cí​xī​xiào​yìng

China's attraction

磁吸效应 (磁吸效應) cí​xī​xiào​yìng
China's attraction
The particular magnetic pull that China's economy and market exert on global human resources and financial capital.
magnet effect
An economic and social phenomenon where a specific region or entity exerts a powerful attraction on investment, capital, and talented individuals.

Sources

Definitions
CC-CEDICT