Germany, UK & China set new records in the use of renewable energy.
China is rapidly urbanizing. More than half of China's population now lives in cities, and over 100 Chinese cities have over 1 million people each.
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.
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 .....
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'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.
For 2017 #US economy continues to be the largest however #China and #India are predicted to close the gap and surpass it by 2050 .......