Automation · business strategies · china · Global economy · Global trends · Growth & Profitability · Industry 4.0 · manufacturing · New Technology

Replacing 90 percent of humans with robots

A mobile phone manufacturer that already utilizes automated production lines, Changying Precision Technology Company in China. The manufacturing facility employed 650 employees, company has embarked on the "Robot Revolution" and now employs just 60 employees, robots performing the tasks of rest of the human workers. Company states that full implementation will result in the entire operation being supported by no more than 20 employees.

china · economy · European economy · Global economy · Global trends · Life

Luxury spending to rise in 2017

Recovery of tourism in Europe and China's growing domestic demand will continue drive year-over-year growth of the luxury goods. Sales are projected to grow by 3 to 4 percent through 2020 .....

china · Climate change · Life · New Technology · renewable energy · Solar, Wind, Hydro, and more · Sustainable living

World’s largest floating solar power plant

This 40MW plant in Huainan city in Anhui province is the world's largest floating solar power plant. Interestingly the facility is built on a flooded former coal mine.

china · economy · Global economy · Global trends

China’s Economy-Latest update

China's economy posted a strong performance in Q1 helped by retail sales, urban investment, and industrial output. April numbers and predictions for the rest of the year do point to a slow down for the world's second largest economy.