“Design-to-Value” Machine Building ConceptGrowth in local mainstream markets is an important strategic topic for Western visionary machinery companies. Get insights from EAC’s investigation on how foreign players could develop “Fit-to-Mainstream-Segment” machines in China and AsiaGrowth in Chinese MAINSTREAM market has long become a prioritized strategic approach for most Western machinery companies. Leading players believe a “Dual Business Model” can leverage existing strength in premium segment and simultaneously capture new opportunities in the local MAINSTREAM market.Download ArticleLatestMärz 15, 2023Your Partner on the Ground: EAC’s China Interim Management SolutionsFebruar 23, 2023How “Energy Efficiency” Can Help Cut Emissions/Carbon Footprint!Januar 3, 2023India Review 2022 …
China’s 14th Five-Year Plan
China’s 14th Five-Year PlanWhat is the background? China has been using five-year time periods to steer its economy since 1953. In the meantime, the focus of these Five-Year Plans (FYP) has shifted from socialist top-down economic planning to acting more as a “guideline” – setting targets and aligning incentives. A draft version of the 14th plan (2021-25) was released in late 2020 and the final version was passed in March 2021 at the Two Sessions – one of China’s major political meetings. More detailed implementation plans for major sectors, ministries, and regions will follow in the months ahead. In addition, …