Latest trends of medical device manufacturing in China: From local rivals to global partnerships
China’s medical device market has grown significantly, reinforcing its position as a global manufacturing leader. By the end of 2023, China had more than 32,000 medical device manufacturers, generating RMB 1.16 trillion in revenue. This growth is driven by government initiatives, strong domestic demand, and rising innovation within the country’s healthcare sector. Local giants: Powerhouses […]
“Do you prefer traditional gasoline cars or electronic vehicles?”: Trending hashtag on Chinese social media
On February 4th, a Zeekr 001 vehicle caught fire in a commercial area parking lot in Shaoxing, Zhejiang province. Although the fire department arrived at the scene in a timely manner and the fire did not result in any casualties, this incident has raised concerns among Chinese consumers about the safety of electric vehicle batteries […]
Industry 4.0 in China: Catching Up With The West
Industrial productivity has been increased significantly by technological advances. A new phrase is entering the vocabulary, thanks to a German effort; Industry 4.0. China, as always, has its own answer to this initiative. The invention of the steam engine introduced the first form of industry by powering factories in the 19th century, and with the […]
Business intelligence: International trade in China
Trade China: statistics According to a white paper on China’s international trade issued in December, 2011, Chinese international trade has grown at record-breaking speeds. In 1978, the total volume of imports and exports from China amounted to 20.6 billion dollars, ranking 32nd in the world. In 2010, the total volume of imports and exports increased […]