Top 10 largest new international plants in China
Updated: 2015-03-13 07:03
By Hao Yan(chinadaily.com.cn)
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Microsoft Corp's China company started in December last year disassembling its mobile phone facilities in Dongguan, Guangdong province, and hope to move the productivity to Hanoi plant in Vietnam by the first quarter.
Bloomberg economists Tom Orlik and Fielding Chen wrote in a report that Chinese working-age population is shrinking, and a larger role for the job-intensive services sector means high employment can be secured at lower growth rates.
However more international giants expand their production base in the country last year:
10
Honeywell Turbo Technologies's $10 million Wuhan plant
Honeywell Turbo Technologies celebrates the grand opening of its new turbocharger plant in Wuhan, Sept 3, 2014. [Provided to chinadaily.com.cn] |
Honeywell Turbo Technologies opened a new turbocharger plant in Wuhan in September. $10 million will be put into the new plant in 2015. Another two assembling lines and one machining line can be added on demand next year.
The new manufacturing facility will triple Honeywell's turbo production capacity in China, where turbo adoption in new vehicles is expected to increase significantly from today's turbo penetration rate of 23 percent.
- Honeywell celebrates new turbo plant in China
- Kemira sets up new plant in China
- Coca-Cola invests $ 100m in green plant in Heilongjiang
- Austrian steel company voestalpine to build new plant in China
- VW unveils advanced gearbox plant in Tianjin
- New GAC Fiat plant to double production and build Jeeps
- Hyundai Motor eyes expansion with new China plant
- GM to battle VW in China with $12b investment
- VW, SAIC, FAW to make China auto sector's largest investment
- Sino-French auto venture breaks ground on new plant
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- Indian Prime Minister arrives in Sri Lanka on state visit
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