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China set to attract more investment 2019-11-18

Over the past five years, the business environment of China has been constantly improving with its ranking rising from 46th last year to 31st this year in the World Bank's ease of doing business list. The government has not only further opened up the economy and implemented n...

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Electronic, self-driving and Internet vehicles are a global trend? 2019-11-15

The global automotive fastener market is expected to grow next year as auto production continues to grow. Automotive fasteners are the largest single market and are expected to account for about 30% of total demand in the next few years. However, the expansion of altern...

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What are we going through? 2019-11-14

According to the current consensus, Industry 1.0 is the era of steam engine, Industry 2.0 is the era of electrification, Industry 3.0 is the era of information, Industry 4.0 is the era of using information technology to promote industrial transformation, namely the era of intelli...

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China's Jingye 1.2 billion pounds investment to save British Steel 2019-11-13

The Jingye Group is based in Chinas Hebei Province, with Group headquarters in Beijing. According to its website, Group turnover in 2019 was around CNY 90.1 billion(around EUR 11.5 billion), which ranked Jingye 217th in the top 500 Chinese enterprises Jingye employs around 23, 50...

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The global industrial fastener market will reach $104 billion by 2020 2019-11-12

According to a report on the industrial fastener market, the global industrial fastener market will reach $104 billion by 2020.It said the global industrial fastener market will reach us $104 billion by 2020, with special reference to the future development of railway fasteners.&...

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Global growth remains weak, A global rebound is expected in 2020 2019-11-11

According to the forecast, global economic growth will accelerate to 3.5 percent in 2020 from 3.2 percent in 2019. For developed economies, growth is expected to be 1.9 percent in 2019 and 1.7 percent in 2020. Emerging market and developing economies are expected to gro...

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China Fastener Market is facing chances and challenges 2019-11-09

The World’s GDP was $87.5 trillion in 2018, and global industrial GDP accounted for 25 percent of the total, indicating that the fastener market is still growing and will continue to grow in 2019. In 2008, the total value of China's foreign trade reached a new high of over 3...

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Major economies reap benefits of complementary trade, cooperation 2019-11-08

China and Brazil - two champions of economic globalization - will create jobs, two-way trade and investment opportunities in the next stage of their partnership boosted by the development of political ties and the Belt and Road Initiative, said officials and experts.Trade between...

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Vietnam's automobile import surges 50.9 pct in 9 months 2019-11-06

Vietnam spent nearly 5.5 billion U.S. dollars into importing completely-built automobiles and components for assembly in the first nine months of this year, posting a year-on-year rise of 50.9 percent.Specifically, the country imported 108,929 completely-built automobiles worth r...

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China's steel production expands steadily in Jan-Sept 2019-11-05

China's steel output posted steady growth in the first three quarters amid increasing market demand while the steel enterprises saw shrinking profit due to rising cost, according to an industry association.Crude steel output totaled 748 million tons in the first nine months, ...

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