NEW YORK -- China's manufacturing industry has the superiority of infrastructure and technological knowledge, which is attractive to global investors, a veteran of the toy industry has said.'China over the last 20 years built very strong infrastructure. I cannot see any country around the world who can match up with that. Especially when you talk about the toy industry. Whatever spare part I need for my products, I find a supplier (there),' said Peter Handstein, founder and CEO of Hape Group, told Xinhua at the 2020 North American International Toy Fair in New York City.Hape is one...
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2020
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State Power Investment Corp, the world's largest investor in solar power generating plants, has put its first project in the Lunar New Year into operation, in a bid to resume work and guarantee energy supplies during the epidemic prevention and control period.On Tuesday morning Unit 1 of the 2×200 Megawatt Natural Gas Cogeneration Power Project on Lisha Island in Dongguan, South China's Guangdong province, passed its full load pilot run, and officially entered commercial operations.The company said that as an important energy supply node for the geometric center of the Pearl River...
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2020
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BEIJING - Revenue growth of China's machinery industry weakened last year, weighed down by the sluggish auto sector, according to a report from the China Machinery Industry Federation.Revenues totaled 21.76 trillion yuan ($3.11 trillion) in 2019, up 2.46 percent year-on-year. The growth rate was 1.39 percentage points lower than the national industrial average.The machinery industry's value-added output, an important economic indicator, stood at 5.1 percent, compared with the national average of 5.7 percent.The machinery industry became much divided last year, as the auto sector was a ...
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2020
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