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Manufacturing in sentence

1925 examples of Manufacturing in a sentence

These structural adjustments are aimed at reducing China’s dependence on heavy industry and manufacturing exports while fostering domestic consumption, promoting higher-tech activities, and strengthening the services sector.
The indirect effect, which might be substantial, is that cost-competitive light manufacturing in emerging markets increases.
Moreover, the manufacturing sector had become too dependent on US-driven export demand, and the population had become too dependent on remittances from emigrants working in the US.
Moreover, off-balance-sheet lending has helped to fuel over-investment in some sectors (especially infrastructure, iron and steel, energy, manufacturing, and real estate), leading to overcapacity and priming the economy for the emergence of bad-debt “disaster zones,” which would increase NPL ratios further.
In the generation after World War II, you could secure a blue-collar unionized manufacturing job or climb to the top of a white collar bureaucracy that offered job security, relatively high salaries, and long, stable career ladders.
Even in the first post-WWII generation, only a minority of Americans – a largely white, male minority – found well-paying stable jobs at large, unionized, capital-intensive manufacturing companies like GM, GE, or AT&T.
To get there, China must go through a transformative rebalancing, from manufacturing to services, from export dependence to domestic consumption, from state-owned to private, and from rural to urban.
Just as individual innovators must challenge conventional wisdom, companies must replace the established approach to the innovation supply chain with one that more closely resembles how they create and maintain a manufacturing supply chain.
And, as with effective manufacturing supply chains, the supplier and the purchaser must build a reciprocal relationship, in which they do not compete with each other, practically or economically, in the specific activities that they are performing.
For starters, a phenomenon known as premature deindustrialization is taking hold, with manufacturing growth in developing countries peaking at much lower levels of income than in the past.
For example, as China moves from low-cost manufacturing to knowledge-intensive manufacturing, it will create space for low-income countries like Bangladesh and Vietnam to expand their manufacturing sectors, such as in textiles.
China’s services sector requires about 35% more jobs per unit of GDP than do manufacturing and construction – the primary drivers of the old model.
As Chinese manufacturing moved up the value chain, firms increasingly replaced workers with machines embodying the latest technologies.
The old manufacturing model, which fueled an unprecedented 20-fold increase in per capita income relative to the early 1990’s, also sowed the seeds of excessive resource consumption and environmental degradation.
Compared to manufacturing, they have much smaller resource and carbon footprints.
The latest data hint at such a possibility, with the tertiary sector (services) expanding at an 8.3% annual rate in the first quarter of this year – the third consecutive quarter of acceleration and a half-percentage point faster than the 7.8% first-quarter gain recorded by the secondary sector (manufacturing and construction).
This will be particularly costly and disruptive for manufacturers with complex, just-in-time supply chains: cars that are “made in Britain” actually include many components that cross borders repeatedly during the manufacturing process.
Encouraging new investments in low-pollution, energy- and resource-efficient industries would lead to greener development, spur investments in related upstream and downstream manufacturing and services, and build an international competitive advantage in a global sunrise industry.
The country’s rapid progress is attributed to strong manufacturing exports, carried out by firms that were able to compete in global markets only with the help of government incentives.
Park’s father, who led South Korea from 1961 until his assassination in 1979, worked closely with the chaebols, helping them first to build comparative advantages in labor-intensive manufacturing and then to progress to more capital-intensive industries, including automobiles, shipbuilding, and chemicals.
And labor productivity in the services sector is 45% that of the manufacturing sector – just half the OECD average.
The AfDB’s Trade Finance Program, established in February 2013, has so far supported more than 85 domestic banks in 27 African countries, catalyzing approximately $3.4 billion in trade in vital sectors such as agriculture, manufacturing and construction, and energy.
Mexico’s competition in the US market from China has increased particularly in light manufacturing – mostly clothing and electronics.
During the last five years, dozens of solar manufacturing companies have failed, only to be replaced by stronger, more innovative, and more efficient players.
Increasingly, the industry is implementing approaches that have ensured success in other sectors, such as reducing procurement costs and deploying lean principles in manufacturing.
On the positive side, it is likely to produce the political cohesion needed to implement structural reforms that shift the economy away from trade and manufacturing and toward domestic consumption.
Consider the case of shoe manufacturing in a developing country.
More recently, Canada beat the US in a bid for a new Toyota plant, in part because private health-insurance costs in the US add several thousand dollars to the cost of manufacturing a car there.
The service sector makes up 79% of Britain’s GDP, and accounts for some 80% of employment in the UK economy, compared to just 10% for manufacturing.
Most of China 460,000 foreign-owned enterprises are concentrated in manufacturing and assembling, increasing the import-intensiveness of exports and de-linking the external-trade sector from domestic industries.
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