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Where Are Migrant Workers in China Moving to?

March 27, 2018 By Dominic Morgan

Economic changes and government policies are driving millions of China’s migrant workers away from the wealthy coastal regions back to the less developed western regions. The trend is a clear sign that a fundamental change to China’s economy is in progress, as a growth model that lifted more than half a billion people out of poverty starts to slow. From the early 1990s onwards, China’s double-digit GDP growth was fueled largely by the cheap labor provided by people leaving their farms in China’s poorer inland provinces to find work in the factories springing up along the coast. Now this has changed.

Filed Under: Agriculture, China, Chinese Economy, Demographics, Know China, Society Tagged With: Manufacturing, Migrant Workers, Urbanization

Offshoring Goes Full Circle: Chinese Firms Shipping Out

September 6, 2017 By Krystal Hu

For decades, China has been a top destination for foreign firms to move their operations abroad, now the trend is reversing—Chinese firms, especially manufacturers, are now moving to the US, not only to lower the cost of production but also to build their brands in global market. Indeed, China is losing its old advantage of cheap labor and raw material, and in certain parts of the US, the land is much cheaper than in China. Meanwhile, the re-booming US economy, flexible financial system and beneficiary tax policies are also driving ambitious Chinese entrepreneurs, who are changing the “Made in China” to “Made in the US”.

Filed Under: All Articles, China, Chinese Economy, Economy, Know China, Manufacturing Tagged With: industry transfer;, Made in China, Manufacturing, overseas market;, smart manufacturing;

Made in China, For China

May 22, 2017 By Tom Nunlist

Under the banner industrial policy “Made in China 2025”, China seeks to replace the advanced foreign manufactured goods that it has long relied upon with domestically-produced goods. But the effort is spooking the foreign business community, and the plan may not address China’s most genuine needs. Precise details of the implementation of the grand policy are only now beginning to emerge. For Chinese companies, the real long-term impact of the plan is at best unclear. But for foreign companies, although there will be business opportunities in the short-term, the plan as a whole presents big challenges to their future in China.

Filed Under: All Articles, China, Chinese Economy, Economy, Know China, Manufacturing Tagged With: Made in China, Manufacturing

China’s Industrial Economy: Overcapacity is the Biggest Challenge

May 26, 2016 By CKGSB Knowledge

China’s industrial economy did not stabilize: it declined in the first quarter of 2016, according to the latest CKGSB survey of over 2,000 industrial firms nationwide. The survey, led by CKGSB Professor of Finance Gan Jie, shows that overcapacity and weak demand remain biggest challenges for China’s industrial economy. The Business Sentiment Index, a major indicator of the survey, stood at 46 in Q1 2016, a one point increase from Q4 2015, but still indicative of contraction. The BSI is the simple average of three diffusion indices including current operating conditions, expected change in operating conditions and investment timing.

Filed Under: All Articles, China, Chinese Economy, Finance, Know China Tagged With: Chinese Economy, Gan Jie, Industr, Industrial Economy, Investment, Manufacturing

Made in China 2025: A New Era for Chinese Manufacturing

September 2, 2015 By Xin En Lee

As China’s economy matures, the leaders are trying to move manufacturing up the value chain with the Made in China 2025 plan.

Filed Under: All Articles, Best Practice, Chinese Economy, Digital Economy, Innovation, Know China, Manufacturing, Technology Tagged With: Foxconn, Made in China, Manufacturing, Ministry of Industry and Information Technology, PMI, Slider

Key Challenges Ahead for China’s Industrial Economy

August 28, 2015 By CKGSB Knowledge

CKGSB’s Business Sentiment Index shows that China’s industrial economy hasn’t improved over the last quarter. Rather it has contracted slightly.

Filed Under: All Articles, Chinese Economy, Finance, Know China Tagged With: Chinese Economy, Gan Jie, Industr, Investment, Manufacturing

Alan Krueger on Job Growth and US Recovery

June 1, 2015 By Major Tian

Alan Krueger, former Chairman of the White House Council of Economic Advisors, shares his thoughts on the labor market, US economic recovery and the interplay with China.

Filed Under: All Articles, Connections, Economy, Employment, Know China Tagged With: Economic Recovery, Economy, Employment, labor market, Manufacturing, Sino-US, Slider

Made in China 2025: Chinese Manufacturing to Get a Makeover

May 21, 2015 By Li Hui

With the Made in China 2025 plan, the government is trying to give the manufacturing sector a major boost. A look at the sectors that will get a fillip.

Filed Under: All Articles, Infographics, Know China, Manufacturing, Policy and Law Tagged With: Chinese Economy, Exports, Innovation, Lianghui, Made in China, Manufacturing, Slider

Six Buzzwords from the 2015 Lianghui

March 10, 2015 By Li Hui

A quick guide to some of the hottest topics that came up during the 2015 Lianghui, the two annual meetings that set the agenda for the Chinese economy.

Filed Under: All Articles, Chinese Economy, Infographics, Know China, Policy and Law Tagged With: eCommerce, Infographics, Innovation, Internet of Things, Lianghui, Made in China, Manufacturing, Slider, SOEs

China Roundup: Alibaba Invests in Smartphone Brand Meizu

February 12, 2015 By Major Tian

This week, Qualcomm got a rap on its knuckles and a $975 million fine; Alibaba invested in smartphone brand Meizu; and the Chinese imports figure plunged. Bad Data The most recent indicators of the Chinese economy don’t look good. Imports fell sharply by 20% in January from a year earlier, the biggest drop since May […]

Filed Under: All Articles, China Round-up, Chinese Economy, Digital Economy, Finance, Know China, Technology Tagged With: Alibaba, Imports, Legal issues in China, Manufacturing, Meizu, Qualcomm, Slider, Smartphone

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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