Experts urge sharper supply chain edge
3 years, 7 months ago

Experts urge sharper supply chain edge

China Daily  

Employees make auto parts at a foreign-funded company in Anshan, Liaoning province. Officials say new steps can help boost SMEs despite production relocations China should enhance its global supply chain advantages, despite some inevitable production relocations, and promulgate new financial measures to strengthen the competitive advantages of small companies, officials and experts said. The nation will improve supply chain finance regulations and factor the changes in industrial organizations, while effectively supporting the development of enterprises in supply chains, a senior official of the People's Bank of China, the central bank, said at a forum over the weekend. Wang Xin, head of the PBOC research bureau, said the central bank will improve the supply chain bill platform and promote the nation's unified registration and publicity of warranty of title, so as to effectively broaden the financing channels for small and medium-sized enterprises and ensure more capital can flow into the real economy. Further improving the business environment in China and strengthening confidence and guarantees for the global manufacturers in the downstream of the industrial chain will be key to determining China's future position in global supply chains, said the report.

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History of this topic

China Details Steps to Form Unified Market Free of Local Hurdles
1 week, 1 day ago

China Details Steps to Form Unified Market Free of Local Hurdles

Live Mint  

China is pressing local officials to deliver on plans to build a unified national market, issuing guidelines for improving competition and dismantling barriers to access as Beijing looks to expand domestic demand. “We will push for regions to find their path to integrating in the unified national market,” Wang Shancheng, a senior NDRC official, said at a briefing devoted to …

Interview: China crucial to sustainable global supply chains, says industry insider
1 month ago

Interview: China crucial to sustainable global supply chains, says industry insider

China Daily  

Interview: China crucial to sustainable global supply chains, says industry insider Xinhua Updated: Dec 12, 2024 A worker operates a shoemaking production line in Wuchuan, Guangdong province. GENEVA, Dec 11 -- Chinese manufacturers, accounting for over a quarter of global manufacturing output, can play a vital role in creating a sustainable global supply chain, an industry insider has said. Seeking …

Firms urged to sharpen global strategy
1 month, 1 week ago

Firms urged to sharpen global strategy

China Daily  

Report says companies should explore new growth drivers in overseas markets As the global trade landscape continues to evolve, Chinese enterprises making forays into overseas markets should strengthen localized production and operation, and optimize the layout in global supply chains, while pooling more resources into technological innovation, to navigate challenges from escalating trade protectionism and geopolitical tensions, said experts and …

Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

By ZHONG NAN| China Daily| Updated :2024-11-28 When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China …

Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their innovation efforts," Ye said, …

Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

WANG YANGYANG/FOR CHINA DAILY When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their …

Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their innovation efforts," Ye said, …

Door opened wider for foreign-invested businesses
1 month, 2 weeks ago

Door opened wider for foreign-invested businesses

China Daily  

WANG YANGYANG/FOR CHINA DAILY When discussing the pace of innovation in China, Matthew Ye, the local head of French tire and mobility company Michelin, offers a perspective that differs from many senior executives in other parts of the world. "As a result, I must spend more time to push our local, European and Japanese engineers in China to accelerate their …

Li: Stable industrial and supply chains key
1 month, 2 weeks ago

Li: Stable industrial and supply chains key

China Daily  

Enterprises encouraged to bolster support for economic globalization Premier Li Qiang called on Monday for opposing all forms of decoupling and firmly upholding stable and unimpeded global industrial and supply chains. The premier warned that amid the sluggish global economic recovery, protectionist moves and overstretching of security are harming global industrial and supply chains, further driving up enterprise costs, reducing …

China pivotal to MNCs' global biz strategy
Trending News
1 month, 4 weeks ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. "As China's manufacturing sector undergoes transformation and upgrading, high-end manufacturing has become a key area for attracting foreign investment," Ji said. Apart from showcasing the latest products and technology solutions at its 600-square-meter booth, …

Chinese enterprises' global expansion: Balancing growth and localization
2 months, 1 week ago

Chinese enterprises' global expansion: Balancing growth and localization

China Daily  

At the 2024 China Enterprise High Quality Going Overseas Forum in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally. At the 2024 China Enterprise High Quality Going Overseas Forum held recently in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally, embracing high-quality development in increasingly complex …

ASEAN's Industrial Landscape: A New Chapter with China's Relocation
2 months, 1 week ago

ASEAN's Industrial Landscape: A New Chapter with China's Relocation

China Daily  

East Asia's industrial chain is undergoing a significant shift as countries move away from China. The relocation of industrial chains from China to Southeast Asia will reshape the region's industrial structure, with Southeast Asian countries gaining greater development potential due to their diverse economic landscape and lower labor costs. However, China's dominance in the global industrial chain is threatened by …

A time to rethink
2 months, 1 week ago

A time to rethink

China Daily  

MA XUEJING/CHINA DAILY In recent years, the relocation of industrial chains from China has attracted widespread attention. The relocation of industrial chains from China to the Southeast Asian nations will not only expand the scale of East Asia's industrial chains, but also profoundly reshape the region's industrial structure. In East Asia's regional industrial chain, Southeast Asian countries have many advantages …

Guangdong's Manufacturing Prowess: A Showcase of Innovation and Growth
2 months, 3 weeks ago

Guangdong's Manufacturing Prowess: A Showcase of Innovation and Growth

China Daily  

The Canton Fair in Guangzhou, China, showcased the commitment of local enterprises to the manufacturing sector. The event featured a wide range of products and technologies, highlighting Guangdong's leadership in advanced manufacturing. The province's industrial scale and strategic location in the manufacturing landscape of China were also highlighted.

China's Industrial Revolution: Navigating Technological Crossroads
2 months, 3 weeks ago

China's Industrial Revolution: Navigating Technological Crossroads

China Daily  

China's push for new industrialization faces challenges but also new opportunities. The country's massive domestic market and active participation in global trade offer China the chance to leverage its complete industrial system and vast market size. However, China's industrial foundation remains weak, and there are gaps in the supply and industrial chains. The country must overcome key core technological barriers, …

US protectionism disrupting global supply chains
3 months, 2 weeks ago

US protectionism disrupting global supply chains

China Daily  

By Su Qingyi | China Daily | Updated: 2024-09-30 09:22 From the 1990s to 2008, global industrial supply chains experienced a golden era. The US' adoption of national competition logic means that it inevitably interferes with the operation of global supply chains. All countries should strengthen dialogue and cooperation, resolve differences through communication, and create a positive political environment for …

Chinese funds help energize Global South
4 months, 2 weeks ago

Chinese funds help energize Global South

China Daily  

An employee works on an assembly line of electric buses, whose components are imported from China, in Addis Ababa, Ethiopia, in March. Today, Chinese firms, especially those engaged in sectors like high-end manufacturing and trade-in services, are adapting their strategies to better align with the changing global market environment. Over the past five years, with the global landscape evolving rapidly, …

Three Chinese firms listed among global top 20 auto suppliers
4 months, 3 weeks ago

Three Chinese firms listed among global top 20 auto suppliers

China Daily  

Three Chinese enterprises are among the top 20 global automotive suppliers, according to the 2024 Global Automotive Supply Chain White Paper released on Thursday. The White Paper, jointly released by China Automotive News and global consultancy firm Roland Berger, announced the names of the Top 100 Global Automotive Supply Chain Companies and the Top 100 Chinese Automotive Supply Chain Companies …

Three Chinese firms listed among global top 20 auto suppliers
4 months, 3 weeks ago

Three Chinese firms listed among global top 20 auto suppliers

China Daily  

Three Chinese enterprises are among the top 20 global automotive suppliers, according to the 2024 Global Automotive Supply Chain White Paper released on Thursday. The White Paper, jointly released by China Automotive News and global consultancy firm Roland Berger, announced the names of the Top 100 Global Automotive Supply Chain Companies and the Top 100 Chinese Automotive Supply Chain Companies …

Steps to bolster service trade
4 months, 3 weeks ago

Steps to bolster service trade

China Daily  

Tourists enjoy a seaside barbecue at Zaihaiyifang Park in Lianyungang, Jiangsu province, Aug 16, 2024. China will accelerate the development of trade in services as part of its efforts to expand high-level opening-up and foster new drivers for foreign trade growth, the State Council, the country's Cabinet, said on Monday. In a move to bolster its service trade capabilities, China …

Steps to bolster service trade
4 months, 3 weeks ago

Steps to bolster service trade

China Daily  

Tourists enjoy a seaside barbecue at Zaihaiyifang Park in Lianyungang, Jiangsu province, Aug 16, 2024. China will accelerate the development of trade in services as part of its efforts to expand high-level opening-up and foster new drivers for foreign trade growth, the State Council, the country's Cabinet, said on Monday. In a move to bolster its service trade capabilities, China …

Steps to bolster service trade
4 months, 3 weeks ago

Steps to bolster service trade

China Daily  

China Daily| Updated :2024-08-20 Tourists enjoy a seaside barbecue at Zaihaiyifang Park in Lianyungang, Jiangsu province, Aug 16, 2024. China will accelerate the development of trade in services as part of its efforts to expand high-level opening-up and foster new drivers for foreign trade growth, the State Council, the country's Cabinet, said on Monday. In a move to bolster its …

Steps to bolster service trade
4 months, 3 weeks ago

Steps to bolster service trade

China Daily  

Tourists enjoy a seaside barbecue at Zaihaiyifang Park in Lianyungang, Jiangsu province, Aug 16, 2024. China will accelerate the development of trade in services as part of its efforts to expand high-level opening-up and foster new drivers for foreign trade growth, the State Council, the country's Cabinet, said on Monday. In a move to bolster its service trade capabilities, China …

China seen as indispensable to global supply chain
8 months, 3 weeks ago

China seen as indispensable to global supply chain

China Daily  

The assembly line of the Airbus A320 family of aircraft in Tianjin. George Xu, CEO of Airbus China, said in an exclusive interview last month: "In the past, we had to ship all the big parts from Europe, which took 60 days., we worked with a Chinese partner, the Aviation Industry Corp of China, to produce the parts locally and …

China seen as indispensable to global supply chain
8 months, 3 weeks ago

China seen as indispensable to global supply chain

China Daily  

The assembly line of the Airbus A320 family of aircraft in Tianjin. George Xu, CEO of Airbus China, said in an exclusive interview last month: "In the past, we had to ship all the big parts from Europe, which took 60 days., we worked with a Chinese partner, the Aviation Industry Corp of China, to produce the parts locally and …

China's new development, world's new opportunities
10 months ago

China's new development, world's new opportunities

China Daily  

Cargo is loaded onto an SF Airlines aircraft at Chengdu Shuangliu International Airport in Sichuan province. DING PING/FOR CHINA DAILY China injects more certainty into global industrial and supply chains China is not only the beneficiary and defender of the integrated development of global supply chains, but also the explorer and builder of a new ecology of global supply chains, …

Experts: China still dominates manufacturing
10 months, 3 weeks ago

Experts: China still dominates manufacturing

China Daily  

By LIA ZHU in San Francisco | chinadaily.com.cn | Updated: 2024-02-21 11:15 Workers assemble doors for new energy vehicles at the Dayun New Energy Vehicle Production Base in Yuncheng, Shanxi province, on Jan 25, 2024. "By working diligently to be a part of global near-shoring efforts, China continues to solidify its position as the dominant player in manufacturing and global …

Experts: China still dominates manufacturing
10 months, 3 weeks ago

Experts: China still dominates manufacturing

China Daily  

Workers assemble doors for new energy vehicles at the Dayun New Energy Vehicle Production Base in Yuncheng, Shanxi province, on Jan 25, 2024. "By working diligently to be a part of global near-shoring efforts, China continues to solidify its position as the dominant player in manufacturing and global supply chain," said Kfuri, founder of the Atlas Network LLC, an American …

Resilient made-in-China aims for higher ground
11 months, 4 weeks ago

Resilient made-in-China aims for higher ground

China Daily  

An employee works on the production line of an auto parts plant in Shenyang, Liaoning province. SHOWING GREAT RESILIENCE Pressurized by some nations' push to decouple and sever supply chains under the pretext of security and impose trade restriction measures in the name of "de-risking," China's manufacturing industry has maintained resilience and made advancement through persistent technological innovation, continuing to …

Sino-US tech ties seen as recovery key
1 year, 2 months ago

Sino-US tech ties seen as recovery key

China Daily  

A man experiences TCL's augmented reality glasses at the Consumer Electronics Show in Las Vegas, the US, Jan 6, 2023. Underscoring that "decoupling" driven by geopolitical tensions poses a big risk to global economic stability, they said that China holds great appeal for US tech companies, because the country boasts a complete supply chain support system, a strong logistics system, …

Industry still lynchpin of future growth
1 year, 8 months ago

Industry still lynchpin of future growth

China Daily  

An employee operates a robotic arm at an AI manufacturing plant in Huzhou, Zhejiang province. XIE SHANGGUO/FOR CHINA DAILY Key meeting says shift in focus from real to virtual economy to be avoided China's latest emphasis on speeding up the construction of a modern industrial system backed by the real economy will help the country gain a competitive edge in …

Industry still lynchpin of future growth
1 year, 8 months ago

Industry still lynchpin of future growth

China Daily  

An employee operates a robotic arm at an AI manufacturing plant in Huzhou, Zhejiang province. XIE SHANGGUO/FOR CHINA DAILY Key meeting says shift in focus from real to virtual economy to be avoided China's latest emphasis on speeding up the construction of a modern industrial system backed by the real economy will help the country gain a competitive edge in …

China introduces policies to stabilize foreign trade
1 year, 8 months ago

China introduces policies to stabilize foreign trade

China Daily  

An aerial view of Beibu Gulf Port in Qinzhou, Guangxi Zhuang autonomous region. China has introduced a series of policies to stabilize the scale of its foreign trade and improve its structure amid uncertain external demand, trade risks and other challenges, said the Ministry of Commerce on Sunday. To keep the foreign trade scale stable, the country will make efforts …

Industrial chain sharpens China's edge
1 year, 10 months ago

Industrial chain sharpens China's edge

China Daily  

Imported cars are unloaded at the Tianjin Port in September. TONG YU/CHINA NEWS SERVICE Comprehensive services stabilize global markets, give MNCs many opportunities Electric vehicle maker Tesla Inc took 12 years to produce its first one million vehicles. The Shanghai plant also accounted for more than half of Tesla's 1.3 million vehicles sold globally last year — a testament to …

Southeast Asia the ‘new China’ for supply chains: business group
1 year, 10 months ago

Southeast Asia the ‘new China’ for supply chains: business group

Al Jazeera  

ASEAN Business Advisory Council chairperson Arsjad Rasjid says region should be ‘supply chain of the world’. Kuala Lumpur, Malaysia – Southeast Asia is the “new China” and should be the centre of the global supply chain, the head of an influential regional business body has said. In an interview, Arsjad Rasjid, chairperson of the ASEAN Business Advisory Council, said the …

Shandong transforms, upgrades manufacturing industry
1 year, 10 months ago

Shandong transforms, upgrades manufacturing industry

China Daily  

An employee operates equipment at a smart production facility in Yantai, Shandong province, in November. TANG KE/FOR CHINA DAILY As a major industrial province, Shandong has been insisting on taking high-quality development as its primary task, with a focus on promoting structural adjustment, transformation and upgrading, and accelerating the development of high-end, intelligent and green manufacturing, said local officials. While …

Strategy offers opportunities for foreign firms
1 year, 11 months ago

Strategy offers opportunities for foreign firms

China Daily  

Visitors experience Qualcomm's extended reality devices during the fifth China International Import Expo in Shanghai in November, 2022. Global business leaders praise country's steps to foster innovation, technologies China's efforts to pursue self-reliance in crucial technologies will create opportunities for multinationals to thrive along with their Chinese counterparts, as a more innovative China can help buoy global economic recovery, stabilize …

Shandong to boost development of advanced manufacturing
1 year, 11 months ago

Shandong to boost development of advanced manufacturing

China Daily  

An employee works on the auto parts production line of a carmaker in Yantai, Shandong province. TANG KE/FOR CHINA DAILY According to the provincial government work report, Shandong will take solid steps to build an advanced manufacturing powerhouse, replace old growth drivers with new ones, and make greater efforts to build a modern industrial system. The high-quality development of the …

China’s manufacturing mojo isn’t easy for rivals to take away
2 years, 4 months ago

China’s manufacturing mojo isn’t easy for rivals to take away

Live Mint  

There’s been a lot of talk of shifting manufacturing supply chains away from China. Parts of the supply chain may shift away from China, but for now, no country can come close to building the intricate network of factories across such a broad range of sectors. Vietnam’s PMI suppliers’ delivery times index, which captures supply chain delays, remained in contraction …

Two cities play crucial role in opening-up
2 years, 5 months ago

Two cities play crucial role in opening-up

China Daily  

Workers construct the Qianhai Integrated Transportation Hub in Shenzhen, Guangdong province, last year. "Reducing tariffs and transaction costs for doing business can help Thai companies, especially smaller ones, increase their opportunities in China, making Chinese consumers more aware of Thailand's strengths as a 'world kitchen'." He also expressed optimism for the Chinese market's prospects, adding that it could grow even …

Report: China remains as major investment destination for multinationals
2 years, 6 months ago

Report: China remains as major investment destination for multinationals

China Daily  

Multinationals in China: Rechoice in the Restruction of Global Supply Chains is released during the Third Qingdao Multinationals Summit on June 19. Many multinationals regard China as a major investment destination, and are increasing their investments in China at a stable pace, despite the new round of reshaping the global supply chain, according to a report issued at the Third …

Qingdao fosters more key industrial chain enterprises
2 years, 8 months ago

Qingdao fosters more key industrial chain enterprises

China Daily  

Qingdao, an economic powerhouse in Shandong province, will cultivate 1,000 key industrial chain enterprises in three years to upgrade and modernize the city's industry chains, local officials said at a recent news conference. "According to Qingdao's business climate, we have made the cultivation plan of key enterprises in industrial chains clear," said an official from the Qingdao municipal bureau of …

Action taken to ensure foreign trade growth
2 years, 10 months ago

Action taken to ensure foreign trade growth

China Daily  

By LIU ZHIHUA in Beijing and HU MEIDONG in Fuzhou | CHINA DAILY | Updated: 2022-03-08 07:12 Containers are unloaded at Lianyungang Port, Jiangsu province. Yin, from Hubei Kingshan Lighting Electrico, said many of the measures, which are highly detailed, are expected to result in immediate and significant help for foreign trade enterprises facing numerous uncertainties and challenges. He said …

Chipmakers helping solve global shortage
3 years, 4 months ago

Chipmakers helping solve global shortage

China Daily  

A technician works on a chip production line in Suining, Sichuan province. LIU CHANGSONG/FOR CHINA DAILY New local capacity boosts output of semiconductors in July by 41% y-o-y Chip-making companies in China are working hard to help solve a global shortage of semiconductor products, as can be seen from the record output of integrated circuits, or ICs, in the country …

Shandong to fuel modernization of industrial system
3 years, 10 months ago

Shandong to fuel modernization of industrial system

China Daily  

The province of Shandong in East China will intensify efforts to advance innovation-driven development and accelerate modernization of the industrial system in the coming five years, said local officials during a recent news conference held by the Information Office of Shandong Provincial People's Government. Shandong will continue efforts to further supply-side structural reform, phase out backward and excessive production capacity …

Industrial, supply chains to get big boost
4 years ago

Industrial, supply chains to get big boost

China Daily  

Employees make auto parts at a foreign-funded company in Anshan, Liaoning province. More independent, controllable links to guard against risks, aid global economy Building more independent and controllable industrial and supply chains will help China better cope with short-term risks amid the COVID-19 pandemic and deeply participate in the reconstruction of global supply chains for long-term benefits, experts and company …

Global MNCs stay bullish on China
4 years, 4 months ago

Global MNCs stay bullish on China

China Daily  

A photo shows a night view of the CBD area in downtown Beijing, capital of China. Global multinational companies in the Fortune Global 500 rankings remain upbeat on China and are setting up new projects and increasing investment in existing facilities despite the hazy global economic outlook due to COVID-19 epidemic headwinds and rising trade friction, experts said. Despite the …

COVID-19 crisis puts China's monopoly of global supply chains in focus, but presumptions of India benefitting are misguided, here's why
4 years, 8 months ago

COVID-19 crisis puts China's monopoly of global supply chains in focus, but presumptions of India benefitting are misguided, here's why

Firstpost  

COVID-19 has thrown light on a global blind spot. In a blog post, Narendra Modi has asked Indians to “rise to that occasion and seize this opportunity” since India has “the right blend of the physical and the virtual” and “can emerge as the global nerve centre of complex modern multinational supply chains in the post COVID-19 world.” The prime …

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