The Financial Times points out that for nearly 10 years, companies such as GE, chemical manufacturer BASF and Honeywell in the US have opened more advanced factories in China, accelerating China's ex

China-US trade war will accelerate China's manufacturing. Over the past 10 years, China's manufacturing sector has increased its share of exports from 12% to 18%, including vehicles and 0 of its components, motors, machinery and other high-tech products that are growing rapidly, with experts pointing out that Chinese companies are abandoning low-end commodities and moving to mid-tier goods upgrades, " America's imposition of tariffs on China will eventually accelerate the escalation.

"The Financial Times, for example, 31 heavy Industries, a mainland equipment manufacturer, said that even under the shadow of a Sino-US trade war, 31 of exports did not show signs of slowing, with exports of $1.2 billion last year and more than 40% per cent of exports, and the group's goal this year was to increase international sales by another 30%.

China's exports of technology products change this year

Forced escalation offset tariff impact

The Financial Times pointed out that a 31 surge in sales also revealed some important indicators of the US-China trade war, as well as U.S.-Chinese competition, as the country's export surge in technology and equipment has made the U.S. government more justified in areas such as artificial intelligence and robotics, or imposed tariffs. However, the greater threat to industry in the United States and other advanced economies is the rapid growth of Chinese exports of medium-technology products, such as vehicles and their parts and components, motors and 31 of such construction machinery.

Chinese companies that produce these products, rather than high-tech products, are rapidly gaining market share.

Unmanned aerial vehicle shooting of Xiong ' an civic service center Bin Xu, a professor at Ceibs, says Chinese companies are moving away from low-end goods to mid-tier commodities, a shift that is fast. "I estimate that the eventual effect of the US tariff will be to accelerate this upgrade. Chinese companies may be forced to upgrade their product lines to offset the negative effects of the tariffs.

"Shared self-driving is coming soon It is noteworthy that, in addition to the acceleration of manufacturing, Chinese companies are also making rapid innovations. The Nikkei News network pointed out that mainland enterprises in the field of practical applications are achieving more results. For example, the field of digital services, in addition to sharing bicycles, there are two-dimensional code-based mobile billing and image recognition technology in the unmanned stores.

In addition, in the near future, the use of self-driving cars for shared services will also be available at the male Ann. Analysis pointed out that these services in the short period of hundreds of millions of people as a unit to attract customers, with this momentum, can successfully expand the various forms of "economic circle" to the neighboring countries.

The same is the technological output of another situation. According to the National Science Foundation, China now dominates the middle-end high-tech industry, with its global market share of nearly twice times the past 10 years, reaching 32% per cent, surpassing the United States at the end of the 2000 decade, and expected to surpass the EU in 2010-2020. And most of this growth comes from Chinese private companies like 31 heavy industries. "As for the upgrade of China's exports, most of them come from multinational companies deepening their supply chain in China."

2016 GoodChinaBrand | ICP: 12011751 | China Exports