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China's machinery manufacturing industry can provide complete sets of large advanced equipment, including large gas turbines, large pump storage groups, and nuclear power sets, ultra-high voltage direct-current transmission and transformer equipment, complete sets of large metallurgical, fertilizer and petro-chemical equipment, urban light rail transport equipment, and new papermaking and ...
China's manufacturing sector developed according to the principle of "walking on two legs," a policy of self-reliance introduced in the 1950s. In the 1980s one leg consisted of the state-funded and state-controlled large and medium-sized plants with the most qualified personnel and the most advanced equipment.
China faces a problem with air quality as a consequence of industrialization. China ranks as the second largest consumer of oil in the world, and "China is the world's top coal producer, consumer, and importer, and accounts for almost half of global coal consumption.”, [55] as such their CO 2 emissions reflect the usage and production of ...
Trump has pledged to impose 10% tariffs on Chinese goods, raising trade risks for China, the world's largest exporter of goods. China is already grappling with a lagging economy, weighed down by ...
China’s manufacturing and services sectors unexpectedly contract in October. October 31, 2022 at 6:25 AM ...
A closely watched survey on manufacturing in China has edged into positive territory after months of contraction, the government statistics agency said Thursday. The Purchasing Managers’ Index ...
China operates the world's longest and most extensive high speed rail network, which spans 45,000 kilometers. [44] China is the world's largest manufacturing industrial economy and exporter of goods. China is widely regarded as the "powerhouse of manufacturing", "the factory of the world" and the world's "manufacturing superpower". [45]
China vowed on Tuesday to build up industries it sees as crucial to future competitiveness, ranging from artificial intelligence to space, while offering to free up access to manufacturing and ...