Due to its abundant cheap labor power source, gigantic market demands and relatively complete industry chain, China has become the manufacturing center of the world, providing various kinds of products for the global market
The raise of the manufacturing ability makes China's demands for various mechanical equipments maintain a rapid increase Apart from that foreign advanced production equipments are introduced in large numbers, Chinese domestic machinery manufacturing has made great progress
The foreign machinery manufacturers has shifted their factories to China one after another, or builds new factories in China, to meet the demand of China's manufacturing industry for advanced equipments
Chinese domestic brands also have great development, with both the technology and the output increasing greatly The output of textile machinery, plastic machinery, rubber machinery, elevator, and hoisting machinery all rank first in the world
With the fast development of OEM industry, the market and the policy environments are also under continuous adjus ...Read the full article