Tag: China
Global manufacturing PMI remains in contraction in September— JP Morgan
The JP Morgan Global Manufacturing Purchasing Managers’ Index (PMI) remained in the contraction territory at the end of the year’s third quarter, posting a 49.1 rating in September up from August’s 49.0.
China’s manufacturing sector sees slight improvement in September
The Caixin China General Manufacturing PMI has slipped from 51.0 in August to 50.6 at the end of the third quarter, suggesting a marginal improvement and marking the second consecutive month of enhanced sector health.
Vmoto invests $14m in new facilities to increase manufacturing capacity
Electric two-wheel vehicle manufacturer Vmoto has inked a construction agreement worth $14 million to build new state-of-the-art manufacturing facilities on the recently acquired industrial land in the Lishui Economic Development Zone in Nanjing, China.
ATGE: The Nexus of Innovation and Collaboration in Hardware Tools and Abrasives for China...
In an era where globalization is an established reality rather than just a buzzword, the Australian Hardware Tools and Grinding Expo (ATGE) emerges as a beacon for the manufacturing sectors of both China and Australia.
Global manufacturing PMI reports slower contraction in August
The global manufacturing sector remained in contraction in August, albeit at a slower pace, as rates of contraction ease for output and new orders, according to J.P. Morgan.
China’s manufacturing PMI inches higher in August to 51.0
The Caixin China General Manufacturing PMI has increased from 49.2 in July to 51.0 in August, beyond the neutral 50.0 level, indicating a further improvement in the sector's health, which had improved in three of the previous four months.
BYD celebrates five million new energy vehicles produced
BYD, one of the largest plug-in electric vehicle manufacturers, has rolled off its five millionth new energy vehicle (NEV), making it the first automaker in the world to achieve this milestone.
Global Manufacturing PMI faces further downturn amid slowdown in new orders – JP Morgan
The global manufacturing sector has remained in recession as July saw output fall even more amid the drop in new order intakes, which continued for the thirteenth month in a row, according to the latest Purchasing Manager’s Index (PMI) report from JP Morgan.
Bosch begins mass production of its fuel-cell power module
Bosch, a global technology and service provider, is ushering in the hydrogen era of mobility by ramping up commercial manufacturing of its fuel-cell power module at its Stuttgart-Feuerbach facility.
New research says growing demand for innovative foods in Asia opens up export opportunities
A recent study by independent alternative proteins think tank, Food Frontier, has found that a burgeoning market for alternative proteins in Asia presents an opportunity for Australian and New Zealand manufacturers.
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Beyond insights: CRM’s transformative role in sustainable manufacturing
Manufacturing companies worldwide are increasingly gearing up for a significant transformation with environmental sustainability at the centre. This comes amid stronger environmental regulations, a shift in consumer behaviour, and the industrial sector delves deeper into Industry 4.0.
