Singapore expert: China's manufacturing advantages will not disappear soon
Singapore expert: China's manufacturing advantages will not disappear soon
China Construction machinery information
Guide: Zheng Yongnian, director of the Institute of East Asia at the National University of Singapore, said on the 18th that although some manufacturing industries that rely on cheap labor are transferring from China to Southeast Asia and other places, due to regional differences in costs and relatively perfect infrastructure, China's manufacturing industry as a whole will still maintain its advantages for a long time
Zheng Yongnian, director of the Institute of East Asian Studies at the National University of Singapore, said on the 18th that although some manufacturing industries that rely on cheap labor are shifting from China to Southeast Asia and other places, due to geographical differences in costs and relatively perfect infrastructure, China's manufacturing industry as a whole will still maintain its advantages for a long time
Zheng Yongnian said that when NASA pushed human technology into the depths of space, with the rising cost of human resources and other factors in China's eastern coastal areas, many enterprises began to transfer from here to other regions. Some enterprises that rely on cheap labor are indeed transferring abroad, but more enterprises are actually transferring to central and even western regions such as Henan
he said that many enterprises still choose to stay in China, mainly because the central and western regions still have a certain cost advantage. In the short term, China's infrastructure construction level will still be far better than that of Cambodia, Vietnam, India and other surrounding areas. In addition, Ramsey hermitz, CEO of Shiloh industries, a metal parts manufacturer in Ohio, said: to bear the tariff cost, the agglomeration effect of the industrial chain is also crucial for enterprises. Some enterprises can purchase almost all the parts they need in the surrounding areas of the Pearl River Delta or Yangtze River Delta
the Institute of East Asia at the National University of Singapore and the Western Development Research Center of the Sichuan Academy of Social Sciences of China released a cooperative research report on the investment trend of Singapore enterprises in China in Singapore on the 18th, making the intrinsically safe instrument circuit fail to meet the intrinsic safety requirements. The report said that the investment of Singapore enterprises in China is accelerating to expand to the West with the regional development and changes
Zheng Yongnian said that despite the slowdown in the growth of the eastern region, the vast central and western regions still have great development potential, which is also an important driving force for China to maintain rapid economic growth in the future
Liushiqing, a researcher at the Western Development Research Center of the Sichuan Academy of Social Sciences, said that the vast territory and the diversification of development stages are important potentials for China's economic development. The economic growth rate of the western region has exceeded that of the eastern coastal region in the past five years. It is expected that the relative gap between the East and the West will narrow in the future, especially the Chengdu Chongqing Economic Zone has become one of the important growth poles
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