The foundry and processing industry is full of vitality
Aug 10, 2022| Ground anchor belongs to the casting sector, we have strong strength and policy support on this.
China's processing trade is under the background of economic globalization and international division of labor deepening With the development of economic globalization, the international division of labor from the traditional way of division of labor gradually to intra-industry division of labor between industry transformation From vertical division of labor to the level of division of labor, multinational companies in the global industry chain layout, resulting in the progress of international industry transfer After reform and opening up, the Chinese government has grasped the historical opportunity of international industry transfer, implemented the processing trade policy, and successfully carried out export-oriented foreign direct investment, the capital technology management and other advantages of foreign capital and the cost of Chinese labor land The organic combination of advantages of infrastructure and other aspects makes China rapidly integrate into the global production network and become a low-cost processing and manufacturing base facing the world. Processing trade is the product of the development of international industrial division of labor, and the result of seizing the opportunity to undertake the transfer reflects the characteristics of international industrial level division of labor

