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Attracted by China's demand to improve production efficiency and for global goods, European companies such as France's Schneider Electric SA, Geneva-headquartered Nestle SA and Germany's Siemens AG have all announced new companies, research centers and labs in China.
Average Venezuelans are struggling to make ends meet amid runaway inflation, finding it hard to get basic goods and medicines, thanks to scarcity, hoarding of primary materials and rising crime.
Automation has enhanced manufacturing efficiency in the automobile industry, but most machinery and processes used have not kept pace with the evolution of technologies like 3-D printing, artificial intelligence, big data, which are driving the shift toward unmanned vehicles, said Cao Yuteng, chief operating officer of Pix.
Au of BNP Paribas Securities said: "WFOEs wanting to establish PFMfirms are going to be patient and they know it is a long-term effort. International players who wish to establish PFM firms (in China) hope to see more tools to hedge risks like currency volatility. Companies that have not operated in China through JVs or representative offices may need more assistance to adapt to the market and get familiar with regulations, compliance and administration procedures."
来源：资阳报