According to a survey, in spite of higher operational costs brought by the financial crisis, there are fewer multinational companies focusing on manufacturing planning to relocate their manufacturing facilities out of China.
China is considered by the global business community as an indispensable player in an eventual economic turnaround as multinational manufacturers are strengthening their commitment to China which is probably a vital base of operations for Asia.
Compared with 17 percent of the 108 multinational companies (MNCs) expressing Read more…
Popularity: 4% [?]
business, China, crisis, economy, export, location, manufacturing
In order to streamline manufacturing operations in China, Intel Corporation, the giant company famous for its semiconductor manufacturing, last Thursday claimed the closure of a plant in Pudong of Shanghai.
Intel will continue its step of investment in China with investing 110 million dollars into Intel China Ltd. which is the company’s holding company locates in Shanghai.
Because of the gloomy Read more…
Popularity: 2% [?]
China, closure, economy, Intel, manufacturing, Pudong, Shanghai
Based on a survey, because of recessions in the US, Europe and Japan less demand for exports, China’s manufacturing contracted for a fifth month in December.
The CLSA China Purchasing Managers’ Index stood at a seasonally adjusted 41.2, compared with a record low of 40.9 in November, according to CLSA Asia Pacific Markets last Friday in an emailed statement. The index which is below 50 reflects a contraction. Read more…
Popularity: 3% [?]
China, crisis, economy, export, manufacturing, recession
Nowadays in China, management talents and engineers may be in shortly supply, but China needs most is skilled workers and technicians.
As China’s manufacturing industry has developed so fast since the beginning of economic reforms 30 years ago, the demand for highly skilled blue-collar workers has been growing.
But traditionally, factory owners pay blue-collar workers, even highly skilled ones, unfairly low salaries compared Read more…
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blue-collar, China, manufacturing, skilled, technician
To see part 2
Besides reliable clientele and fine quality, another reason that Cai is so confident is that his company is capable for innovation.
They have enough outstanding designers in overseas and dozens of others doing research and development. “Quite a number of our products are sold overseas carrying the Quanyu trademark,” Cai said. Read more…
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China, crisis, economy, export, Guangdong, manufacturing, Shantou, toy
To see part 1
According to Guo Zhuocai, Huawei director and president of the Chenghai Toys Association, the market is to unsteady to be predictable and everything became more expensive.
90% of Huawei’s products, including remote-control toys, electronic dolls and robots are sold to overseas markets. Read more…
Popularity: 3% [?]
China, crisis, economy, export, Guangdong, manufacturing, Shantou, toy
According to a survey, in spite of higher operational costs brought by the financial crisis, there are fewer multinational companies focusing on manufacturing planning to relocate their manufacturing facilities out of China.
