As China’s economy matures, the leaders are trying to move manufacturing up the value chain with the Made in China 2025 plan.
China Revs up for The Internet of Things
The dawn of the Internet of Things (IOT) era may finally be upon us. For almost a decade, the concept has been hailed as the next game changing technological innovation, and while the principles behind this idea have always been sound, it has so far yet to manifest as a commercial reality. The concept remains widely […]
Tackling Excess Capacity in Industry: The Race Not Yet Run
Should the government take on the task of reducing excess capacity in an industry or is that best left to market forces? Imagine you have to form a track team but you are not allowed to run any races to judge the speed of the prospective team members. China’s Ministry of Industry and Information Technology […]
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