China manufacturing

This study provides unique insight into the new state of 21st century manufacturing. Today, manufacturing spans ideas, products, and services—well beyond the sole production of goods, as in the 20th century. This post-industrial manufacturing ecosystem represents a complex and highly integrated globalized value web.

Cost management in a new era of steel integration

Deloitte's Manufacturing industry releases a new report that says rising raw material prices and a greater desire by some steel producers for self-sufficiency will likely drive more upstream moves.

This report presents an overview for those contemplating investment in Changzhou in Jiangsu Province. The city is located in the heart of the Yangtze River Delta (YRD), the region with the fastest economic growth rate and largest GDP in China.

According to a recent report published by Li & Fung Research Centre on China Manufacturing, China’s manufacturing PMI fell markedly to 52.0 in February, the lowest in twelve months. This was the second consecutive monthly decline – the headline PMI had trended upward throughout 2H09 and peaked at 56.6 in Dec 2009, before moderating to 55.8 in Jan 2010.

In less than a generation, China evolved from a scrappy developing nation into the world’s factory. Adding manufacturing in China, a strategy once reserved for the largest global players, has become the norm.

According to a recent report published by Li & Fung Research Centre on China Manufacturing, the December PMI (Purchasing Managers' Index) improved to 56.6%, up from 55.2% in the previous month. The index has stayed in the expansionary zone of higher than 50% for ten consecutive months, indicating that the manufacturing sector in China has maintained strong momentum.

Over the past 30 years, most economists have come to believe that advanced economies are less likely to be driven by strong, lone companies than by complex ecosystems, or clusters, centered in a particular industrial sector. The evidence shows that outsized economic growth often requires an outsized pool of talent and specialized capital in a single geographical region.