
Carmakers Warn China Rare-Earth Shortage Threatens Global Auto Production
Global automakers warn of potential factory shutdowns due to rare-earth magnet shortages from China, urging urgent action to address supply chain risks.
News & Insights Across Asia
Global automakers warn of potential factory shutdowns due to rare-earth magnet shortages from China, urging urgent action to address supply chain risks.
Luoyang Bearing Group’s tech transformation exemplifies China’s push for high-quality development through innovation, with President Xi emphasizing technological breakthroughs during Henan inspection.
A market survey reveals zero consumer interest in paying premiums for US-made goods, highlighting challenges for firms considering production shifts amid tariffs.
China’s Yangtze River Delta creates revolutionary 4-hour industrial ecosystem, reshaping manufacturing and global supply chains.
Mexico’s automotive sector thrives through global supply chain integration, demonstrating modern manufacturing’s cross-border complexities and trade strategy shifts.
China breaks foreign dominance in laser technology, emerging as a global leader and reshaping high-tech manufacturing sectors like smartphones and automotive industries.
China’s laser technology sector overcomes foreign dominance, emerging as a global leader in manufacturing innovation.
China leads the world in industrial robot installations in 2024, showcasing significant growth in high-tech manufacturing and technological innovation.
In 2024, the Chinese mainland accounted for over half of the world’s industrial robot installations, highlighting its leading role in high-tech manufacturing and technological innovation.
The Chinese mainland’s manufacturing PMI rose to 50.2 in February, rebounding into expansion. Official data highlights improvements in production and new orders, indicating economic momentum.
Cixi, a small town in the east of the Chinese mainland, has emerged as the world’s largest producer of irons and heaters, achieving a GDP milestone of over $14 billion.
The Chinese mainland’s top 500 private firms, predominantly in manufacturing, have driven three consecutive years of economic growth, highlighting the strength of the private sector.
Industrial tourism surged in the Chinese mainland during the Spring Festival, with over 300,000 reservations for factory tours in Beijing, including Xiaomi’s renowned facility.
Australian academic Warwick Powell argues that US tariffs alone cannot revive its decaying manufacturing industry, which has been declining for over 50 years.
China seeks new growth drivers amid global economic uncertainty, focusing on manufacturing, domestic consumption, and green transformation to stabilize and grow its economy.
Professor Bai Chong-en of Tsinghua University emphasizes the need for China to strengthen its services industries to drive future household consumption growth.
Accenture aims to focus on China’s manufacturing and R&D, consumer market, and talent transformation, said Asia Pacific COO Anoop Sagoo at the 2024 China International Import Expo.
The Chinese mainland will lift all restrictions on foreign investment in the manufacturing sector from November 1, reducing the negative list entries from 31 to 29 to achieve zero restrictions in manufacturing.
China’s first domestically produced 300-megawatt F-class heavy-duty gas turbine completed its ignition test in Shanghai, marking a significant advancement in the nation’s energy technology.
China intensifies efforts to attract high-quality foreign investment by removing restrictions in the manufacturing sector, fostering innovation, and aligning with international trade regulations.