The country’s industrial initiative, Made in China 2025, is positioning it to become an industrial leader—especially in the field of robotics. In December 2016, Mark Cuban—owner of the Dallas Mavericks, serial entrepreneur, and co-host of “Shark Tank”—penned a letter to President Donald Trump, urging him to invest $100 billion into the U.S. robotics industry. Why? […]
China’s manufacturing sector cools as export demand weakens
Trend prompts some smaller firms to shed staff and cut overheads, according to survey China’s manufacturing activity expanded at its weakest pace in four months in March as export demand faltered, prompting companies to shed staff more quickly as they looked to cut costs, a private survey showed. The Caixin/Markit Manufacturing Purchasing Managers’ index fell […]
Non-Asian Hardware Founders Should Reconsider Chinese Manufacturing
In 2017, we saw many hardware startups struggle through manufacturing. Hardware founders can be seen in a daze fighting jetlag and sleep deprived from conference calls between US/UK/EU teams with Chinese manufacturing teams. We’ve heard war stories about Cathay Pacific flights around typhoons, manufacturers using counterfeit parts or changing components without checking, Chinese New Year […]
Chinese Manufacturing Companies Moving to the US
China gets a bad rap for taking US jobs, but a recent trend is seeing Chinese manufacturing companies moving to the US in search of lower production costs and higher profits. While Made in China seems to be the byword for manufactured goods in the US, many Chinese manufacturers who sell to US markets are […]
China’s factories grow at fastest pace in over five years as prices surge
BEIJING (Reuters) – China’s manufacturing activity grew at the fastest pace since 2012 in September as factories cranked up output to take advantage of strong demand and high prices, easing worries of a slowdown before a key political meeting next month. Production, total new orders and output prices all improved to the highest level in […]
Cloud Technology in China: What Businesses Need to Know
China’s cloud technology industry is expected to grow to US$103 billion by 2020 as companies continue to digitize their business data and internal systems. The growing demand for cloud technology has led to both domestic and foreign IT companies rolling out new cloud services for Chinese consumers and businesses. Data centres in China are not connected internationally as […]
The Robotics Industry in China
China has been the world’s largest industrial robot market for four consecutive years. In 2016, China had a total sales volume of almost 90,000 units – a 27 percent increase compared to 2015 and representing 30 percent of the global market. According to the International Federation of Robotics (IFR), China has had the most industrial […]
The 3 Industries Driving China’s Economy
China is the world’s largest emerging market economy, both in terms of population and total economic product. The country is arguably the world’s most important manufacturer and industrial producer, and those two sectors alone account for more than 40% of China’s gross domestic product, or GDP. China is also the world’s largest exporter and the second largest importer, […]