BAODING, China (Bennington Vale Evening Transcript) -- Part of China's recent growth strategy involves making inroads to highly competitive markets it has not previously entered. The global automotive industry -- dominated by Europe, the United States, Japan, and to some extent Korea -- has been one particular market in which the quality gap is glaringly apparent. But now China wants to emerge as a contender among known heavyweights by offering more than the provision of cheap assembly line labor. "To beat those competitors, we have no choice but to use a higher level of equipment and technology," one engineering company CEO said. It's not just global automakers China wants to take on. From microchip foundries to medical equipment and jet engines, Chinese companies are using their resources and wealth to upgrade their products on an unparalleled scale. To do so, the industrial sector has begun relying more on machines and robots. But as a country still clinging to its socialist roots, China promises that its robots will retain a "human" touch and will not put existing workers out of jobs.
Showing posts with label manufacturing. Show all posts
Showing posts with label manufacturing. Show all posts
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