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China has a huge advantage in electricity**, which blocks the path to industrialization in most backward countries. China now generates 30% of the world's electricity and uses five times as much industrial electricity as the United States and twice as much as the G7 countries combined. As a result, China occupies more than 70% of the market share in the global industrial system, and it is difficult for other countries to have the opportunity to industrialize the system. At the same time, China is increasing its power generation capacity, while the G7 countries are declining. China accounts for more than eighty percent of the world's power equipment, and has mastered power generation technologies such as thermal power, nuclear power, hydropower, photovoltaic and wind power. What's more, China reached an agreement with Europe, the United States, Japan and South Korea in 2021 not to export coal-fired thermal power projects, citing environmental protection as a reason. This leaves other countries facing a dilemma in obtaining the electricity they need for industrialization.
China has a complete industrial chain, which is difficult for other countries to achieve. China not only has the advantages of the whole industrial chain in the fields of heavy industry, light industry and high technology, but also can meet the huge domestic demand in the domestic market. China has a population of 1 billion, so any small project can be scaled up into an industry. This allows China to establish the most complete industrial category system, which is difficult to compare with other countries. In particular, Chinese companies that have survived the market competition often show ultra-high cost performance in overseas markets, which has also prompted China to become the largest exporter of automobiles. The advantage of this whole industry chain makes it impossible for other countries to compete with China in terms of industrialization.
China has made an important breakthrough in the field of artificial intelligence, which is also difficult for other countries to catch up. The development of artificial intelligence has great potential to improve production efficiency and R&D speed, and China is in a leading position in the application development of artificial intelligence. Although China and the United States are currently the two major players in the field of artificial intelligence, other countries are still in a wait-and-see mode. However, any technology ultimately needs to be supported by industrialization capabilities, and from this point of view, China has full confidence in industrialization.
China has a huge market demand, which is also difficult for other countries to match. The size of Chinese's population has reached 1 billion and has a huge domestic demand market. This enables China to scale up into an industry in any small item and maintain an advantage in market competition. While competition in the Chinese market may lead to thin margins, in overseas markets, Chinese products are able to gain a good reputation and sales. This market demand has made it difficult for other countries to replicate China's success in industrialization.
Through the advantages of electric power, the power of the whole industrial chain, the breakthrough of the commanding heights of science and technology, and the support of market demand, China has successfully blocked the industrialization path of other countries. China's advantages in power generation capacity, industrial chain support, scientific and technological breakthroughs and market size make it difficult for other countries to catch up with and surpass China's achievements in industrialization. At the same time, China has further strengthened its industrialization with the support of the defense sector and the competitive forces of the domestic market. As a result, China has created an almost insurmountable barrier to the industrialization of other countries.
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