In the evolving landscape of global manufacturing, Zhejiang-based enterprises are redefining China's industrial narrative. Once synonymous with low-cost production, the province's materials sector is now a vanguard of strategic cross-border mergers and acquisitions (M&A) and global value chain (GVC) repositioning. This shift is not merely a response to external pressures but a calculated move to secure long-term growth in an era of geopolitical uncertainty and technological disruption.

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