“Design-to-Value” Machine Building Concept

“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 ArticleLatestOktober 31, 2022Localization of Global ESG Strategy in ChinaSeptember 29, 2022Business Transformation StrategyAugust 30, 2022“Design-to-Value” Machine Building ConceptAugust 30, 2022Service Excellence of Industrial Companies in …

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, …