Unstoppable Industrial Upgrade
This year, the U.S. has persistently exerted trade friction on China, which eventually triggered the first shots of a total trade war. Additionally, the U.S. has targeted the Made in China 2025 strategy.
Jul 12, 2018
China is Forced to Counter US-Initiated Trade War
The USTR published on Friday a list of Chinese goods subject to additional Tariffs. The “punitive tariffs” on about $50 billion of Chinese products will burden the world’s two largest economies, China and US.
Jun 16, 2018
Promote Reform and Opening-up through New Economic Achievements
China’s Reform and Opening-up and socialist modernization has entered a new era. According to the government work report, China is targeting 6.5% GDP growth in 2018.
Mar 11, 2018
From “Made in China” to “Intelligent Manufacturing from China”
China seized its opportunity at the end of last century to develop manufacturing industry when the third industrial revolution and globalization was in full swing, adding powerful fuel to China’s economic growth. Over four decades since the start of reform and opening up, China grew rapidly into the “world’s factory”, and “Made in China” began to bring its prominent cost advantage into play.
Oct 11, 2017Will China dominate the next generation of manufacturing?
China is always considered as the center for manufacturing with cheap labor. But in recent years, China wants to upgrade its industrial structure to get more innovative, with initiatives like Made in China 2025. Whether it can achieve the goal, only time will tell.
Apr 12, 2017