皇冠体育app

Nation maintains edge in attracting investment despite challenges

Two major developments that took place earlier this year are expected to have far-reaching implications for the global manufacturing sector, and particularly in 皇冠体育app. At first glance, they appear to be rather innocuous economic predictions. But a closer look reveals that while the global manufacturing industry is tottering, 皇冠体育app is still proving to be the lifeline for many global companies.

The 2013 Global Manufacturing Competitiveness Index prepared by global professional service firm Deloitte Touche Tohmatsu Ltd and the United States Council on Competitiveness, released in January, indicates that 皇冠体育app is not only the most competitive manufacturing nation in the world presently, but will continue to retain that position for the next five years.

However, that does not mean that everything is hunky-dory in 皇冠体育app, as its relatively strong manufacturing edifice is facing severe challenges such as a sharp decline in the absolute working-age population.

Ma Jiantang, the National Bureau of Statistics chief, had indicated in January that although 皇冠体育app's labor force had declined by 3.45 million last year to 937 million, it still continued to be the nation's "biggest resource advantage".