China is at a crossroads. Its leaders are committed to dramatically transforming the world's second-largest economy. They want so-called knowledge businesses to supplement manufacturing. They want to increase domestic consumption to bolster growth. They want the world to covet Chinese brands. Business and political leaders from around the world will discuss and debate this ambitious vision at Fortune's upcoming Global Forum in the western city of Chengdu on June 6-8. But signs of a New China already are emerging, as you'll discover by reading this special report. Beijing-based Lenovo is producing innovative tech products. Wanda Group of Dalian is building domestic theme parks and resorts. And the Chinese government is investing heavily in roads and railways to help middle-class and affluent consumers get there. These massive infrastructure projects help keep citizens employed -- and, more important, could help China reach its next destination.
CEO Yuanqing Yang is trying to build a global brand -- and outmaneuver Apple and Samsung.