www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / China US trade tensions

Tariffs not impacting on US demand

By Cheng Yu | chinadaily.com.cn | Updated: 2018-08-23 19:46
Share
Share - WeChat

It was an unusual email, in which Chinese casting company Anhui Yingliu Electromechanical Co Ltd asked its US clients whether they would agree to bear the additional costs brought by the ongoing China-US trade tension.

The replies were surprisingly consistent. All the US buyers were willing to undertake these fees as they found that products from this Chinese company still had an edge even with extra tariffs.

The company, based in Liu'an, Anhui province, said that the result was "as expected". Its decades of work on casting products, which are essential components in machine manufacturing, have made it confident in bargaining with US counterparts, it noted.

Similar stories can be seen from a large number of Chinese companies who are moving to become high-end manufacturers on the international stage. Their transformation came with the upgrading of the country's manufacturing sector as well as the nation's deep integration with the global value chain.

In early July, the White House imposed 25 percent tariffs on $34 billion of Chinese products, with casting products on the list.

"We are not panicking (about the trade tension). We know clearly that when US counterparts choose suppliers, quality and delivery time always come first, and the price comes after," said Ding Bangman, deputy technology head at Yingliu.

With years of experience, the Chinese company has already gained a competitive edge in manufacturing high-precision steel components. Its products have been sold to more than 60 well-known companies in 28 countries and regions including the United States.

Company representatives recently visited European enterprises to explore markets outside of the US, and it is planning to launch its engines and gas turbine blades to the international market.

"We do what the market needs. We went to Europe as European companies all showed a desire for cooperation," said Du Yingliu, the company's founder and president.

Du noted that some component suppliers including blade suppliers have a dominant role in setting prices and standards, which led to dissatisfaction among major engine manufacturers including General Electric and British jet engine maker Rolls-Royce.

"Thus, when we (Chinese enterprises) can make these components, foreign players are willing to cooperate as we are good at reducing costs," he said.

Xu Lin, former director of the development planning division at the National Development and Reform Commission, said: "The authorities will point out some key areas to develop in some guidelines, but they are guidelines only. Companies make their decisions according to market demand and technology trends and will not get preferential treatment."

Xu added that related policies in China's manufacturing sector would be more mature in the future and shouldn't become the reason for current trade tensions.

As Chinese companies transform to become high-end manufacturers, they are also promoting foreign counterparts to be more globalized.

An increasing number of foreign companies like Cerevast, a biotechnology startup assisting with neurological disorders, found that only in China could they get more strategic support to achieve mass production of their products.

The company, headquartered in Washington, has drawn Chinese venture capital Haiyin Capital in its series C round of financing, which is of great help to tackle its mass production problem as well as to tap into the Chinese market.

Wang Yuquan, founder of Haiyin Capital, recalled that it was factories in Shenzhen, a cluster of world-leading manufacturing industries located in southern China, that were confident of reducing the company's costs in mass production in a short time.

"People from both two countries will enjoy benefits brought by products as early as these cutting-edge products are launched onto the market. I believe that no wise government would be against such cooperation," added he.

In terms of future plans, Du from Yingliu said that the company is also building a professional college to nurture more technical experts and management staff to support its growing business.

"At least in the high-end casting segment, the US cannot rely on imposing tariffs to rejuvenate the sector since it lacks a large number of such employees," said Du.

"We are willing to bring our factories and even the whole professional training systems to the US to help local workers and create jobs," he added.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 久久免费福利 | 特黄特色三级在线观看 | 国产精品区在线12p 国产精品人成 | 国产亚洲欧美日韩国产片 | 永久网站色视频在线观看免费 | 久久精品最新免费国产成人 | 色香欲综合成人免费视频 | 国产真实孩交 | 午夜啪啪福利视频 | 免费韩国美女爽快一级毛片 | 男女视频在线观看 | 亚洲日韩视频 | 亚洲精品99久久一区二区三区 | 中文字幕人成乱码在线观看 | 国内精品线在线观看 | www.欧美成人 | 一本三道a无线码一区v小说 | 欧美一级特黄特色大片 | 91精品国产综合久久青草 | 国产人做人爱视频精品 | 日本一级在线播放线观看免 | 色老头久久网 | 欧美激情第一欧美在线 | 久久精品在 | 国产99久久 | 91人碰 | 国产精品久久久久免费视频 | 古代级a毛片在线 | 久久国内免费视频 | 久草三级 | 香蕉超级碰碰碰97视频蜜芽 | 欧美一级毛片欧美大尺度一级毛片 | 午夜宅宅宅影院在线观看 | 看a网站| 欧美国产高清 | 国产步兵社区视频在线观看 | 免费一级a毛片免费观看欧美大片 | 草草影院ccyy | 全国男人的天堂网 | 网站国产| 亚洲 欧美 成人日韩 |