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China surpassed United State and becomes the Biggest Manufacturing Country

Dreamy F www.china-disposable.com 2016-05-13 16:36:33

According to the report from America website of Wall Street Journal the list which made with the influence of manufacyuring added value to every country showed that China had surpassed America, ranking the first in the list. Nowadays, the industry rate covers GDP of Indonisea about one quater. Part of the reason is that the price of bulk products like coal and palm oil keep falling, which then results in the reduction of contribution rate. This also drags behind the economic rising rate to 4.7%, the lowest in 6 years. As the data from sales department, the contribution rate of manufacturing industry to the domestic GDP is 18%. The president of Indonesia, Joko Widodo is always seeking methods to improve producing rate and introduce financial policy to advance the domestic development of industry. The manager of Asian developing bank in Indonesia, Steven Tabe said  that Indonesia is expanding the infrastructure construction and carrying on to relax the control methods. With the relaxing of retriction and improving of quality of labor team, Indonesia is likely to advance the processing industry of abundant otigin materials and participate more in the global value line of manufacturing industry.

China's becoming the leader of manufacturing industry because of the numerous labor index and importer of foreign trade. Indonesia, the developing country, develops greatly the manufacturing industry and industry will be the next economic developing trend.

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