Nestled in the eastern coastal city of Ningbo, China, is a little-known manufacturer producing some of the world’s thinnest amorphous-nanocrystalline alloys, known as magnetic “liquid metals.”
The star products are nano-sized magnetic materials measuring a mere 14 nanometers in thickness, making them significantly thinner than a human hair at 80,000nm wide.
These materials have a wide range of applications, from ultra-fast wireless charging to powering drones and generating electricity through photovoltaic technology.
Backed by the Chinese government, the manufacturer, B Plus New Material Technology, receives support in the form of loans, tax benefits, and other incentives due to the strategic importance of advanced materials in Beijing’s technological priorities.
As China seeks to enhance its technological capabilities and compete with the US, small innovative companies like B Plus are seen as crucial players in driving this transformation.
Private sector entities, once considered insignificant, now wield significant influence and contribute significantly to the economy’s growth and technological advancements.
Private sector minnows now look like big fish since little giants assume outsized roles for the economy and tech breakthroughs