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 […]