An employee of an engineering equipment manufacturer in Nanjing, Jiangsu province, works on Thursday at the company's production line. Although the broader economy is still facing challenges from the lack of demand and a complicated external environment, he said, "The momentum of China's economic recovery is poised to undergo further consolidation in 2024, propelled by robust policy support, the advancement …
Employees work on a production line of gas spring manufacturer Stabilus Co Ltd in Pinghu, Zhejiang province, in April 2022. "The production lines started operating before the Spring Festival holiday was over in late January," said Mattia Lugli, the company's general manager. Total investment in the flagship factory exceeds $300 million — Nidec Group's largest single overseas investment — said …
