I came across this video when someone posted the link on WeChat.
I found the content interesting because I am interested in net-zero initiatives, and the video focuses on electrification.
My perspective centers on efficiency and competitiveness in general. I shared this here because many people do not fully understand China's progress. Without a balanced view, it could lead to misjudgments.
For some perspective, in Australia, we have abundant renewable energy resources. However, the most habitable areas of the country are coastal cities. Modernizing the electricity grid is necessary to achieve net-zero, but I am skeptical because progress here is extremely slow. For instance, even a simple project like redeveloping a pier can take several years to complete:
https://www.parks.vic.gov.au/projects/melbourne-region/st-kilda-pier-redevelopment
In addition to the slow pace, human capital costs in Australia are significantly higher than in China. I can imagine that a maintainer like those shown in the video could cost around $1,000 per hour here. Meanwhile, in China, $1,000 to $2,000 could cover an entire month's salary for a similar worker.