Inside Wenzhou: How do Chinese private enterprises compete globally?

What does it take for Chinese businesses to make it on the global stage? In Wenzhou, a city known for its entrepreneurial spirit and thriving private economy, that question opens up a much bigger conversation about China's place in the global economy.

CGTN's Wang Tao explores the story with insights from Mulatu Teshome, former president of Ethiopia, and Radhika Desai, professor of political studies at the University of Manitoba.

From homegrown businesses to international markets, what gives Chinese companies their competitive edge? As the global economy evolves, Wenzhou offers a window into how Chinese businesses are navigating change, pursuing new opportunities and connecting with the wider world.