China's factories are closing down and moving, to other regions in China. Not to Vietnam or Mexico. 

The next China is... CHINA.

"Common prosperity" is the theme. Or "don't leave your countrymen behind" is another way to examining China.

The rule of logic, The Chinese Communist Party, is a real PEOPLE party, taking care of its citizen 😊

You really have to admire XiPing for carrying out the plan;"born a long time ago" , to raise ALL of China from poverty(going to take some time). This is what the 1% of America is afraid of, they want to be the only rich ones. (Just my very basic opinion)

** It never occurred to me that China could move its manufacturing inland where labor is cheap. This is better than moving to Vietnam, Mexico, and India. China can still make use of its great supply chains because of its great logistics (rail, road). And the inlanders will be economically elevated, thus narrowing the inequality between urban and rural areas. It's so bloody obvious and brilliant.

When a country has a good infrastructure as China does, population size of China, industrial capability of China, and hard working traditions of China, there is no reason to move the supply chain anywhere.

I predicted this ! that the CCP is encouraging factories to move inland to use the cheaper labour and still raise the living standards of those areas 👍🏼 smart move by the government .

The remarkable thing is that China's economic growth is enormously productive. In the US it's a lot of smoke and mirrors, and of little benefit to most people.

They are spreading the wealth throughout the country. Excellent 😊

Mind boggling how such a large country and economy can run so relatively smoothly and coordinated. Perhaps it’s time for us in the west to accept that we have things that we can learn from their system. After all, they learn from our system and improved it. Our government and media needs to stop telling us it ain’t so!

*The message in this video is more emphatic than ever:* The intended audience is not you or me. This message is for the oblivious Western leaders and condescending garden bureaucrats. This is a wake-up call. This is a blaring siren warning of impending hazards. But as usual, good words often fall on deaf ears.

Growth within China will be prolonged....

I always think that some western companies that are leaving China is because in the past they were dominant in the markets and now they have been strongly desplaced by very competitive chinese companies

The same situation everywhere, young people, especially, leave small towns & rural areas for the cities. Chinese leaders are the only ones I know of who are working to counter this trend by moving basic factories to these outlying areas. Special attention is also given to the unique characteristics of areas. Example of creating a huge Azalea "forest" that attracts thousands of tourists during spring blooming season. Tending to these plants develops a year- round income to the residents, many of whom have lived an agrarian lifestyle. Keeping the youth home, creating income for the many elders who would much rather stay where they are is a compassionate, humanitarian AND cost-effective way of managing a population.

I wonder if this is also a part of the poverty alleviation program? To bring industries and etc to areas that are more inland. I believe one of the biggest triggers is the road / rail infrastructure. Different cities are only hours away from each other. Makes logistics feasible.

China's growing and improving infrastructure network has helped it to defeat the Western economic suppression. By moving their manufacturing interprovincial, they helped to bring up the GDP of different provinces and states that previously had lower income per capital, benefitting and providing more opportunities for more citizens from less wealthy areas. Their government really planned ahead for their people.

Always ready for your videos everyday! Informative and eye-opening!

I am from Vietnam and I confirm there's not many new factories being built in Vietnam. They just came, trying to attract us, but ended up investing nothing. There's even acknowledgement by the government recently, and the reason is because of the general incompetency of the whole country: corruption, bad infrastructure, low skilled workers...

Kevin has a good soul.. you can hear the goodness in his being

Don't have figures myself verify the moving of factories but as an ethnic Chinese overseas I have a great admiration of the Chinese leadership doing "together for a shared future" with the poor and rich provinces. What China has been doing is to put more investment to develop the previously poor provinces who were at the bottom of the GDP league table. China leaders is doing what the US would never do and that is to make the poor folks less poor quickly using the national resources. The effort is highly coordinated. Roads, bridges, HSR, power, energy, transmission and tourism are introduced methodically. It is truly a socialism with the Chinese characteristics. The richer provinces are still getting richer but the poor provinces are being make less poor a lot quicker. The ethnic minorities are no longer minor financially. No matter how much the west smears China the Chinese government is among the most caring and humanistic. Historically the ethnic minorities dominate the poor provinces. China runs a national policy to favour them at the expense of the Han majority. While the Han could have only one child the same rule never applies to the ethnic minorities who can also go to university with a lower academic scores than the national average. They can get high paid government jobs easier too. The leadership effort is to preserve the ethnic minorities, encourage their growths so that they are not squeezed out or marginalized by the Han majority. This policy can run successfully because the Han majority knows this is for the good of the country and their sacrifice and support are pivotal. Remember most of the people in the leadership are Han. The renewable energy incidentally helps the poor provinces sparsely populated with ethnic minorities in infertile land barely habitable. The waste land is ideal to install solar panels and wind turbines as this would not compromise the arable land but makes useless windy desert and dry arid outcrop productive. With such huge installations there comes regular income, job opportunities and secure future for Inner Mongolia, Xinjiang, Tibet, Gansu, Ningxi, Sichuan and Yunnan. The GDP of these previously poor provinces are the current financial stars in China now.

This is one of the best channels out there for unbiased, accurate information on Ch.ina. Thank you sir!!

Another excellent report. Your Script is amazing.

Thank you. You confirmed what I've been thinking for a while when reading western media reports about the so-called "China +1" de-risking moves. Rational Chinese officials and company executives would not move jobs and factories to other countries without also giving the poorer provinces a chance to catch up. It means training programs and jobs for the less developed inland provinces. It's the right thing to do.

With an annual GDP growth of 9.5% we now know the reason western governments and the media have been pushing hard on the "Free Tibet" nonsense again...🤣

Love the ending showing some beautiful sceneries. The economic news is also great.

As reported by SCMP, Arthur Kroeber (founder of Gavekal Dragonomics) was asked: "It looks like China is facing challenges in global supply chain realignment. People are saying China’s status in the global supply chain is hard to replace, but what about the prospects over the long run? Who will be the “next China”, India or Vietnam?" His reply: "The short answer is that there is no “next China”. There’s no one else."

It is more risky to have factories overseas. With the comprehensive interior transport links, fast rail, drone aircraft delivery, etc rural areas are connected and feasible manufacturing regions. These developments are part of a brilliant master plan

It is really mind blowing to see it. Talking to friends who live there as I do , and I've been living and driving in China 18 + yrs, I say you can't explain to anyone what you are seeing there because they have never seen anything like this to compare it to. Not just growth like the US went through , Its a whole different level of expansion and technological growth !! Think if US had spent every dime they had on infrastructure instead of military bases, weapons and war. That's what it looks like. Pretty damn cool.

Great to be able to learn about China from you Sir. Never knew the rule of 72! Thank you. So if U.K. froth is 0.5%, then 144 years to double? I would be long gone!😂

The US should work with or learn from China how to reduce those homeless people in the many US cities.

Actually China is growing much faster than originally planned due to US sanctions. If not because of US sanctions, many high tech companies are still relying on western technologies. Thanks to the US government, China is able to achieve technological self reliance much faster. In fact, Made-In-China 2025 goals, introduced in 2015, will mostly achieved its targets with brilliant results by end of this year!

That's something a lot of people tend to forget that China has big areas underdeveloped, when compared with the rest of China, so the growth opportunities are also big. And given the technological level, the whole of China can be as huge as three or four USA. Even two times the US economy will be a force to be reckoned with.

One thing is missing in this post is how China executes the movements of factories. I was in a tier II city in China back in 2017 and witnessed some of these movements. Basically, the local governments tightens the environmental requirements (air pollution, waste disposal, electricity, etc) and purposely makes some factories not profitable. The factories have to move to other areas where the restrictions are less or shut down. On the other hand, the receiving cities of the factories provides free land (sometime, buildings) to take over these factories. These movement on one hand improves the living quality of the original cities of the factories but one the other hand increases the job opportunities in the receiving cities. The environmental impacts are also improved when the factories move. Such an interesting scheme can only happen in a country with strong socialism.

China is not crippling the supply chain, anyone can buy!

NOw you see clearly why China built a very nationwide network of roads and high speed railways. Instead of concentrating all types of industries in one area e.g ShenZhen , China is making the entire country into a future mega mega mega sized Shenzhen. When that happens its economy would be at least 10 times that of USA which by then would be a small country inc omparison. While US concentrates on money laundary their feit paper money , China builds builds and builds using the dollars earned to do so. By then only RMB will be used worldwide.

Inland city Chongqing I visited early this year is booming beyond my recognition when I visited 15 years ago, Chengdu used to be laidback city, Panda play ground now is bustling with commercial hi rises.

Deng mentioned before. Let coastal cities progress. Then move labour intensive activities to westward.

Hainan, 9.2%. Wow. Space industry. Hi-tech.

Thanks Kevin for the enlightening information about the rural industrial development in China

Martin Jacques said the next China is still China.

Xinjiang is thriving. Saw it with my eyes during my May trip in the autonomous region.

As a Chinese live in US I love your videos. Went back and watched All the videos. Great work thank you

As NATO expands into China’s neighbors, and trade restrictions increase, China will maintain high factory output growth rates by replacing lost foreign markets with military products. Look at DJI’s options as they are excluded from large foreign markets. Drones are the new weapon of choice and drone swarms are the future of military. Factory automation in China is the most advanced in the world and their lead is increasing.

Great video once again, very informative and interesting.

Glad to see your channel is growing. I think people are hungry for unbiased information on china business. Western mainstream media is sorely lacking.

This is a Top 3 business channel. Great stuff, Kevin. Blessings.

Interior China have good potential due to emphasis on rail transportation and to make Xinjiang as a front to export via Central Asia and Russia to Middle East.

Tibet, 9.5%. Wow

Elon Musk said Design is overatted, Manufacturing is underrated. Silicon Valley may attract the best minds in the world, design and make a prototype of a new cool product. But to mass produce them and make billions, you have to think of China. China have tons of skilled workforce and know how to organize and make goods efficiently to reduce cost and maximize output

Your snap shot videos are really easy to understand and very effective in explaining rather complex issues. Thanks, mate!

Like Hefei as the center of the EV revolution.

Very interesting. I have a much better understanding of what is really happening in China from watching your channel.

People in Xinjiang and Tibet are currently also been lifted out of poverty and joining the wealthy 800 million-plus middle class elite. Though Nepal is not in China, it soon shall attain higher wealth with High Speed Rail links to all parts of China for trade and shipping. I foresee Sikkim will follow suit in the near future.

China will eventually do more trade with eurasia, asia and Africa than they do with the US and Europe. Those countries are not likely to try and limit China growing like the US is doing.

I love you back up your content with solid data .

Excellent independent reporting Kevin 100% better than the mainstream journalists!

China is developing railroads through Kazakhstan as a route to Europe now. So inland products can be exported through those routes as well.

Appreciate how you give facts instead of propaganda! Nice work!

Read years ago China wanted to move low tech industries inland leaving high tech manufacturing at coastal cities. Move the goods via Yangtze river with higher water level caused by 3 Gorges Dam. One of the companies moving inland was Foxconn which was looking for cheaper wages. The plan seems to have been executed as per data presented by Kevin. Currently China has stated it intends to keep the low cost products e.g shoes, toys manufacturing inside the country so even this would be moved inland.

The industrial growth rate is so high that China does not need to move factories to place like Vietnam and Mexico, all the Chinese companies have to do is build new factories in Vietnam and Mexico in order to avoid tariffs from Western governments. The existing factories can stay in operation supplying non tariffed markets as well as supplying components to Vietnam and Mexico for final assembly.

I don't think above 9% growth is sustainable. What the data shows, however, is that people are moving from low-value jobs to high-value jobs. You don't get 800 million people out of poverty by sticking them all in low-wage positions. Part of the economic miracle is social mobility. Ambitious and creative people can climb the value chain by observing and fulfilling unmet needs. The working poor in the US can't get over that hill because they are barely scraping by.

Very informative and true to the facts and figures ❤

Coincide with my opinion: many people think apartment price drop in big city drop because of business cycle & over supply. It is not. Factory move to inland area generate job, large number workers no need to move to coastal for job which pop up housing price.

Thank you, Kevin

All indjans need to watch this video. Especially those media staff from WION, Hindustan Times, Firstpost, TOI, One India whereby all these media channels love to report China factories are closing and moving to indja.

Another excellent video piece 👍🏼

Moving factory inland is only possible with good infrastructure.

China's policy is to make everyone as productive and prosperous as possible. That is a sound basis for government.

Offshoring and divestment from China certainly have occured across some industries. Neverthelees, the scale and top-notch industrial infrastructure could hardly be supplanted by nations such as Vietnam or Mexico.

Because China seeks to help its citizens , the solutions and ideas are very obvious and not complicated.

*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*

at 08:05... ⚡ Thanks for your informative videos, as always. 👏🏻

China`s ghost cities may fill with people now due to investment in the provinces. My guess is their service sector will also increase as the Chinese begin to consume more than they have done in the past.

This channel is incredibly interesting. Amazing

Thank you and also appreciate the comments you receive....love❤ the surround drone image ..i feel the magnificence manmade and snowy peaks in the near distant

Moving factories will interract with all the new buildings they have built smart move

Thank you, Kevin! I learn something every time i open your video!

India is claiming that it's growing faster than China at 8 vs 5% at National level. However growth rates in rural China are far higher than in similar areas in India. Inddia's boast is, therefore, empty. The gap between rural China vs India is widening Or?

I was born in a remote village in China 40 years ago. Twenty years ago, I can't find a job with a monthly salary of 150 dollars. So I had to go to the coastal area 1000km away to find a job. Now my nephew can find a job with a monthly salary of 1000+ dollars in a factory hundreds of meters away from his house.

Another good take and video Brilliantly made....keep up the good work sir 👏

Informative. Thanks for sharing.

There are many inland provinces that need to be developed, so there is still a lot of room to grow in China.

Love the content

one learn every day! thanks.

Thank you Kevin.

Excellent coverage and analysis- thank you!

What China is experiencing is a little bit similar to what the United States had gone through in the late 1980's and all through 1990's During that time, the center of industrial gravity of USA shifted from Mid-Western states (states around the Great Lakes) to Silicon Valley and Texas The cause was, a change of industrial focus, from iron mills / car manufacturing to electronics/computers/internet/software Same thing is happening in China --- the coastal cities which earlier were populated by huge numbers of sweat-shop like fabric-related industries and assembly plants, are transforming themselves to more modern plants making advanced equipment and robotics, which do not require as many workers The similarity ends here, for the USA, they moved their iron mills and car manufacturing plants abroad, to Canada and Mexico, while China moves its fabric related factories and assembly centers westward, to inland provinces Thus, America's transformation was from Industry 2.0 to Industry 3.0, while China moves from Industry 3.0 to Industry 3.5 (a mixture of Industry 3.0 factories plus newly erected Industry 4.0 plants)

It's as always the unadulterated facts unbiasedly delivered and without all the regular BS from others . Thanks Kevin you're a breath of fresh air.

Factories moving to Mexico, Vietnam, and outside China are focused on EXPORTS. Factories moving to interior provinces in China are focused on DOMESTIC CONSUMPTION and reducing the supply chain for the first stage of finishing raw materials. This isn't an either/or situation, this is a BOTH situation. The same thing happens in the US and is commonly called "rural sourcing" -- moving domestic business to poorer, rural communities with lower costs of living and labor, rather than off-shoring to countries with cheap labor.

Keep smiling, keep telling the truth. Great differences in a democracy that serves the people and nation and a democracy that serves the plutocrats & Wall Street elites. One is accountable by outcome, the other is accountable by talking & talking.

Not surprise at all. The cost increases around coastal areas, meanwhile the heartland and west still have long way to go. Of course it may not happen if china hadn’t built the massive transportation networks yet. It will take another 40 years to come to the point where entire China becomes too expensive to do low - medium cost manufacturing.

Sounds like China is doing the right things. I wonder why the “out sourcing” was not moving manufacturing to West Virginia or Mississippi, or mid west.

Yup, how can you take advantage of such well developed supply chains, infrastructure, skilled workforce, etc. etc. without developing those things first? Only China has everything you need to build your manufacturing capacity at such low price.

By moving production from the coastal provinces, China also reduces the risk of severe economic damage in case of conflict. A decision no doubt at least partially fuelled by current US expansionist policies, especially in the SE Asian arena

I am Chinese American from China over 40 years ago. I always think China is my mother land & US is my father land, I love both countries and people, I hope both are doing well! But the US is like doing a “Culture Revolution” like it happened in China 1960-70. This is the second time for me.😂😂😂

I had NO idea about this….I believed the news of factories in China moving to Vietnam…..

Very interesting, thanks for sharing and clarifying!

this is probably what they mean when they say that the next China, is China

If not for a planned economic growth plan, China's wealth gap between provinces would have been bigger. Yes, I mean it would be something like the western world.

Very useful and informative video, see you in Bilibili😂😂😂😂