China has now set itself very ambitious goals. They want to overtake the United States in the technology race.
Most of the technology products are now manufactured in China. However, this is not enough. The ultimate goal is to have the majority of the world's inventions made by Chinese engineers.
China's successes are enormous. They are leading the way in creating CBDC - the money of the new world. They control the bitcoin pools. Experiments are underway to create a new, fully digitalized society. China is a very ancient country with 5000 years of history.
China is not inclined towards democracy. However, he carefully copies all effective economic models.