Peking University professor Lin Yifu said at the Tsinghua Wudaokou Chief Economists' Forum that China has three major advantages compared to other countries. The first is the advantage of talent. Second, our country has a very large domestic market. Third, our country has the most complete manufacturing ecosystem. Judging from the hardware, it is even more obvious. “Tesla has been developing in the US for more than ten years, the maximum production is less than 30,000 vehicles, and it is on the verge of bankruptcy. We invested in China in 2019, and produced 480,000 vehicles in 2020, turning Tesla from a company on the verge of bankruptcy to the automobile company with the largest market capitalization today.”

Peking University professor Lin Yifu said at the Tsinghua Wudaokou Chief Economists' Forum that China has three major advantages compared to other countries. The first is the advantage of talent. Second, our country has a very large domestic market. Third, our country has the most complete manufacturing ecosystem. Judging from the hardware, it is even more obvious. “Tesla has been developing in the US for more than ten years, the maximum production is less than 30,000 vehicles, and it is on the verge of bankruptcy. We invested in China in 2019, and produced 480,000 vehicles in 2020, turning Tesla from a company on the verge of bankruptcy to the automobile company with the largest market capitalization today.”