From economic backwater to industrial landmark, a case study of China’s high-quality growth

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FUZHOU, July 8 (ABC): Contemporary Amperex Technology Co., Ltd. (CATL) has been drawing increasing attention from the global electric vehicle (EV) market over the past few years.

The world’s leading automotive lithium-ion battery maker, with around one-third of the global market share, is headquartered in the city of Ningde, east China’s Fujian Province.

Once a poverty-stricken region blighted by adverse geographical factors and poor infrastructure, the city has come a long way in the past decade, shaking off poverty while developing an array of leading industries. And it is now striving to become a globally influential industrial landmark.