Manufacturing

This photo taken on 13 April 2022 shows a worker producing industrial robots at a factory in Wuhan, Hubei province, China. (AFP)

Why China has too many graduates and not enough skilled workers

Despite a record number of graduates entering the job market this year, China is seeing a shortage of skilled tradesmen, especially for the manufacturing industry. Chinese economics professor Li Jingkui believes that the main reason for the talent demand gap is China’s education system, which is driven by remnants of the backward ideology of the ancient feudal society.
Workers in protective suits disinfect an old residential area under lockdown amid the Covid-19 pandemic, in Shanghai, China, 15 April 2022. (Aly Song/Reuters)

Shanghai's Covid shutdown is disrupting domestic and global supply chains

As Shanghai battles with its worst Covid-19 outbreak, stringent anti-epidemic measures confining almost everyone at home have ground the city to a halt. It is believed that if Shanghai is not able to resume production by May, industries with supply chains in the area will not be able to function, and the automotive industry will be hit the hardest.
Performers during the closing ceremony of the 2022 Beijing Olympics, National Stadium, Beijing, China, 20 February 2022. (Fabrizio Bensch/Reuters)

Why China is the biggest winner of the 2022 Winter Olympics

Zaobao correspondent Yu Zeyuan feels that the Beijing Winter Olympics has turned out much better than what was initially expected. Despite diplomatic boycotts by some Western countries and political bickering about China's human rights issues, the Chinese are more than pleased with the event. Not only did China give its best-ever showing at a Winter Olympics, it also pulled off a decent event despite the pandemic, and has generated great interest in winter sports among the Chinese public.
This photo taken on 15 November 2021 shows solar panels on hillsides at Xuanhua in Zhangjiakou, Hebei province, China. (Greg Baker/AFP)

Why China’s once red-hot solar sector is cooling

Over the past year, capital from industries such as liquor, finance, real estate and the internet has been pouring into the new energy sector, driving up the valuations of solar energy stocks in China. However, the industry looks set to come back down to earth. Why is this so?
People check a display near a Huawei logo during a media day for the Auto Shanghai show in Shanghai, China, 19 April 2021. (Aly Song/Reuters)

Huawei: China's Tesla challenger in the making?

Huawei has long denied that it will enter the auto manufacturing industry. Instead, the company has emphasised its partnership with automakers to build autonomous driving technology. However, since the launch of a luxury electric SUV, the M5, the market has begun speculating whether Huawei’s stance on the auto business has changed.
People wearing protective masks visit a main shopping area in Shanghai, China, 21 January 2022. (Aly Song/Reuters)

China becoming the biggest economy in ten years is not a given 

Analysts predict that China will overtake the US as the world’s leading economy in the next decade, but external military conflicts and internal struggles could thwart the Asian giant's ambitions. Political commentator Zhou Nongjian has the details.
Pedestrians cross a busy intersection in Causeway Bay in Hong Kong on 4 January 2022. (Peter Parks/AFP)

China's grand plans to further integrate Hong Kong and Macau. Will they work?

The Hengqin Plan and Qianhai Plan released by the Chinese central government aim to deepen economic cooperation and promote cross-border integration within the Guangdong-Hong Kong-Macau Greater Bay Area (GBA). The Plans will involve greater integration of Hong Kong and Macau with the mainland. While Macau has always embraced this trajectory and the Hengqin Plan could bring greater dynamism to the SAR, Hong Kong’s fears of “mainlandisation” and the territorial instincts of mainland cities may present some obstacles to the Qianhai Plan. EAI academic Yu Hong tells us more.
Visitors look at a display of a semiconductor device at Semicon China, a trade fair for semiconductor technology, in Shanghai, China, 17 March 2021. (Aly Song/Reuters)

Chinese tech companies in chipmaking race to be self-reliant

The global chip shortage throughout 2021 prompted many tech companies to rely more on themselves. Coupled with the rise of artificial intelligence, demand for high-capacity chips has increased with tech companies and device makers racing to deliver smarter services and products. But the global semiconductor industry is also getting increasingly crowded, as more and more newcomers seek to gain a foothold in advanced chips to power new technologies.
People walk along a street in Beijing, China, on 12 October 2021. (Noel Celis/AFP)

Is a zero-Covid policy adversely affecting China’s economic recovery?

In the face of some turbulence in China’s economic indicators lately, academic Xu Le looks at certain bright spots amid falling aggregate demand and aggregate supply for a realistic gauge of China’s economic prospects in the coming months.