broadsword
Brigadier
Chinese nationalism is breathtaking. It's an honor.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
IoT and AI enabled smart manufacturing...
By Qiu Quanlin in Guangzhou | chinadaily.com.cn | Updated: 2022-03-30 20:34
Midea's industry 4.0 Factory in Hefei, the capital city of Anhui province. [Photo provided to chinadaily.com.cn]
Two more factories of Midea Group Co Ltd, a Chinese home appliances giant, have been included in the Global Lighthouse Network of the World Economic Forum, according to sources with the company on Wednesday.
Along with the two factories in Hefei, capital of Anhui province, and Jingzhou in Hubei province, Midea owns four WEF Lighthouse factories in total, covering smart home appliances such as refrigerators, washing machines and microwave ovens.
The Global Lighthouse Network is a community of production sites and value chains which are leaders in the adoption and integration of cutting-edge technologies of the fourth industrial revolution.
The company's factory in Jingzhou used to produce high-end and middle-end products, but its production process, ranging from scheduling, manufacturing, assembly, quality control and distribution, faced a very big challenge in the past, according to Li Zhen, general manager of Midea's Jingzhou factory.
"It was very inefficient in the traditional manufacturing way, and difficult to meet the needs of our consumers in time," he said.
Through the implementation of digital and intelligent transformation measures, the Jingzhou lighthouse factory adopted flexible automation.
Technologies including the internet of things and artificial intelligence with more than 2,000 digital transformation initiatives have increased labor productivity by 52 percent, and reduced production lead time by 25 percent.
The company's washing machine factory in Hefei has also witnessed a similar revolution. "Digitalization has driven the transformation of our entire business process and increased efficiency," said Zhang Zhimin, general manager of the factory.
Targeting domestic high-end product segments and overseas market expansion, the Hefei factory widely deploys artificial intelligence and loT technologies across end-to-end value chains to form a faster response and more efficient supply chain, resulting in lead time reduction by 56 percent.
The company will continue to increase investment in digitalization, IoT, global breakthroughs and technological leadership and invest in new cutting-edge technologies," said Simon Zhang, chief information officer of Midea.
Midea factories join Global Lighthouse Network
By Qiu Quanlin in Guangzhou | chinadaily.com.cn | Updated: 2022-03-30 20:34
Two more factories of Midea Group Co Ltd, a Chinese home appliances giant, have been included in the Global Lighthouse Network of the World Economic Forum, according to sources with the company on Wednesday.
Along with the two factories in Hefei, capital of Anhui province, and Jingzhou in Hubei province, Midea owns four WEF Lighthouse factories in total, covering smart home appliances such as refrigerators, washing machines and microwave ovens.
The Global Lighthouse Network is a community of production sites and value chains which are leaders in the adoption and integration of cutting-edge technologies of the fourth industrial revolution.
The company's factory in Jingzhou used to produce high-end and middle-end products, but its production process, ranging from scheduling, manufacturing, assembly, quality control and distribution, faced a very big challenge in the past, according to Li Zhen, general manager of Midea's Jingzhou factory.
"It was very inefficient in the traditional manufacturing way, and difficult to meet the needs of our consumers in time," he said.
Through the implementation of digital and intelligent transformation measures, the Jingzhou lighthouse factory adopted flexible automation.
Technologies including the internet of things and artificial intelligence with more than 2,000 digital transformation initiatives have increased labor productivity by 52 percent, and reduced production lead time by 25 percent.
The company's washing machine factory in Hefei has also witnessed a similar revolution. "Digitalization has driven the transformation of our entire business process and increased efficiency," said Zhang Zhimin, general manager of the factory.
Targeting domestic high-end product segments and overseas market expansion, the Hefei factory widely deploys artificial intelligence and loT technologies across end-to-end value chains to form a faster response and more efficient supply chain, resulting in lead time reduction by 56 percent.
The company will continue to increase investment in digitalization, IoT, global breakthroughs and technological leadership and invest in new cutting-edge technologies," said Simon Zhang, chief information officer of Midea.
manqiangrexue
Brigadier
You confuse a crutch with a strength. America's tactics are used because it is not confident in its own ability to grow. Therefore, the only way to expand is to keep more and more dogs and servants, often hanging by the threads of bribery and threat. Never depend on others for what you can do yourself. China, on the other hand, has so much more potential for growth, it's really just starting out. China can afford to spend its days in the gym getting stronger and stronger but America is basically not seeing anymore results (rather sometimes, it's in decline) so instead, it spends its days whipping slaves to help it fight. China is in a far more enviable position as an alliances are, in nature, weak. NATO does not have any coherent or effective response against a single Russia as every nation that comprises it must make sure that its individual needs are met and that is critical to them above group unity. Alliances are just like secrets; one kept by 2 friends is one of steel, by 3 is of iron, by 4 of wood, and by 5 of clay. China's ability to grow with self-dependence is as strong as diamond.
Combined Europe + Japan + Taiwan + South Korea + Canada + Australia + New Zealand + USA have a nominal GDP around 56.5 trillion dollars. China has around 18 trillion. By 2050 China should have two-thirds of their total economic size in nominal and should be equaling them in PPP. There are a few things China should do:
1- It should end its animosity with India. This would something take 1-2 decades but it's doable. India, regardless of its current situation, will be a very important country in the future. The Soviet Union and China almost nuked each other, but current China is a friend of the Soviet Union's successor. I think China can befriend India eventually.
2- It should make its relations better with ASEAN by forming symbiotic relationships. Indonesia and Vietnam are particularly important.
3- The existing relations with other developing countries should become deeper. China's recent moves in the Middle East and Argentina are perfect. If possible symbiotic relations should be formed. I am thinking of a joint defense industry and export substitution projects as good starting points. A lot of these countries are under a lot of technology denials. Them becoming more independent and militarily powerful would break a lot of influence mechanisms of the USA. Domestic weapons, cars, etc... are always good vote collectors in the developing world so I think such relations can be easily established.
4- South Korea and Japan will stay in the other camp but I expect them to become more neutral-like as the US influence in the region decreases. China should avoid needless confrontations too. I'd say its current stance is good.
5- The EU is a losing game. But EU mechanisms can be blocked by befriending 2 countries in the EU. Hungary, Poland, Albania, Ireland have good relations with China. Italy, Spain, Austria and Portugal can be befriended too. Germany and France? Impossible. Forget them.
It's all going to become Russian soon.
Jai Hinds are not that dumb as you think, they already gave a huge middle finger to the West in the current Russia-Ukraine debacle. They will do some chest-beating as usual but won't act as a cannon fodder for the US, lol. The West stealing Russian assets and reserves was a huge wake-up call for many "neutral" countries - Saudi Arabia started talking about diversifying their investments in the US and trading oil in Yuans, all of this is supported by them starting negotiations with Iran and a ceasefire in Yemen; UAE recently hosted Assad; India is moving to shift their trade with Russia from dollars to rupee + ruble; etc.
Sanctions on Russia are already significantly raising inflation in both the US and EU - this is even when the latter is still scared to sanction Russian energy industry, and afaik Japanese investors still did not leave the Sakhalin project. So your "undoubtedly collectively sanction" bs is Sleepy Student-level cope - their collective solidarity vanishes when it comes down to actually taking pain. Trying large scale sanctions on China would collapse their economies because the absolute majority of supply chains rely on China and the so-called "decoupling" was proven to be just usual virtue signalling crap. Just a glimpse of what would happen if they try to blockade China - double-digit inflation even with their fake massaged numbers (the real ones would be triple-digit), mass shortages on a wide range of products, stock and bond market collapse, lots of companies (especially small and middle sized ones) going bankrupt because they lost a huge portion of their revenue from the Chinese market AND lost their manufacturing sites there -> spiking unemployment, the real estate bubble would pop, etc. Japan would feel all of these even more severely because they depend on China for trade.
I am hoping we see capital outflows from the west and dedollarisarion especially after what we just witnessed; wholesale theft of russian money by the US in real time
But a part of me is still worried the world (especially places like Saudi Arabia) might just move on after the US gives a few concessions
But a part of me is still worried the world (especially places like Saudi Arabia) might just move on after the US gives a few concessions
Paywall, can anyone post?