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The transfer of Japanese manufacturing to China shows signs of acceleration
by:Gewinn
2022-05-12
The earthquake in Japan not only accelerated the transformation and upgrading of manufacturing enterprises in some areas of China, but also accelerated the pace of the transfer of Japanese manufacturing to China. Recently, ADVICS Co., Ltd., Japan's largest original supplier of automotive braking systems, announced the establishment of the China Ru0026D Center for ADVICS Automotive Braking Systems. At almost the same time, Nitto Kogyo Co., Ltd., Japan's largest manufacturer of communication cabinets and cabinets, also announced to increase its capital in China, increasing the registered capital of the Chinese company from 1.2 million US dollars to 15.5 million US dollars. These are interpreted by the industry as a signal that Japan is accelerating the transfer of manufacturing to China. Unlike in the past, some of the core technologies that Japan has always regarded as 'highly classified' and 'sealed' may be transferred to China. Double factors 'ferment' Mu Shusheng, executive director of Ruibejia Technology Industry Co., Ltd., told reporters: 'It is impossible for Japan to accelerate (the transfer of manufacturing to China). There are very large gaps in components and electronic chips. Since these vacancies will not be filled for a while, many domestic manufacturers have begun to actively look for alternatives in their own countries. On the other hand, some Chinese manufacturers are also in order to meet this part of the demand (gap) Accelerating transformation and upgrading is not a small threat to Japan's manufacturing industry.' Kato, chairman of Nitto Industry Co., Ltd., told reporters that two of Nitto Industry's eight factories in Japan were affected by the earthquake. This is the direct reason for the company to accelerate its penetration into China. 'Part of the investment in China will produce more earthquake-resistant industrial products. In addition, the growth rate of China's manufacturing industry itself is also an important reason for accelerating the company's entry into China.' The US economic consulting agency HIS Global Insight recently released a report. A study shows that in 2010, China accounted for 19.8% of the world's manufacturing output, higher than the 19.4% of the United States, and became the world's largest manufacturing output country. In the future, China's manufacturing industry will continue to develop. Industry insiders pointed out that after the earthquake, Japan's accelerated industrial transfer was more to share the achievements of the rapid development of China's manufacturing industry. A 2010 China-Japan trade analysis report by the General Administration of Customs showed that China imported 119.98 billion mechanical and electrical products from Japan last year, nearly 70% of the total import value from Japan in the same period. Ministry of Commerce spokesman Yao Jian said at a recent press conference that Japan is my country's third largest trading partner and largest import market, accounting for 12.6% of China's total imports. In China, a large number of Japanese-funded enterprises conduct production, trade and investment activities in China, so the earthquake will have an impact on the trade and investment in manufacturing between the two countries. Japan's exports to China are mainly high-tech products, electromechanical equipment, and precision instruments. The earthquake directly hit the leading industries in the affected areas hard, and the supply of petrochemicals, electronics, and auto parts dropped sharply. In the case of traffic paralysis, due to the deepening of industrial division of labor and clusters, industries in other areas of Japan could not operate normally, resulting in insufficient supply. It has a great impact on Chinese related industries. Industry insiders believe that these are also strategic reasons why Japanese manufacturing companies are considering accelerating their transfer to China. Is the core technology transferred? However, the industry is skeptical that Japan will transfer core technologies together. Because the Japanese economy has always adopted an 'extensional' development strategy, relying on its core control over the technological frontier, only the production and manufacturing links of labor-intensive or resource-intensive commodities are transferred to developing countries. Zhang Xiaoyu, vice-chairman of the China Machinery Industry Federation, told reporters that Japan has always been very closed in frontier technologies and rarely transfers high-end or core technologies to other countries. Although some areas of Japan's manufacturing industry were severely damaged in the earthquake, less than As a last resort, it is difficult for Japan to transfer high-end technology to China. Change may be quietly happening. In an interview with reporters, Kato said that the company's capital increase in China will not only bring related manufacturing industries, but also bring the most core technologies to China. ADVICS Co., Ltd. also announced at the press conference of the establishment of the China Ru0026D Center that it will increase the research and development of cutting-edge technologies of Chinese companies. In fact, the earthquake may cause many cutting-edge technology products in Japan to gradually lose their former advantages. 'For example, Japan's reduction in the supply of automobiles, panels, chips and other products will only lead to the expansion of international counterparts, thereby reducing its own market share. Because these products are not absolutely unique to Japanese companies.' The above-mentioned industry insiders think. Some domestic manufacturing product agents also told reporters: 'Many core components are already available in China, such as communication cabinets, which can be manufactured in China. Japan's advantages are currently mainly reflected in the stability of product performance.' The agent believes that due to the rapid and diversified development of technology, the previous advantages of Japanese products are under threat, which is also the reason for the accelerated transfer of Japanese manufacturing to China, 'including some cutting-edge technologies.'
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