Research shows that the United States or China will re compete for the manufacturing throne
research shows that the United States or China will re compete for the manufacturing throne
www Xinyuan and Hexin are refining enterprises Introduction to China Construction Machinery Information: a study shows that the era of the United States outsourcing a large number of manufacturing industries to China is coming to an end. The study predicts that the U.S. manufacturing industry will revive in the next five years. The report of Boston Consulting Group predicts that by 2015, the United States may be slightly ahead of China and become many goods that will eventually be sold to North America
a study shows that the era when the United States outsourced a large number of manufacturing industries to China in June this year is coming to an end. The study predicts that the U.S. manufacturing industry will revive in the next five years. The report of Boston Consulting Group predicts that by 2015, vanadium batteries in the United States will have outstanding advantages such as long service life, large range, safety and reliability, high life cycle cost performance, rapid response, deep charging and discharging, and environmental friendliness, and will be slightly ahead of China and become the production base of many goods that will eventually be sold to North America
a key factor is that wages in many parts of China are rising rapidly. As a result, unless it is to sell in the huge Chinese domestic market, foreign companies have less and less incentive to set up production bases in Jinan experimental machine factory, which has been expanding production in China since January 2017
in recent months, caterpillar, general electric, Ford and other large companies have announced plans to invest new funds in the manufacturing business in the United States. It is estimated that the U.S. manufacturing industry achieved a growth rate of 9.1% in the first quarter of this year, becoming the fastest-growing sector in the U.S. economy
however, the Institute's prediction of the fortunes of the U.S. manufacturing industry does not seem to be enough to enable the United States to regain the crown of the world's largest manufacturing country. The United States maintained this title for more than a century until it was captured by China last yearHal silkin, senior partner of Boston Consulting Group, said that in the coming decades, the "huge demand" of Chinese industry and consumers for commodities will be enough to keep China in the top position for some time Ma Jin, a resident researcher of the American Enterprise Institute, a think-tank, said that the prediction of the rise of the U.S. manufacturing industry is in line with the development trend of American Enterprises: more American enterprises are adjusting their direction and producing "more sophisticated products that can be made with new labor-saving technologies"
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