At present, the global automotive industry is ushering in the era of ‘electrification, intelligence, Internet connectivity and sharing’. Even as the global auto market continues to decline, the wave of the ‘new four’ is still surging. In China, the ‘new four’ in the ascendant, huge potential, coupled with automatic driving, artificial intelligence research is booming, new energy vehicles in the high-speed growth stage, so that multinational parts and components giants are excited, but also smelled the huge business opportunities. As a result, multinational parts giants have higher enthusiasm for investing in relevant new technologies, new fields and new trends. Statistics show that in 2018, in the midst of the overall downturn in the car market, China's new energy vehicle market has continued to grow, with sales accounting for more than half of the world, remaining the world's first for four consecutive years. In the first half of this year, China's new energy vehicle market sales are still rising, more multinational parts and components giants come and go, looking for business opportunities. Japan denso is on China's new energy vehicle market investment to increase. In May this year, Denso announced that it will build a new plant in China for new energy vehicle parts. According to the agreement, denso (guangzhou nansha) co., ltd will invest not less than 2 billion yuan in two phases, the new land scale of about 100,000 square metres of new factory in south china, layout of new energy automobile parts and components related industries. The project has been started on 28 June this year, is expected to be completed in 2021 and put into production in 2022 to achieve mass production. The investment strength and construction speed is rare. At the same time, this has also become Japan Denso in the field of new energy vehicle parts and components in the next three years to invest 180 billion yen (about 2 billion yuan) a key component. At present, Japan Denso has more than 30 group companies in China, involved in vehicle air conditioning and engine parts and components production. It has new energy auto parts field as one of the focus of future strength, the Chinese market naturally become its layout focus. At present, the global automotive industry is ushering in the era of ‘electrification, intelligence, Internet connectivity and sharing’. Even as the global auto market continues to decline, the wave of the ‘new four’ is still surging. In China, the ‘new four’ in the ascendant, huge potential, coupled with automatic driving, artificial intelligence research is booming, new energy vehicles in the high-speed growth stage, so that multinational parts and components giants are excited, but also smelled the huge business opportunities. As a result, multinational parts giants have higher enthusiasm for investing in relevant new technologies, new fields and new trends. Statistics show that in 2018, in the midst of the overall downturn in the car market, China's new energy vehicle market has continued to grow, with sales accounting for more than half of the world, remaining the world's first for four consecutive years. In the first half of this year, China's new energy vehicle market sales are still rising, more multinational parts and components giants come and go, looking for business opportunities. Japan denso is on China's new energy vehicle market investment to increase. In May this year, Denso announced that it will build a new plant in China for new energy vehicle parts. According to the agreement, denso (guangzhou nansha) co., ltd will invest not less than 2 billion yuan in two phases, the new land scale of about 100,000 square metres of new factory in south china, layout of new energy automobile parts and components related industries. The project has been started on 28 June this year, is expected to be completed in 2021 and put into production in 2022 to achieve mass production. The investment strength and construction speed is rare. At the same time, this has also become Japan Denso in the field of new energy vehicle parts and components in the next three years to invest 180 billion yen (about 2 billion yuan) a key component. At present, Japan Denso has more than 30 group companies in China, involved in vehicle air conditioning and engine parts and components production. It has new energy auto parts field as one of the focus of future strength, the Chinese market naturally become its layout focus. Following the completion of its Asian headquarters and R&D centre in Shanghai at the end of 2018, Continental announced in March this year that its R&D centre in Chongqing was officially put into operation. It is understood that this is Continental's 18th R&D base in China, with a total investment of RMB 280 million and a building area of about 15,000 square metres in the first phase. The R&D centre is dedicated to the development of intelligent network-based automotive electronic products, both in the field of new generation gateway, electric locking system, body controllers and transmission controllers R & D and testing, but also includes new energy automotive related parts and components of the products and solutions. South Korea's LG Chem has also recently announced that it will invest 1.2 trillion won (about 6.9 billion yuan) to expand its power battery production line in China to cope with the surge in demand for cylindrical power batteries in the Chinese market. And its previous Nanjing power battery plant, with a total investment of about $2 billion (about RMB 13.9 billion), will be completed and put into operation in October 2019, and is expected to achieve an annual production capacity of 32GWh by 2023.Asked about this expansion of its battery production line, LG Chem said it is expected to lead the electric vehicle market in the future, and also seize the lead in brand new areas such as light electric vehicles and power tools. Bosch also said that it will focus on autonomous driving, intelligent Internet connection and new energy vehicles in the Chinese market, and will strengthen its core competitiveness in the three segments of ‘sensors, software and services’. As a leading global provider of mobility and autonomous driving solutions, Ampofo has recently announced that it will establish the Ampofo Autopilot China Technology Centre in Shanghai to introduce the world's leading L4 autonomous driving technology to China, and will seek cooperation with local partners to jointly develop the application of autonomous driving in the Chinese market. In the future, Ampofo's Automated Driving China Technology Centre will form one of the company's five core automated driving technology and application development bases, together with its R&D centres in Pittsburgh, Boston, Las Vegas and Singapore. BASF expects that China will continue to maintain its share of the world's largest chemical market, with its market share increasing from the current 40 per cent to 50 per cent by 2030. Therefore, BASF has decided to invest another 34 million euros (about 260 million yuan) this year to build a new Asia-Pacific R&D centre in Shanghai to meet the needs of China's automotive market, especially the development of the ‘new four’ and new technologies by car companies. The new facility will include two R&D centres for automotive applications and process catalysis in the Asia-Pacific region. Currently, Eberhard has opened an Asian test centre in Shanghai. A major trend in automotive development is to save energy and reduce CO2 emissions. In order to meet the increasingly stringent emission standards in China and other countries, Eberhard, as a leading Tier 1 supplier of exhaust technology, has built a new test centre with a total floor space of 3,800 square metres, which includes a prototype workshop for passenger cars and commercial vehicles, as well as a materials and components laboratory and a test laboratory for engines and vehicle systems, providing customers in Asia with a more professional service in the field of exhaust testing. Nidec's recent plans to expand its Nidec recently planned to double its production capacity in China. In addition to its plant under construction in Zhejiang, Nidec will invest 20 billion yen to 30 billion yen (about 1.22 billion yuan to 1.83 billion yuan), the construction of a second traction motor plant in Guangdong, the goal is to double the original plan for 600,000 to 700,000 electric vehicles to use the annual production capacity of the motor. It is understood that Nidec's first factory in China was put into operation in May this year, and the second factory will be put into operation in 2020, and will mainly produce smaller electric vehicle motors in the future, thus reducing the space it occupies in electric vehicles. South Korea's SKI plans to invest another 579.9 billion won (about 3.38 billion yuan) to set up a second power battery factory in China this year, following its construction of an EV power battery factory there last year.SKI said its second factory in China is aimed at meeting the demand from the growth in orders for EV power batteries globally. ‘The “new four” of automobiles as well as driverless, new energy vehicles and other related technology fields are entering a period of rapid development in China, and to a certain extent, the multinational parts and components giants' enthusiasm for investment stems from the greater space in this market.’

Recently held in Hefei, the 2019 World Manufacturing Congress resoundingly put forward the transformation and upgrading, high-end manufacturing, innovation-driven, intelligent manufacturing and other initiatives, playing the strongest voice towards a new era of manufacturing. Enhance the capacity of manufacturing technology innovation, promote manufacturing quality change, efficiency change, power change, China's manufacturing industry is glowing with new vitality, leading the industry's high-quality development through innovation drive. Wind data show that listed companies in the manufacturing industry in the first half of the revenue of more than 8 trillion yuan, the industry ranked first, far more than the second financial industry. A number of high-quality manufacturing enterprises in the service of supply-side structural reform and high-quality development of the economy, playing an increasingly important role. China Enterprise Confederation, China Entrepreneurs Association released this month, 2019 China Manufacturing Enterprises Top 500 list (with 2018 business revenue as the shortlisting criteria) shows that the operating performance of the manufacturing top 500 enterprise group has significantly rebounded, the net profit growth rate maintains a high level, and it is constantly moving towards the middle and high end of the industrial chain. Leading companies have obvious advantages This year, the manufacturing industry leading enterprises are strong, holding the core technology of high-end manufacturing enterprises to develop rapidly, reflecting the manufacturing industry listed companies to the quality of the group to be effective, to upgrade the determination to expand the space. Leading companies have obvious advantages. According to the 2019 China Top 500 Manufacturing Enterprises list, the 2019 China Top 500 Manufacturing Enterprises achieved a total profit attributable to the parent company of 976.729 billion yuan in 2018, an increase of 19.44% compared with the previous year; the profit margin on net assets was 10.48%, 1.25 percentage points higher than the previous year. High-end manufacturing companies have seen a larger increase in earnings. Focusing on precision box system and mobile communication equipment in the field of Shijiazhuang Technology in the first half of the net profit year-on-year growth of 350.88%; large-scale casting and forging parts supplier Baoding Technology net profit year-on-year growth of 124.71%; intelligent manufacturing equipment overall solution provider Hanchuan Intelligent first half of the net profit year-on-year growth of 123.67%. Innovation-driven transformation and upgrading Enterprises are the important main body of manufacturing innovation. According to the 2019 China Top 500 Manufacturing Enterprises list, 2019 China Top 500 Manufacturing Enterprises 2018 R & D expenses reached 71,187,000,000 yuan, an increase of 8.63% over the previous year, the R & D intensity of 2.14%, to achieve the R & D intensity of ‘three consecutive rises’ since 2016. "With Shenzhou in the sky, Jiaolong in the sea, 5G on the scene, and Beidou in the network, China's manufacturing industry has been transformed and upgraded with new technologies. With ‘science and innovation’ and ‘growth’ attributes of the science and innovation board declaration of enterprises, part of the manufacturing enterprises are expected to lead the development of new trends in the manufacturing industry. Lianrui New Material is a leading domestic scale silicon powder enterprise, and its products are used in copper-cladding boards for electronic circuits and epoxy plastic sealing materials for chip packaging, which is of great strategic significance in leading the upgrading of the materials industry, supporting strategic emerging industries and promoting the transformation and upgrading of traditional industries. Listed in the science and technology board companies, the western superconductor as the only domestic commercial production of low-temperature superconducting wire enterprise, the first half of the net profit increased by 15.78% year-on-year. To the high-end of the industry chain Analysts pointed out that, as the world's manufacturing power, China's manufacturing industry is still big but not strong, in the international industrial chain division of labour in the low-end level, in the higher value-added links lack of competitiveness, so adhere to the innovation-driven strategy, in the industrial chain constantly by the low-end to the high-end of the industry chain is to achieve China's high-quality development of manufacturing industry is a necessary road. This year, the manufacturing industry segments represented by non-ferrous, iron and steel, building materials, etc., have continued to upgrade the industrial chain and establish a core industrial cooperation chain. Li Bin, a non-ferrous industry analyst at Huatai Securities, said that nickel resource giant Qingshan Industry joined hands with Grimmie to deal with efficient extraction technology of resources, waste resource recycling technology, etc., which gave birth to a chain of cooperation with industry giants leading the industry's development and stabilising industry expectations, and achieved Grimmie's position as the leader of the world's waste regeneration industry. Baosteel focuses on the future development trend of iron and steel, and signed a comprehensive cooperation framework agreement with Anhui University of Technology to carry out comprehensive cooperation in forward-looking technological innovation, engineering problems, transformation of scientific and technological achievements, and training of high-end talents. Promote the manufacturing industry to the high-end of the industry chain, Fang Yanhuo said, building materials industry, glass fibre plate is continuing to increase the proportion of high-end products, enhance the cost advantage; coating plate is continuing to increase the proportion of first and second-tier cities, enhance product awareness. Looking ahead to the fourth quarter, analysts pointed out that the development of high-end segments of the manufacturing industry is expected to usher in development opportunities. Li Bin, for example, 5G mobile phones and other terminal applications in the heat dissipation and shielding requirements accordingly, will give rise to the corresponding precision copper alloy plates and strips and other needs; for the field of display, OLED flexible screen applications are in the spotlight. Focus on the fourth quarter of manufacturing, consumer building materials, Tianfeng Securities suggests focusing on two points, one is the leading market share is expected to accelerate, mainly benefiting from the bottom of the industry boom endogenous consolidation, as well as real estate refurbishment and home furnishing companies collectively expanding the trend of the B-end faster than the C-end of the retail; the second is the old reform of the market demand is expected to be released, pay attention to the incremental demand for coatings, waterproofing, tubing and so on.

After experiencing the initial run and barbaric development, logistics, a traditional and grounded industry, is beginning to rush to tear off the label of labour-intensive and low technological content, and with the surging waves of 5G, artificial intelligence and AIoT, the entire logistics industry is undergoing profound changes. On September 20, the German Fraunhofer Institute for Logistics China Chief Scientist Fang Tingjun said at the 2019 Logistics Industry Innovation Summit that logistics is a horizontal service throughout the entire industrial process, and the realization of Industry 4.0 should first realize the digitization of the entire process, and digitization is a prerequisite. However, in an interview with the ‘Daily Economic News’ reporter, Fang Tingjun also frankly admitted that China's traditional enterprises are generally heavy technology, light process, and even technology for the technology, in the process of logistics technology industry progression, we must pay attention to the whole process of the opening and synergy, the whole process of digitisation and the construction of intelligence, rather than a certain part of the cutting-edge technology of the isolated use. ‘AI + logistics’ commercialisation still takes 5-10 years In the industry's view, 2018 is a year of ‘visible’ logistics technology, and in 2019, the wind direction of the logistics industry turned to the ‘invisible’ higher level of big data and supply chain stage. With the continuous injection of science and technology, enterprises have gradually realised that big data and supply chain has become the core of the logistics industry to reduce costs and increase efficiency, improve customer experience, and have accelerated into the track. Fang Tingjun said that artificial intelligence technology has entered a very hot link, but this does not mean that artificial intelligence technology in the field of logistics to mature field. ‘Now it is we hype up this field, but to the commercial application of at least 5 to 10 years to experience.’ At the same time, he also pointed out that the correlation between logistics and technology lies in the fact that for every step that technology improves, logistics moves forward week after week, and it is a spiral development. In this development process, logistics technology will experience from ‘creative’ to “hype”, and then to ‘practical’ process. In accordance with the thinking of the room, the current logistics technology industry, unmanned creativity has just entered the ‘hype’ period, the group of intelligent robots have been fired to a very high position, while the digital twin and deep learning technology has been fired to the highest point, blockchain, industry 4.0, virtual reality and other technologies have slipped into a disappointing trough; accordingly, virtual reality and narrow-band Internet of Things (IoT). Virtual reality and narrowband IoT have moved out of the trough of disappointment and into the high ground of practicality. ‘Logistics digitalisation’ listed companies will continue to emerge It is worth noting that, in the logistics field ushered in artificial intelligence, the Internet of Things and other cutting-edge ‘black science and technology’ intensive layout, the traditional logistics companies have also begun to increase the layout of science and technology. Wang Congjun, chairman of the board of directors of Aneng Logistics, expressed his agreement with the viewpoints of Fang Tingjun at the above summit, and he believed that the digitalisation of logistics is a long way to go, and it is not simple to replace it with drones and robots in two or three years. It can only rely on the accumulation of droplets, continuous transformation, and finally invest five cents or two cents in the operational difference, in order to have a fundamental difference and decisive role in the industry pattern. "2019 is a time of great change, the bubble of investment has passed, the future is to see whether it can actually transform logistics digitalisation into operational efficiency. Only those who can transform it into operational efficiency can survive and live inside the cold winter ahead." Wang Congjun said. For the future development trend of logistics technology, Fang Tingjun believes that the next listed companies in the field of logistics digitisation and intelligence will continue to emerge, on the one hand, Chinese companies have an advantage in this field, on the other hand, the Chinese market itself is very large, and the logistics technology market can go global. In his view, China's 5G technology in the world in a leading position, these are again the development of logistics is a very important foundation, based on this for the development of deep logistics technology applications towards intelligence, the future will have great potential.