the news now

The world's news, cross-checked among reputable sources.

This is a new development in a story we have covered before · earlier coverage

Foreign Investors and Executives Flock to China for Tech and Industrial Tours

2 sources across 2 countries · Japan · South Africa

Who reported this

  • Kyodo News Japan · Centre · Non-profit publisher cooperative
  • Business Day South Africa · Centre-right · Arena Holdings (Lebashe Investment Group)

What the colours mean

  • Left
  • Centre-left
  • Centre
  • Centre-right
  • Right
  • A hatched block means the outlet is affiliated with, or controlled by, a state.

Political lean describes where an outlet sits within the politics of its own country. It is never a position on a single global scale.

Political lean is comparable inside one country and not across them, which is why the bar groups by country first. Publicly funded broadcasters are not marked as state-linked.

The owner of each outlet is listed as a matter of record, not as a judgement about the outlet.

A growing number of foreign investors, entrepreneurs, and executives are traveling to China to visit factories specializing in humanoid robots, AI models, and electric vehicles. These visitors are paying thousands of dollars for access to the country's innovation ecosystem, driven by concerns that Chinese companies are taking the lead in advanced manufacturing and cutting edge technologies, a phenomenon described as China shock 2.0. Robert Wu, CEO of Baiguan, has organized tours costing up to $15,000 for five day programs, noting that about half of his participants come from Southeast Asia. Other agencies, such as GloPen, reported a 50 percent jump in inquiries in 2026, primarily from European and Singaporean clients.

This trend is supported by a broader boom in industrial tourism. State media reports that China's industrial tourism sector earned $17.8 billion last year and is projected to exceed 300 billion yuan by 2029. The Chinese government has designated over 140 official demonstration sites to promote this industry. Some facilities, such as the Xiaomi EV factory, offer public tours for approximately $60. Xiaomi's factory has seen over 250,000 visitors since March 2024, with some lottery tickets being scalped online for up to 2,000 yuan. Xiaomi stated that tickets are non transferable and determined by lottery.

High profile visitors include U.S. investment firms Capital Group, Dimension, and Thrive Capital, as well as podcaster Lex Fridman. World leaders have also visited, including German Chancellor Friedrich Merz, who viewed Unitree's humanoid robots. Industry experts like Rui Ma and Alex Shengyun Lu suggest that these visits are essential due diligence for those who will encounter Chinese firms as global competitors. Lu noted a palpable sense of insecurity among European executives who are concerned about falling behind in AI and robotics.

How each side framed it

Centre
The center lean outlet framed the event as a strategic global innovation race and a source of learning for Western entities.
Centre-right
The center-right lean outlet focused on the lure of specific technologies and the logistical details of the industrial tourism boom.

Sources

100% of the statements in this article were traced back to the source articles listed above.