IDC: 2015 Chinese Manufacturing Industry Top 10 Predictions — The “New Normal” Calls for Technology Innovation
10 Feb 2015 Beijing, February 10, 2015 – 2014 was tough for Chinese manufacturing companies, with labor shortages, increasing costs, excessive capacity and the slacking global economy holding back growth in all sectors. Global competition is gradually cracking down the “World Factory” position of China. Low-cost manufacturing is shifting from China to other low-cost countries, while …