Business

How Chinese innovation drives shared growth from Shenzhen to Asia-Pacific

Xinhua

Updated: 2026-11-15 16:22

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This photo taken in 2026 shows a night view of Shenzhen, South China's Guangdong province. [Photo/Xinhua]

Shenzhen's rapid technological innovation, coupled with Hong Kong's international quality control standards, gives Malaysia access to cutting-edge medical technology, an official with the Malaysian Chinese-language daily Kwong Wah Yit Poh said.

At century-old Mahidol University in Thailand, 41 campus buildings are topped with solar panels. Huawei describes the project as the Asia-Pacific's largest single-site commercial and industrial solar-plus-storage system.

This project serves a national goal. Thailand announced at the COP26 climate summit in 2021 that it would achieve carbon neutrality by 2050, and has encouraged rooftop solar via incentives and tighter safety standards.

The university chose Huawei's smart photovoltaic solution: 15 megawatts of solar capacity, 600 kilowatt-hours of storage and optimizers, which is expected to save around $2.3 million a year and cut carbon emissions by 11,000 tons. The optimizers allow more panels across the 41 rooftops and lift power output by 10 percent, while the storage provides backup power.

The campus is part of a wider footprint. By early 2025, Huawei's digital power business had served over 1,000 Thai enterprises and installed 6 gigawatts of solar inverters, helping generate more than 6 billion kilowatt-hours of electricity and cut carbon dioxide emissions by more than 5 million tonnes, said Yu Junxiang, an official with Huawei's arm in Thailand.

Taken together, Chen said, these cases show how Shenzhen, an urban test case for Chinese modernization, can serve a region: openness breeds cooperation and innovation drives shared growth, offering Asia-Pacific economies a viable path to build consensus, narrow development gaps and achieve shared prosperity.

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