# State-Owned Capital

The Revving Up of 'Made in China': Zhang Xue’s Track Victory Signals a High-Octane Industrial Shift

Zhang Xue Motorcycles' historic victory at the World Superbike Championship has propelled the startup to a 1.1 billion RMB valuation, signaling a shift in Chinese manufacturing toward high-end engineering. Backed by state capital and a founder with a 'tech-first' philosophy, the company aims to disrupt the global heavy-motorcycle market dominated by Japanese and European brands.