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China s Jiangsu builds more NEV chargers in rural areas

Industrial output likely to see uptick in 2021

Industrial output likely to see uptick in 2021 By MA SI | China Daily | Updated: 2021-01-19 09:26 Share CLOSE An employee makes a cylinder for a steam turbine at a heavy machinery production facility in Huzhou, Zhejiang province, on Jan 2. [Photo by Yao Haixiang/For China Daily] China s industrial output grew by 2.8 percent on a yearly basis in 2020, on the back of a strong performance in the high-tech and equipment manufacturing sectors, the National Bureau of Statistics said on Monday. The upward trend is expected to continue this year, as the efforts to maintain the stability of industrial chains generate a more positive effect, and more measures are taken to help export-oriented manufacturers, experts said.

China s car-chip shortage could persist for as long as a decade

(Jan 19): China’s automotive-chip shortage could persist for as long as a decade, but it has little to do with the current supply glitches snarling production, according to the official who oversees the nation’s key new energy vehicle technology development platform. Short-term factors like mistakes in ordering due to incorrect forecasts and factory disruptions because of Covid-19 will resolve naturally, Yuan Chengyin, general manager of the National New Energy Vehicle Technology Innovation Center, said. Rather, China’s rising demand for electric cars, its lack of domestic technical knowhow and sustained geopolitical tensions will emerge as much more serious issues.

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