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Cao Weijing, a partner at PwC, suggested companies should allocate more resources to product innovation and business expansion via differentiated products. Chinese snack companies that have only half of the product development ratio-R&D funding versus sales revenue－have relatively lower margins, compared to their global peers, she said.
Cars are assembled, not forged in a single place. Modern manufacturing techniques result in automakers having plants in several locations, often in different countries, that specialize in producing pieces of the finished vehicle. For instance, the plant in Dagenham, in East London, makes nothing but diesel engines and parts.
Central SOEs also contributed to local economic growth through the purchase of goods and materials, according to the report. About 29 percent of central SOEs have over 90 percent of their goods and materials purchased in countries in which they have set up overseas operations.
Changba, which literally translates into Singing Bar, provides an online platform for music fans and allows users to share their performances with friends.
Catering service providers are encouraged to diversify and upgrade their menus, innovate online and offline business models, and improve service standards. Market-oriented promotion of high-quality specialty diets will be supported.
来源：资阳报