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Canada's manufacturing sales plummet in April 2020-06-18

Canada's manufacturing sales plummeted a record 28.5 percent to 36.4 billion Canadian dollars (26.86 billion U.S. dollars) in April as the COVID-19 pandemic ground much of Canada's economy to a halt, Statistics Canada reported on Monday.April marked the first full month o...

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Do you really pay attention to heat treatment in fastener manufacturing? 2020-06-17

In the machinery industry, it is worth mentioning that heat treatment ensures the internal quality of fasteners and machinery. Heat treatment process generally includes heating, heat preservation, cooling three processes, sometimes only heating and cooling two processes. These pr...

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Returning manufacturing to Japan presents daunting challenges 2020-06-16

Employees work on a production line inside a Dongfeng Honda factory in Wuhan, Hubei province, April 8, 2020. [Photo/Agencies]The Japanese government wants manufacturing back home from China, but it's hard to break up supply chains, Reuters reported.Japan's cabin...

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China's industrial consumption investment continued to pick up in May. 2020-06-15

Work scene of Beijing Benz automobile factory production line on May 13, 2020 in Beijing. REUTERS/Thomas PeterChina's economic activity continued to pick up in May. The National Bureau of Statistics of China announced on Monday that the value added of industrial ent...

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China aims to bolster trade ties with ASEAN 2020-06-12

A ship unloaded 565 tons of dragon fruit imported from Vietnam at the Dalian container terminal in Dalian, Liaoning province, on April 27, 2020. [Photo by Yu Xinwen]China is willing to strengthen trade, investment and economic cooperation with the Association of Southeast As...

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The import amount of Auto parts of China decreased in April. 2020-06-11

According to the data, the import amount of Auto parts of China decreased in April 2020. The import amount of auto parts of China was 2284.7 million dollars , down 11.8% year-on-year.

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Germany's auto industry has particularly hard-hit. 2020-06-10

A worker wears a protective mask at the Volkswagen assembly line after VW re-starts Europe's largest car factory after coronavirus shutdown in Wolfsburg, Germany, April 27, 2020, as the spread of the coronavirus disease (COVID-19) continues. [Photo/Agencies]Figures show ...

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China's auto sales grow further 2020-06-09

GAC New Energy Automobile showcases its Aion LX, the first electric SUV model equipped with ADiGO, in Shenzhen, Guangdong province on July 28. [Photo by Cao Yingying/China Daily]China's auto sales in May are estimated to reach 2.14 million units, up 11.7 percent year-on-...

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New infrastructure, New opportunity! 2020-06-08

On May 22, 2020, the Government Work Report proposed to support new infrastructure and new urbanization initiatives and major projects, which not only boost consumption and benefit the people, but also facilitate structural adjustments and enhance the sustainability of growth. Sp...

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Recovery of economic activities is expected in the third quarter 2020-06-06

Prospect of recoveryAs most countries have been gradually reopening from their lockdowns since mid-May, recovery of economic activities is expected in the third quarter.Even though all steel-using sectors are affected by the lockdown measures, the mechanical machinery and automot...

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