Foreign investors upbeat on northeast China's manufacturing sector

Foreign investors upbeat on northeast China's manufacturing sector
Changchun, 11 June: The manufacturing sector has remained the most popular field of investment for foreign investors who are enthusiastic over the traditional industrial base in northeast China thanks to the country's strategy to rejuvenate the region. The latest figures from the three northeastern provinces of Heilongjiang, Jilin and Liaoning suggest a drastic surge of foreign direct investment (FDI) into the manufacturing industry in the past two years.Jilin Province alone...

FTA with China 'will deal a blow to manufacturing sector'
Free trade between the Association of Southeast Asian Nations (ASEAN) and China will deal a blow to Indonesia's manufacturing sector, but provide opportunities for the nation's natural resources-based industries to expand their market in the world's most populous nation, industry players say.They said there was a little chance of the local labor-intensive manufacturing sector being able to compete against China...

China plans to revitalize manufacturing sector
Shanghai, 31st October: China has a goal of revitalizing its manufacturing sector by relying on new technology between the years 2001 and 2005.Xu Guanhua, vice-minister of science and technology, made the announcement at the Shanghai Science and Technology Festival here recently.Xu said that digital technology, precision manufacturing, and environmentally-friendly technology will be given priority and will be used in the manufacturing sector.Information technology and advanced...