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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...
MoreChina'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...
MoreThe 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.&...
MoreGlobal 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...
MoreChina 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...
MoreMajor 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...
MoreVietnam'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...
MoreChina'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, ...
MoreJapan's fastener Export to China Drops (From Jan to July 2019) 2019-11-04
Japan's fastener export to China is decreasing the Japanese steel bolt export value to China during Jan. and July 2019 landed at JPY 17.2 billion, down 13% from the same period last year; the export volume was 24.9 thousand tons, down 19% from the same period last year. In th...
MoreExperts urge action to boost steel industry 2019-11-01
More measures are expected to be put in place to battle China's sluggish steel and iron market as major producers experience a slump in profits, industry officials and experts said."Steel and iron producers should step up efforts in expanding markets, optimizing business...
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