25th China Hi-Tech Fair 2023 showcases cutting-edge technology

The 25th China Hi-Tech Fair 2023, China's largest ever high-tech trade fair in terms of global participants, concluded on November 19, showcasing China's strength in technological innovation with global companies expressing their desire to actively engage in cooperation with Chinese enterprises. More than 680 new products were presented and transactions surpassing CNY37 billion concluded. With a record exhibition area of 500,000 square meters, 4,925 companies signed up for the event, capturing opportunities to showcase their technological capabilities and foster collaboration, achieving an all-time high. The Chinese Academy of Sciences (CAS) showcased a domestically developed computer numerical control system, known as an industrial mother machine. The system, with its fast response speed and high precision, will provide reliable technical support for strategic emerging industries such as aerospace and new-energy vehicle manufacturing, breaking the long-standing technological monopoly of foreign countries, China Media Group reported. Xpeng Aeroht, the largest flying carmaker in Asia and affiliate of XPeng, premiered a futuristic “flying car” at the event. The car can switch between driving and flying modes. While remaining in compliance with regulations and environmental conditions, it can vertically take off and land, enabling it to fly over congested areas, obstacles and rivers, meeting the demand for short-distance low-altitude travel. It will also be shown at the Consumer Electronics Show (CES) in the U.S. in January next year.

The annual event, inaugurated in 1999, is the largest and the most influential science and technology fair in China. After 25 years of development, the fair has become an important platform for companies from around the world to share opportunities in China. Siemens Energy showcased its Silyzer 300, a modular hydrogen electrolysis system that goes up to the three-digit megawatt range and is the latest and most powerful proton exchange membrane electrolysis device from Siemens Energy. “China is undergoing one of the largest energy transitions in human history. This is not just about a shift of the energy mix in the traditional sense, but also involves local cooperation and scientific innovation at a higher level and with a faster speed. This presents a broader scope of cooperation for leading global energy technologies companies like Siemens Energy,” Anne-Laure Parrical de Chammard, Board Member of Siemens Energy, said in a statement sent to the Global Times. U.S. carmaker Tesla unveiled the refreshed Model 3 and the upgraded Model Y with improved design, cabin and performance, demonstrating China's manufacturing prowess and cutting-edge technology. As a testament to the success of its “Made in China” vehicles, Tesla's Shanghai Gigafactory delivered 771,000 vehicles from January to October this year, surpassing the projected annual delivery figure for 2022. The China Hi-Tech Fair had attracted companies from 105 countries and regions and 248,000 visits as of November 19 at noon, both record highs.

In a video speech at the fair's opening ceremony, Guo Tingting, Vice Minister of the Ministry of Commerce (MOFCOM), expressed China's commitment to strengthening its high-standard opening-up and fostering a more dynamic and inclusive innovation ecosystem. China will make proactive efforts to integrate into the global innovation system, deepen trade and investment cooperation, and share the benefits of opening-up and innovation with all nations, Guo said, as reported by the Global Times.