Goldman's China Tech Tour Underscores One Message: America Must Reclaim These Supply Chains By 2030

Goldman is hosting its Private Tech Tour 2025 this week.

From Monday through Thursday, Goldman analysts will visit companies in Shanghai, Shenzhen, and Guangzhou. The tour will feature C-suite meetings and factory tours at 19 companies in eight critical industries. These industries—including AI, semiconductors, eVTOL, and photonics—are poised to define the great powers of the 2030s.

Early takeaways from China's tech ecosystem suggest that Asia holds the lead, especially regarding handsets, eVTOL, and other technologies that share similar production ecosystems. This report serves as a wake-up call for Washington elites: re-shoring these critical supply chains is essential for 2030 dominance.