BUSINESS


21

Jan 2015

Manufacturing sector output to grow 2.93%

TAIPEI — The value of the output of Taiwan’s manufacturing sector is expected to grow 2.93 percent this year from a year earlier because of the global economic recovery, according to the Industrial Economics and Knowledge Center (IEK). The forecast represented an upward revision of 0.07 percentage points from an earlier estimate as Taiwan is expected to benefit from an increase in exports on rising...

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21

Jan 2015

N. China to establish new energy vehicle manufacturing base

SHIJIAZHUANG, Jan. 14 (Xinhua) — An electric and alternative fuel vehicle manufacturing base capable of producing 300,000 new energy cars per year is being planned for north China’s Hebei Province. With an investment of 3 billion yuan (490 million U.S. dollars), the Hongxing new energy car base in Xingtai County will help shift Hebei’s economy away from iron, steel, glass and cement production. The first...

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21

Jan 2015

Bay Area hardware startups get gateway to China’s manufacturing universe in Potrero Hill

Rather than living on airplanes or moving part-time to China, Bay Area entrepreneurs developing consumer electronics devices today have the luxury of building manufacturing prototypes with teams of designers and engineers who work directly with factories in Shenzhen but are located conveniently in San Francisco’s Potrero Hill District. That’s where PCH, a global product development and supply chain juggernaut, runs a growing year-old campus and...

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21

Jan 2015

China’s Global Investments Shift From Raw Materials To Manufacturing

DAVOS, Switzerland – As Chinese companies invest aggressively overseas, many are expanding beyond oil, minerals and other raw materials, instead setting up manufacturing operations that employ local people and selling products directly into new markets. “This is a new trend,” said Cai Jin-Yong, chief executive officer of the International Finance Corp., an arm of the World Bank, speaking here at the World Economic Forum on...

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21

Jan 2015

Survey Shows Increased Optimism Among Manufacturing Executives

A newly released survey showed top U.S. manufacturing executives were increasingly optimistic about the national economy heading into 2015 — and that many planned to increase their workforces this year. The latest Manufacturing Barometer from PwC — a quarterly survey of 60 senior executives at multinational manufacturers — showed 68 percent of respondents were optimistic about the U.S. economy’s prospects for the subsequent 12-month period,...

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