日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Detroit: Gold mine for China

By Michael Barris | China Daily | Updated: 2013-07-30 08:11

Detroit: Gold mine for China

Detroit: Gold mine for China
Workers prepare engine cylinder liners for packaging at the US distribution arm of ZYNP China Manufacturing, in Romulus, Michigan, near Detroit. [Photo / China Daily]

Detroit: Gold mine for China

Despite the Motor City's bankruptcy filing last week, its abundant engineering talent and car history lure Chinese automobile companies seeking global expansion, as Michael Barris reports from Detroit.

Detroit is still Motor City - at least to Chinese automotive companies doing business here.

In the past decade, dozens of them have been drawn to the area, not just because of its existing infrastructure, supply network, abundance of skilled workers or tax benefits, but because of Detroit's pivotal role in automobile history.

"It is the center of modern vehicle technology," proclaims John Yang, chief metallurgist with ZYNP International, the US distribution arm of engine cylinder-maker ZYNP China Manufacturing. The facility is located in Romulus, Michigan, about 25 miles southwest of Detroit. "This area still has its strength in technology and talent," Yang said in an interview.

Overwhelmed by a debt of at least $18 billion, Detroit filed for Chapter 9 bankruptcy protection last week, the largest such filing in US history. A legal muddle created by a county judge's ruling that the filing was unconstitutional was lifted on Wednesday when a federal bankruptcy judge cleared the way for the case to go forward without legal challenges.

As China's leadership boosts research and development for auto parts, mandated by the latest five-year plan (2011-15), Chinese automotive companies have stepped up their activity around Detroit, doing everything from R&D on behalf of parent companies back home to making parts exclusively for US auto makers.

Their arrival is welcomed by the state government, led by Republican Governor Rick Snyder, former chairman of California computer-maker Gateway Inc, and ex-chairman and CEO of Michigan venture-capital firm Ardesta LLC. The first-term Snyder administration sees China's interest in learning more about automobile production as a chance to create jobs for a hard-hit region.

Michigan was in the grip of a deep, decade-long recession through 2010. The state, whose economy is disproportionately affected by the automotive industry, lost nearly 218,000 manufacturing jobs from 2000 to 2005. It suffered further near the end of the decade when auto sales at General Motors, Ford and Chrysler plunged because the Detroit Three couldn't compete against fuel-efficient Japanese cars at a time of high gas prices. The US industry's woes were symbolized by the Chapter 11 bankruptcy filings of GM and Chrysler in 2009, moves now seen as necessary steps in the auto industry's recent resurgence.

More and better jobs

Last year, the Great Lakes State, struggling to recover from the economic slump, exported $3.2 billion of goods and services to China, a 25 percent jump from 2011 and lagging behind only Canada and Mexico. Michigan received more than $917 million in capital from China in 2012 to become one of its top 10 direct-investment states.

"More and better jobs are created both by promoting Michigan exports to China and by attracting Chinese companies to locate operations in Michigan," said Michael Finney, president and CEO of the Michigan Economic Development Corp, a public-private partnership that provides grants, loans and other economic assistance to businesses that make investments or create jobs in the state.

Finney calls China's economic growth "an opportunity" for Michigan. Chinese officials feel the same way. During a recent visit to the Detroit Chinese Business Association in Troy, about 40 kilometers north of the city, Zhao Weiping, China's Chicago-based consul general to the Midwest, called Michigan "an important business partner of China".

The Chinese auto industry's increasing presence in the Detroit suburbs continues a pattern of auto-production decentralization that started in the 1920s and shifted into high gear in the 1940s and 1950s, when GM, Ford and Chrysler expanded into new facilities around Detroit. That move helped push auto production into a truly national industry, responsible, at the city's height at mid-century, for one in every six US jobs.

Detroit's connection with a golden age of American automobile manufacturing fascinates Chinese automotive executives.

"Here in Detroit, we have a tradition," said Jerry Xu, president of the Detroit Chinese Business Association, a nonprofit business network that fosters bilateral business relationships between US and Chinese companies. "We have a lot of history and experience that no other place can have. That is why Detroit is always respected by the Chinese as the place for the automotive industry."

Previous 1 2 3 Next

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 18性夜影院午夜寂寞影院免费 | 欧洲色图亚洲色图 | 2021国产精品一区二区在线 | 亚洲欧美日韩中文字幕久久 | 99久久精品费精品国产一区二 | 色综合久久亚洲国产日韩 | 美女下面被cao出水 玖玖玖影院 | 久久99精品视频 | 亚洲综合一二三区 | 一区二区三区国产在线 | 狠狠色丁香婷婷久久综合考虑 | 精品视频在线观看视频免费视频 | 久久一日本道色综合久久m 亚洲三级视频 | 久久久久99 | 成年人小视频网站 | 色噜噜狠狠大色综合 | 国产一级片网站 | 在线免费观看网址 | 69国产成人精品午夜福中文 | 五月色开心婷婷丁香在线 | 在线视频a| 国产成人免费 | 91网站在线观看视频 | 欧美激情视频网站 | 久草在线新免久费观看视频 | 夭天曰天天躁天天摸在线观看 | h小视频在线观看网 | 免费的黄色网 | 午夜不卡一区二区 | 国产三级做爰在线观看视频 | 国产精品一二区 | 久久国产乱子免费精品 | 国产午夜精品一区二区三区在线观看 | 在线观看亚洲一区二区三区 | 日韩深夜福利 | 一级片视频免费 | 日韩影视在线 | 欧美一级一毛片 | 国产h视频在线观看高清 | 斗罗破苍穹在线观看免费完整观看 | 欧美精品一区二区三区在线 |