment on the world's first experimental quantum
18:12 communication satellite.
18:14 [NON-ENGLISH SPEECH]
18:15 [NON-ENGLISH SPEECH]
18:18 [NON-ENGLISH SPEECH]
18:19 [LAUGHTER]
18:20 [NON-ENGLISH SPEECH]
18:21 [LAUGHTER]
18:22 [NON-ENGLISH SPEECH]
18:23 [LAUGHTER]
18:24 [NON-ENGLISH SPEECH]
18:25 [LAUGHTER]
18:26 [NON-ENGLISH SPEECH]
18:27 [NON-ENGLISH SPEECH]
18:28 [LAUGHTER]
18:29 [NON-ENGLISH SPEECH]
18:30 [NON-ENGLISH SPEECH]
18:31 [NON-ENGLISH SPEECH]
18:32 [NON-ENGLISH SPEECH]
18:33 [NON-ENGLISH SPEECH]
18:34 [NON-ENGLISH SPEECH]
18:35 [NON-ENGLISH SPEECH]
18:36 [NON-ENGLISH SPEECH]
18:37 [NON-ENGLISH SPEECH]
18:38 [NON-ENGLISH SPEECH]
18:39 [NON-ENGLISH SPEECH]
18:40 [NON-ENGLISH SPEECH]
18:41 [NON-ENGLISH SPEECH]
18:42 [NON-ENGLISH SPEECH]
18:43 [NON-ENGLISH SPEECH]
18:44 (speaking in foreign language)
18:48 (speaking in foreign language)
18:52 (speaking in foreign language)
18:56 (speaking in foreign language)
18:59 (speaking in foreign language)
19:04 (laughing)
19:06 (speaking in foreign language)
19:10 (speaking in foreign language)
19:14 (speaking in foreign language)
19:44 - From the research stage
19:45 to achieving market-recognized technology,
19:48 it takes a lot of patience.
19:50 (speaking in foreign language)
19:57 (speaking in foreign language)
20:12 (speaking in foreign language)
20:16 - One of the most promising
20:41 and ambitious applications of quantum mechanics
20:44 is nuclear fusion.
20:45 Chinese scientists are trying
20:48 to master controlled nuclear fusion,
20:51 which can provide a limitless
20:53 and clean energy source for humankind.
20:57 This is China's Artificial Sun Project.
21:00 (speaking in foreign language)
21:04 (speaking in foreign language)
21:08 - The core of the sun is 15 million degrees Celsius.
21:29 On December 30th, 2021,
21:32 this donut-shaped reactor smashed a new record.
21:37 It reached eight times the temperature of the sun's core
21:41 for a stunning 1,056 seconds.
21:44 (speaking in foreign language)
21:51 (speaking in foreign language)
21:55 (speaking in foreign language)
21:59 - Once accomplished,
22:24 the energy problem will be solved once and for all,
22:27 but it will take decades.
22:30 Before that, China must deal with a more pressing issue,
22:40 how to provide enough energy
22:43 to meet the rapidly rising demand of an expanding economy.
22:47 (dramatic music)
22:50 These advanced industries need a lot of power.
23:02 And for China's 1.4 billion people,
23:10 the demand continues to rise.
23:16 In the past decade,
23:18 power generation has almost doubled in China.
23:21 China still relies on coal for most of its energy.
23:26 A decade ago, the industry was still highly fragmented
23:32 with a great number of smaller mines
23:35 that were highly polluting and had problems with safety.
23:38 - China has more than doubled construction
23:46 of new wind and solar plants over the past year.
23:49 It's the biggest climate commitment ever made by any nation.
23:52 - In order to improve the country's energy infrastructure,
23:57 action must be taken right away.
24:00 In its drive to transition to a renewable energy future,
24:06 for the past 10 years,
24:08 China has been busy reorganizing
24:10 and upgrading its coal industry,
24:12 closing almost 70% of its coal mines,
24:16 phasing out outdated coal production capacity
24:20 by more than 1 billion tons per year.
24:23 Reducing coal reliance
24:26 while meeting a never-ending demand for more power,
24:28 can China rise to the task?
24:39 The first clue to the answer is here at Haidaigo
24:43 in Inner Mongolia Autonomous Region,
24:45 China's largest open-pit coal mine.
24:49 Changes are already well underway.
24:55 It's as big as 7,000 soccer fields.
25:07 These beasts are working 24/7,
25:10 producing 100,000 tons of coal every day.
25:13 That meets the annual electricity demand
25:17 for some half a million households.
25:19 (dramatic music)
25:22 (dramatic music)
25:25 (dramatic music)
25:28 (dramatic music)
25:31 (dramatic music)
25:34 (speaking foreign language)
25:38 (speaking foreign language)
25:42 (speaking foreign language)
25:46 (speaking foreign language)
26:15 The underground coal layer
26:17 can be as deep as a 60-story building.
26:19 The quickest way to reach the black gold, an explosion.
26:24 Engineers are now operating a new generation
26:29 of automated explosive vehicles.
26:31 First, they have to drill holes in the surface layer.
26:34 Next, some 1,300 tons of dynamite
26:39 is dropped into the hollowed-out chambers and detonated,
26:44 transforming a 130-meter-deep layer of rock into rubble.
26:49 (speaking foreign language)
26:52 (dramatic music)
27:11 Half a month later, everything is ready.
27:14 (speaking foreign language)
27:39 (dramatic music)
27:42 (thunder rumbling)
27:45 (explosion booms)
27:56 (dramatic music)
27:59 (speaking foreign language)
28:17 (speaking foreign language)
28:21 Haidaigo Open Pit Coal Mine
28:40 produces 34 million tons of coal per year.
28:44 There are 72 giant coal mines like this across the nation,
28:47 with an annual output of over 10 million tons.
28:52 By the end of 2021, large modern coal mines
28:57 have taken 72% of the total coal production in China.
29:01 However, upgrading the coal mining industry
29:05 is just the first phase.
29:08 The next is reducing the carbon footprint
29:10 as much as possible.
29:13 (speaking foreign language)
29:17 Coal gang is the solid waste that is generated
29:41 during the mining and washing process
29:44 and accounts for 10 to 15% of total coal production.
29:47 Five kilometers away from the coal mine,
29:52 this coal gang power plant can turn waste into power.
29:57 (speaking foreign language)
30:00 (speaking foreign language)
30:04 In the summer, Beijing uses up 10 million kilowatt hours
30:19 of electricity a day.
30:21 By turning waste into fire,
30:24 this plant generates enough electricity
30:26 to meet the needs of Beijing for two hours daily
30:29 during the hottest months of the year.
30:31 And it's all done in the greenest way possible.
30:35 (speaking foreign language)
30:40 (speaking foreign language)
30:43 By the end of 2021,
31:06 China's ultra-low emission firepower units
31:09 accounted for 77% of the total.
31:12 Now, more power plants have made it their goal
31:16 to achieve near zero emissions.
31:18 (speaking foreign language)
31:23 (speaking foreign language)
31:29 (speaking foreign language)
31:32 Their future lies also in the coal ashes.
31:57 (speaking foreign language)
32:00 Their new technology can produce 4,000 tons
32:12 of aluminum oxide a year from coal ashes.
32:15 (upbeat music)
32:19 (speaking foreign language)
32:26 (upbeat music)
32:29 (speaking foreign language)
32:46 (speaking foreign language)
32:49 (speaking foreign language)
32:53 (speaking foreign language)
33:21 For now, coal remains the primary source
33:24 of China's energy supply.
33:26 The country has determined to gradually phase out coal.
33:30 The proportion of firepower in total power generation
33:35 has decreased by over 10% in the past decade.
33:39 In the meantime, clean energy now accounts
33:43 for more than 60% of the increase
33:46 in energy consumption in China.
33:49 Now, the urgent question is,
33:51 can new clean energy sources come on stream quickly enough
33:56 to fill the gap left by coal?
33:58 Near the sea of Guangdong province in South China,
34:02 a group of engineers are working to turn the tides.
34:05 (speaking foreign language)
34:12 (speaking foreign language)
34:16 (speaking foreign language)
34:25 (speaking foreign language)
34:37 (speaking foreign language)
35:07 It took a year to build this wind farm of 73 turbines.
35:12 This wind farm produces the same amount of energy each year
35:15 that would be produced from burning 300,000 tons of coal.
35:19 Wind farms like these are being built all over the country.
35:24 Today, China has become the world's largest provider
35:29 of wind, solar, and hydropower.
35:31 After making coal greener
35:34 and boosting clean energy capacity,
35:37 the final step is how to get it where it needs to go.
35:40 The big challenge comes from China's vast geography.
35:53 The country's inland wind farms, hydropower plants,
36:04 and geothermal power plants are in the west,
36:07 while most of the power and energy demand
36:10 comes from the eastern coastal provinces.
36:13 Here at the Guangdong Power Grids Dispatch Center,
36:19 engineers are coordinating the distribution
36:22 of all kinds of clean energy from across the nation,
36:25 including that from the Xinjiang Uyghur Autonomous Region,
36:30 more than 4,000 kilometers away.
36:32 In Guangdong,
36:34 one third of the electricity comes from the Xidian Power Grids.
36:38 It was hard to imagine standing there.
36:40 At the time, Xidian Power Grids only delivered 10 million,
36:44 which was a huge amount of power.
36:47 Now, the actual capacity of the distribution
36:49 is over 40 million.
36:51 We have to get this done
36:53 without the idea of liberation.
36:56 Today, China has nearly 50,000 kilometers
37:01 of ultra-high-voltage transmission lines.
37:04 It's the largest power grid in the world
37:07 and continues to expand.
37:09 By the year 2030,
37:12 wind and solar energy will provide
37:14 over 1.2 billion kilowatts of power,
37:18 accounting for more than half of the country's total in 2020.
37:22 Through all these measures,
37:24 small coal mines have been closed down,
37:27 coal production methods have been upgraded,
37:30 and there has been a noticeable increase
37:32 in the use of green energy.
37:35 Now, China has built its own nationwide smart grid.
37:39 As a true believer in global warming,
37:43 China plans to reach carbon neutrality in 2060,
37:48 after it peaks in carbon emission in 2030.
37:51 As for Song Chunpeng,
37:53 his dream will finally be realized when he retires.
37:57 We want to turn this area into a jungle.
38:02 Coal is a treasure given to us by nature.
38:04 Our biggest wish is to turn this area into green
38:10 and give it back to nature.
38:13 Technology or economic growth
38:20 is only important to the extent that people are empowered
38:24 by having better lives and achieving more.
38:27 In 2013, China surpassed the US
38:31 to become the world's largest e-commerce market.
38:35 In the same year, a photography revolution kicked off,
38:39 drones entered the mass market,
38:41 and these changes transformed a young girl's life.
38:46 (upbeat music)
38:49 As she surfs the sea,
39:02 Yang Yang, a self-taught photographer,
39:05 perhaps recalls the day when she was doing two jobs,
39:09 one in fast food, the other as a car washer.
39:12 (speaking in foreign language)
39:16 (speaking in foreign language)
39:20 (speaking in foreign language)
39:49 The world could be muted to Yang Yang,
39:51 but that doesn't affect her pursuing a life
39:56 of freedom and possibilities.
39:58 (camera shutter clicking)
40:03 (speaking in foreign language)
40:15 (upbeat music)
40:17 (speaking in foreign language)
40:21 (upbeat music)
40:46 (speaking in foreign language)
40:50 Yang Yang now spends her time enjoying herself
40:53 on the beaches of Hainan.
40:55 She started the journey of life
41:07 in a small county in Chongqing in southwestern China.
41:11 Nine years ago, she was still a young girl
41:15 dreaming of adventures outside her hometown.
41:18 In China's online shopping boom,
41:21 a company offered her a chance
41:23 to be a part-time photographer in Hangzhou,
41:27 the hub of China's e-commerce.
41:29 (speaking in foreign language)
41:35 (upbeat music)
41:38 But bending to norms doesn't apply to Yang Yang.
42:01 (upbeat music)
42:04 (speaking in foreign language)
42:14 (upbeat music)
42:17 After saving three months' salaries,
42:38 she bought her first drone,
42:40 something she'd always dreamt of.
42:43 So well did she master the operation of this machine
42:46 that her skills won her a National Drone Photography Award.
42:50 (speaking in foreign language)
43:03 (camera shutter clicking)
43:12 (speaking in foreign language)
43:16 (camera shutter clicking)
43:22 (camera shutter clicking)
43:35 (speaking in foreign language)
43:42 (upbeat music)
43:44 (speaking in foreign language)
43:48 (upbeat music)
43:59 (upbeat music)
44:01 (upbeat music)
44:04 (upbeat music)
44:06 (upbeat music)
44:09 (upbeat music)
44:12 (upbeat music)
44:14 (upbeat music)
44:40 (upbeat music)
44:42 Drone operators, baristas, commercial live streamers,
44:48 and professional computer gamers,
44:51 hundreds of new lines of work emerged in the past decade.
44:55 And many, like Yang Yang, are empowered
44:59 to make the choices they really want to make for themselves.
45:03 (upbeat music)
45:07 (upbeat music)
45:10 (camera shutter clicking)
45:15 (speaking in foreign language)
45:19 The service sector takes up 48% of employment in China,
45:33 providing jobs for over 746 million people.
45:38 Over 22 million are in the catering industry.
45:45 While another 13 million find jobs
45:50 in food delivery services.
45:52 (upbeat music)
45:56 (speaking in foreign language)
46:03 (upbeat music)
46:05 (speaking in foreign language)
46:17 (upbeat music)
46:20 Li Pei-Wan was once an English tutor.
46:37 She capitalized on China's startup boom
46:41 by creating her own hot pot brand.
46:45 (speaking in foreign language)
46:49 The digital economy was a key contributor
47:00 for small and medium businesses to thrive in China.
47:03 (speaking in foreign language)
47:08 (speaking in foreign language)
47:12 The digital economy has been growing
47:30 at an average rate of 15.9% since 2012,
47:36 taking up 40% of the country's GDP.
47:39 The country's digital boom gives a chance
47:44 for Li Pei-Wan to not only grow something on her own,
47:48 but also create jobs to help others.
47:51 (speaking in foreign language)
47:56 (speaking in foreign language)
48:00 Seeing a ready audience among China's younger generations
48:22 and booming digital market,
48:24 Li and her team came up with a song
48:27 to celebrate the 10th year
48:29 since the founding of her hot pot brand.
48:32 (singing in foreign language)
48:54 (cash register rings)
48:57 China's booming service industry
49:00 has been creating more and more jobs.
49:03 The average person's income
49:06 has more than doubled in the past decade.
49:09 Meanwhile, China's manufacturing sector
49:13 is wrestling with the services sector
49:16 for younger members of the workforce.
49:18 (chanting in foreign language)
49:22 (chanting in foreign language)
49:26 By 2025, Chinese factories
49:32 will be short of 30 million skilled workers.
49:35 This vocational school is expected
49:39 to help narrow the labor gap,
49:41 in particular, building and operating high-speed rail.
49:45 (speaking in foreign language)
49:51 (speaking in foreign language)
49:55 (speaking in foreign language)
49:59 (speaking in foreign language)
50:04 (speaking in foreign language)
50:22 (speaking in foreign language)
50:26 - Eight, yes or no?
50:40 - Yes. - Yes, very good.
50:42 - Now, these motivated kids
50:46 are proving they're equally good as others.
50:50 (speaking in foreign language)
50:54 (speaking in foreign language)
50:58 (speaking in foreign language)
51:02 (speaking in foreign language)
51:05 (speaking in foreign language)
51:09 (speaking in foreign language)
51:13 (speaking in foreign language)
51:18 (speaking in foreign language)
51:22 (speaking in foreign language)
51:27 (speaking in foreign language)
51:32 (speaking in foreign language)
51:36 (speaking in foreign language)
51:40 (speaking in foreign language)
51:45 (speaking in foreign language)
52:12 - In the past decade,
52:14 China has built more than 30,000 kilometers
52:17 of high-speed rail.
52:18 At a total length of 40,000 kilometers,
52:22 that's long enough to circle the entire equator.
52:26 It's also equivalent to building
52:29 one of Japan's bullet train railway systems every year.
52:33 This means that in order to operate, manufacture,
52:36 and maintain this gargantuan network,
52:40 the country must continue to harvest
52:42 the best talent it has to offer.
52:44 (speaking in foreign language)
52:48 (speaking in foreign language)
53:17 (speaking in foreign language)
53:20 Today, 70% of new frontline workers
53:27 contributing to China's modern manufacturing,
53:29 new services, and other emerging industries
53:32 come from vocational schools like this one.
53:36 And these schools are giving many young people
53:39 a chance to pursue the career they desire,
53:42 motivating those who are from less privileged background.
53:46 New legislation has placed vocational education
53:50 on an equal footing with general education.
53:52 China already has the world's largest
53:56 vocational education system.
53:58 Enjoying almost free tuition,
54:02 some 30 million students have already been enrolled
54:05 in the sector.
54:06 That means 30 million growing dreams.
54:10 (speaking in foreign language)
54:15 (speaking in foreign language)
54:19 Since China's reform and opening up,
54:43 hundreds of millions of hardworking migrant workers
54:46 supported China's economic miracle.
54:48 Now, the new generation's coming of age in this era
54:55 are making their dreams come true.
54:58 From innovation to structural changes,
55:01 charging through challenges and uncertainties,
55:04 China has been on its way to modernization.
55:07 (speaking in foreign language)
55:12 (speaking in foreign language)
55:16 (speaking in foreign language)
55:20 (speaking in foreign language)
55:24 (speaking in foreign language)
55:28 (speaking in foreign language)
55:40 (speaking in foreign language)
55:44 (speaking in foreign language)
56:12 (upbeat music)
56:16 (birds chirping)
56:18 (upbeat music)
56:22 (upbeat music)
56:26 (upbeat music)
56:28 (upbeat music)
56:53 (upbeat music)
56:56 (upbeat music)
56:58 (upbeat music)