In 2015, the global market size of service robots reported USD8.49 billion, surging by 42.2% on a year-on-year basis, and it is expected during 2016-2020 to show an annual average growth rate of 16.5%, which will be mainly driven by: (1) ...
Tags: service robots, report
The supply-side structural reform to improve all-factor productivity will help China gather future growth steam, according to the country's finance minister. Despite heavy downward economic pressure, the Chinese economy is still resilient ...
Tags: Structural Reform, capital inputs
Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...
During the visit to Russia with Vice Premier Zhang Gaoli and on the sidelines of the St.Petersburg International Economic Forum, entrusted by Vice Premier Zhang Gaoli, the China International Trade Representative and Vice Minister of ...
Tags: trade, investment, hi-tech, energy, infrastructure
Despite a disappointing start to 2015 with -0.2 GDP change in the first quarter, economic analysts are confident that America's GDP growth will hover just over 3 per cent for the rest of the year, says the Confederation of British Industry ...
Tags: US Economy, GDP growth
Swedish automaker Volvo Cars has chosen South Carolina for its first American plant that would be built at an investment of $500m with an initial annual installed capacity of 100,000 vehicles. Banking on the US' potential for housing ...
Tags: Volvo, automaker, Volvo Cars
Diamond manufacturers are entering an era of fierce competition as the looming decline in rough diamond supply is expected to place additional pressure on their already razor-thin profit margins. Manufacturer always operates with a ...
Akebono Brake Corp. says it will continue to manufacture its entire ultra-premium ceramic disc brake pad line in the U.S., a strategy which provides exclusive control of its production processes. The company says making its ceramic brake ...
Tags: disc brake, Auto Parts
Taiwan had 464,000 jobless citizens in July 2014, equivalent to an unemployment rate of 4.02% which rose by 0.10 ppt on month but dropped by 0.23ppt on year, according to the Directorate-General of Budget, Accounting and Statistics (DGBAS). ...
National Retail Federation President and CEO Matthew Shay and NRF Chief Economist Jack Kleinhenz issued a response to the organization's February jobs report. "While there are signs of modest momentum in the economy, now is not the time ...
Tags: Sporting Goods, Recreation, Retail Industry
The National Retail Federation (NRF) calculated that retail employment was down 21,600 jobs in January 2014, yet up 230,000 jobs year-over-year. December retail employment figures were revised up to a gain of 57,000 jobs. The Bureau of ...
Despite the transformative impact that shale gas has had on the outlook of US energy markets, the European landscape regarding shale gas is very mixed and markets should exercise caution as multiple issues may slow progress, according to a ...
Metals are utilized to manufacture a range of commodities. It is highly valuable for its versatile use. So, it is very important to conserve this precious resource of earth as much as possible to maintain sustainable development of ...
Virginia Gov. Bob McConnell's office has announced that a Chinese furniture manufacturer is investing $2.1 million in a new subsidiary here that will create 125 jobs. Lioyang Ningfeng Woodenware Co. Ltd. is establishing a subsidiary ...
Tags: Furniture, Furnishing
Pig farmer replays Deliverance with repo men The aging U.S. farmer crisis is overstated and doesn't match the numbers. Sure, farmers are getting older, but so is the rest of the American workforce. As little as 0.5 percent of farmers are ...
Tags: Agriculture, Food