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>Who said EV was suppose to rescue PRC economy?

the gov is heavily investing & publicizing "New productive forces"[] that include "new energy vehicles"

[]: https://en.wikipedia.org/wiki/New_productive_forces

[]:https://www.miit.gov.cn/zwgk/zcwj/wjfb/yj/art/2024/art_ad15b...

Yes, EV export up 70% YoY but is minority part of exports, less than 1T out of 24T yuan total exports of which export itself is ~20% of 126T economy, aka export itself is not driving most of PRC growth. Maybe 0.5% of ~5 or 10% of new growth which is a lot, but also 90% of again, growth is happening not because of EV. If you remove EV success PRC is still growing, not collapsing. OP is pretending subtracting 5-1 is some negative collpase number, when it's just slightly less positive. When I said EV is not suppose to rescue the economy, I mean economy is not suddenly going to turn negative if you remove EV, or most of the new industries, which is just another rebranding for all the strategic industries in MIC 2025, most of which will create biggest economic impact via domestic substitution before exports.

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