2017 Global Manufacturing Top 500 released

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Abstract In the digital economy era, manufacturing seems to have been ignored. In fact, manufacturing is the most critical part of any modern economy. On August 22nd, the 2017 (first) Global Manufacturing Top 500 list compiled by the Global Manufacturers Group is in Beijing...
In the digital economy era, manufacturing seems to have been ignored. In fact, manufacturing is the most critical part of any modern economy.
On August 22nd, the 2017 (first) Global Manufacturing Top 500 list, which was exclusively compiled by the Global Manufacturers Group, was unveiled at the “Global Manufacturers Summit” held in Beijing. Sinopec ranked first with revenue of 1,930.9 billion yuan, and Toyota Motor Corporation and Shell Oil Company ranked second and third with 1,732.6 billion yuan and 1,653.8 billion yuan respectively. Although Apple ranked 8th in revenues at only 1.4973 billion yuan, its net profit of 314.7 billion yuan is far ahead of the other 9 companies. There are 57 companies selected in mainland China, among which the top ten companies in the list are Sinopec, PetroChina and SAIC.
In 2017, the “Global Manufacturing 500” was distributed among 15 manufacturing sub-sectors. The mechanical manufacturing industry ranked first among 76 companies; 72 in the petroleum processing industry and computer, communications and electronic equipment manufacturing industries. It is second in the market; the automobile and parts, metal manufacturing and food and beverage manufacturing industries are the second camp of the industry, with 62, 46 and 41 companies respectively selected. There are fewer companies on the list of textile, tobacco, paper and other sub-sectors.
In terms of the country distribution of the number of enterprises, the United States occupies 133 of the top 500, ranking first in the world with the world's top laboratories and absolute technological advantages; Japan ranks second with 85 companies, and the number of patent applications Japan ranks second in the world after the United States, which also reflects Japan’s ability to innovate and its ability to research. China, Germany, France and the United Kingdom are the second camps of manufacturing powers, with 76, 26, 25 and 23 companies selected respectively.
In addition, at the global manufacturer summit, 2017 (the fifteenth) "Global Machinery 500" and "China Machinery Top 500" were released in the same period. Sun Bohuai, chairman of China Machinery Industry Enterprise Management Association, released a report. This year, a total of 89 mechanical enterprises in mainland China were selected as "Global Machinery Top 500". The top three are SAIC, Dongfeng Motor and FAW, ranking third, 19 and 20 respectively, but most of them are selected. They are all ranked after 200. From the total number of companies selected, the United States still holds the top position with 140 companies, 105 in Japan, second in China, 99 in China, and fourth to sixth in Germany, France and Switzerland. .
Dr. Shi Yongjiang, research director of the International Manufacturing Center of Cambridge University, believes that in the past 40 years, global manufacturing has nurtured and strengthened China's manufacturing industry; at present, China's manufacturing industry is prospering and expanding global manufacturing. The core of China's manufacturing advantage lies in an “effective business ecosystem” that actively and effectively mobilizes social resources, rapidly forms a more efficient industrial system, and provides competitive products and services to society. However, Shi Yongjiang also said that this does not mean that China's industrial ecosystem has no new challenges. The subversive difficulties are mainly due to the “external” effect of manufacturing systems, especially the protection of the natural environment.
Professor Jiang Xuping from the Department of Marketing, School of Economics and Management, Tsinghua University believes that the shortcomings made in China, in addition to technological innovation and brand marketing. Marketing is the core of business activities, and understanding the market, needs and customers is a prerequisite for good marketing. Contemporary big data analytics is an important tool to help companies understand demand and market trends. Through big data analysis, companies can better capture the laws of market development, depict customer data images, portray the relationship maps formed by demand, help companies produce more marketable products, and develop precise marketing to create a century of Chinese nation. Brand.
Ding Haisen, CEO of the Global Manufacturers Group, believes that in addition to German manufacturing and Japanese manufacturing, the most important thing for Chinese manufacturing to learn is American manufacturing. The “recession” of American manufacturing is an illusion, and its output and efficiency continue to grow. Even after 2000, the growth rate of the US manufacturing industry is still higher than that of the traditional manufacturing powers Japan and Germany. More importantly, American manufacturing is at the top of the high value-added industrial chain. In China, which was considered to be a low manufacturing cost, the competitive advantage has weakened significantly from 2004 to 2016. China’s manufacturing cost advantage has fallen from 14% to 4% compared to the US. The soaring labor and energy costs have weakened China’s manufacturing. Competitiveness.

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