Friday, May 29, 2020

Economic Issues and Challenges of China Automation - 275 Words

Economic Issues and Challenges of China: Industrial Automation (Lab Report Sample) Content: Automation in China Name: Instructor: Course: Date: Table of Contents 1. Introduction. 3 2. Background. 3 3. History of China. 5 4. Industrial automation. 8 4.1 Factory automation. 8 4.2 Process automation. 9 4.3 Hybrid automation. 9 4.4 Control systems. 9 5. Automation investment 10 5.1 Labour costs. 12 6. Trends in globalization and internationalization. 13 6.1 Future trends. 14 7. Reflection. 14 8. Conclusion. 15 1. Introduction According to Fox (2010), the global automation industry was heavily affected by the 2008 financial crisis, but it has since recovered. The recovery of the advanced economies and the increased demand for machinery and technology in the emerging economies means that this sector will continue to experience steady growth. The companies will also continue seeking energy-efficient, and improved wastewater solutions. The automation industry has vast opportunities in the renewable sector and it is expected that in future many firms will continue to adopt smart technologies such as cloud-computing solutions and mobile communication technologies to enhance communication between employees working in different units. Flexible manufacturing processes are also expected to become popular in the BRIC economies. This paper examines the automation industry in China and the factors influencing the adoption of the automation systems in the country. 2. Background For long, China has provided firms with cheap labour and adequate resources. The country is also the largest recipient of the FDI, and several factors make the country a suitable destination for investment capital. According to Fox (2012), these factors include well developed infrastructure, availability of labour, and adequate workforce skills. In addition, lower transaction costs mean that the investors are able to attain high returns on their investment. However, in the recent past, the workers in the country have been agitating for better wages, and in response firms have started automating their production processes. According to the available statistics, the labour costs in China have increased by 12.3%, while the cost of raw materials is already going up (Nolan, 2014). Automation of the industries is also being driven by the need to produce quality products. Companies want to compete with foreign countries, and ensure consistent production of goods. According to Sultan (2012), the automation of Chinese factories is happening at a very fast rate, and already companies such as Foxconn have adopted the new technology. Foxconn is one the largest producers of phone products in the country, and due to bad publicity it has decided to introduce over one million robots in its factories. The extent of the practice is well captured in an article titled, analysis: robots lift Chinas factories to new heights. According to Christensen (2012), the Great Wall Company in china has also introduced giant orange robots. So far, the company has invested 96.5 million in mechanizing 4 plants with 1,200 robots. With the automation of some of its processes, the Great Wall Company has been able to control the operating costs. Another company, which had adopted the robotic technology, is Pegatron, which has invested more than 60 million to automate the production of harsh chemicals (Nolan, 2014). The adoption rate of industrial robots of China is growing, and in 2012 the country reached 22,577 units up 51% over 2011 (Nolan, 2014). Robots are mostly used in the automotive industry and Abetti and Haldar (2011) attribute the new trend to change in demographics. With the aging population, china will not be able to meet labour demands, hence the growing popularity of the robotic technology. The number of the people in the working-age group is already declining, and to just illustrate further here is a perfect example. In 2000, the number of the Chinese workers entering the market was 22 million, but this number declined to 15 million in 2012 (Nolan, 2014). Besides the declining number of workers, the young people no longer want to work in factories, instead preferring to work in the service industry. The number of the migrant workers is already reducing, and as a result, companies are forced to look for alternative measures. Due to the increasing demand for robotic technology, the suppliers including, Universal Robots and ABB are already, boosting their chinas investment. In 2015, the demand is projected to rise to 35,000 from 26,000 in 2012 (Nolan, 2014). Although adoption of robotic technology is currently underway in China, there are fears that the automation process will take years to achieve. This is due to the high price of advanced robots, and lack of adequate capacity. At the same time, some of the researchers observe that the robots are more expensive compared to the workers and the automation process could be affected by logistical problems. The sections below examine in details the prevalence of the automation in China. 3. History of China Prior to 1979, the Chinese economy was centrally planned and state controlled. However, in 1979, the government initiated a number of economic reforms and established special economic zones. Enterprises and state-owned organizations were subjected to free market principles while citizens were encouraged to engage in businesses. The establishment of economic zones attracted FDI into the country. The liberalization efforts in the country were also facilitated by the removal of trade barriers. The introduction of economic reforms saw the economy improve and the presence of foreign entities in the country increased. The economic growth in china can be attributed to many factors, one of which the large-scale investment. In 2010, there were approximately 445, 244 foreign-invested enterprises in the country and they contributed a major share of the countrys industrial output (Nolan, 2014). According to the available statistics, the FDI growth in the country has been very phenomenal, and jus t to prove this point here is a good example. At 1985, the FDI inflows were estimated to be 1.2 billion, but this number rose to 72.5 billion in 2013 (Nolan, 2014). Most of the countrys FDI inflows originate from the United States, Taiwan, Japan, British Virgin Islands, Hong Kong and Japan. One of the FDI determinants in the country is the market size. According to Christensen (2012), large markets are attractive to investors due to larger economies of scale and spillover effects. The large population in the country drives up domestic consumption, which means that companies can easily find a ready market for their goods and services. The second factor is the availability of cheap labour. Foreign investors, flock into the country to take advantage of cheaper labour and well educated workers. According to Greenfield (2010), the Chinese labourers are highly skilled and the government provides investors with favourable policies in taxation, land use and foreign currency exchange. China has been experiencing improvements in productivity as a result of reallocation of resources. In this regard, the resources were re-allocated to the agriculture, trade and services industries. The private enterprises have taken the place of centrally-controlled SOEs and China has become a centre for innovation and economic development. By pursing the fast-growth economic model, the country has transitioned to a developing economy, but the government hopes to adopt the smart growth approach. In other words, the government is now focusing on achieving long-term and more balanced growth; in order address the environmental problems affecting the country. The country GDP is estimated to be 5.4 trillion, while the GDP per capita stands at 4,174 (Nolan, 2014). It is estimated that the country will soon overtake America as the worlds largest economy. Already, china is the worlds second largest merchandise importer and exporter. The country is renowned for supplying goods to developing and developed economies and its major exports include electrical goods, machinery, furniture, and clothing. To maintain high production levels, the country relies on fuel such as coal and petroleum. According to the International Energy Agency, the country is the largest energy consumer, and by 2035, China is projected to consume 70% more energy than the United States (Nolan, 2014). Despite the positive economic outlook, the country is faced with a number of challenges. Firstly, China has not fully adopted the market system. The State Owned Enterprises still dominate various sectors of the economy, hence limiting competition. Unlike the private entities, th e SOEs receive preferential treatment in the access of credit facilities. The countrys economy is also negatively affected by the undervalued currency. Another key challenge facing the country is overdependence on fixed investment and exports. China has also failed to deal decisively with the problem of pollution in the cou...

Saturday, May 16, 2020

The Population Of Japan And Its Effects On The Present...

An investigation to the declining population in Japan and its effects in the present leading into the future Edwin Wu Social/ Cultural Anthropology Candidate number: 001092-0028 Word Count: 3692 Table of Contents Abstract- 3 Introduction- 4 Research Question Implications and Limitations Analysis -5 Demographic trend Eating Habits Economic and Labor Growth Suicide Celibacy Syndrome Women in the labor force Immigration Conclusion - 15 Works Cited / Bibliography-16 Abstract The investigation is to analyze the different contributing factors on the demographic change in Japan entering into the 21st century. Given that Japan is one of the most prominent countries in the world socially, culturally, and economically, its population is on a decline. Like many developed countries, many of them are following the same trend. Developing countries on the other hand have birth rates that still continue to go up. The concern is on how a declining birth rate in Japan is so severe. With a death rate higher than the birth rate contributes to a declining population that has never been seen before in its society. As of today, the Japan has one of the largest economies and populations in the world. But despite efforts in preventing population decline, the trend still continues. Japan is going through a two-sided scenario where not only does it have a declining birth rate it also hasShow MoreRelatedBoxer Rebellion Causes1084 Words   |  5 Pagesunequal treaties. The defeat in the Sino-Japanese War severely weakened the Chinese government and began a drive by the Western powers to create spheres of influence in China. The war gave Japan the same kinds of powers that the European countries had and also gave Japan a great deal of territory.   This made Japan much stronger and gave it a base on the mainland that it could use to try to gradually take more of China for itself. 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Symptoms typically – but not always – present in teen years with different peak times for females and males. Females have two peak times of vulnerability – mid- to late twenties and again around 40 – whereasRead MoreThe Impact Of Gold On The City Of Potosi950 Words   |  4 PagesSilver The city of Potosi, which is now modern day Bolivia, was once a vast mining town located in the Andean highlands in the mid 1500’s. This town was the world’s leading producer of silver; the mountain contained enormous amounts of silver that then created many opportunities for many different people all around the world. The population of Potosi at this time was around 160,000 large enough that it was comparing to that of cities like London and Amsterdam. This great mountain supplied many people

Wednesday, May 6, 2020

Important Aspects Of A Functioning Classroom Essay

Through this past semester, we heavily discussed the important aspects of a functioning classroom, from different theorists to helpful teaching techniques. We’ve debated what it means to be a great teacher. I believe most of the theories we discussed could be incorporated much more in the classroom. John Dewey, Friedrich Froebel, Maria Montessori, and Lev Vygotsky all understood the way children think and the importance of imaginative play. They also understood that children need to be active in nature. Also, we have discussed different forms of learning, such as project based learning, team teaching, and outdoor classrooms. In my opinion, the education system should have changes that benefit the students’ needs. They’re not getting the most out of their education. Children are active, curious, extremely social, literal, and more intelligent than they are given credit for. They can easily pick up the atmosphere of any environment they are in, if something is off they may not understand it, but they will know. Children want to learn, explore, and be involved. Teaching styles that work best for children are hands-on approaches, present new information in small, clear steps, ask many questions and discuss answers deeply. Provide scaffolding, and provide diagrams, maps, models, and handouts. These teaching styles work best because students are doing and seeing something. Students can hold a piece of paper and listen to what is on it by the teacher. They can see the diagrams andShow MoreRelatedImportant Aspects Of A Functioning Classroom904 Words   |  4 PagesThrough this past semester, we have heavily discussed the important aspects of a functioning classroom, from different theorists to helpful teaching techniques. We’ve debated what it means to be a great teacher. 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Tuesday, May 5, 2020

The Role of the Spirits in Convincing Scrooge That He Needs to Change free essay sample

This paper will explore how Dickens uses each of these mysterious spirits to persuade Scrooge that he needs to change. At the beginning of the novel, Scrooge is a cold-hearted, tight-fisted and greedy man, who despises Christmas and all things that give people happiness. This is exemplified when the donation collectors approach Scrooge expecting a donation to help the poor at Christmas. Scrooge is quick to decline, and he says ‘It’s not my business, it’s enough for a man to understand his own business, and not to interfere with others. A Christmas Carol takes us on a journey with this unconscionable man as we see his ethics and philosophy challenged, the way he has lived his life in the past, presently and how if he continues on this pathway, his life will unfold in the future. The few words in this quote, are enough to paint a clear picture of a selfish man who has no regard for others and justifies his stance with the excuse it is not my business. We will write a custom essay sample on The Role of the Spirits in Convincing Scrooge That He Needs to Change or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It is indubitably clear that at this point Scrooge regards himself as a man who has no philanthropic responsibility. The Ghost of Christmas Past is the first spirit to visit Scrooge. First this ghost takes Scrooge to see himself in the past when he a young schoolboy. Scrooge is shown that his father abandoned him at his boarding school, even during Christmas. This infers to Scrooge that the reason why he doesn’t socialize because he never experienced steady growth as a child in a strong family unit. This helps Scrooge to understand that he is the way he is due to childhood neglect, thus inferring to him that he can and should change. Next the ghost shows Scrooge how his money and work obsessed nature led his fiancee, Belle, to leave him. This associates the loss of Scrooge’s fiancee with his selfish nature thus compelling him further to change the selfish aspects of his life. The next ghost that visits Scrooge is The Ghost of Christmas Present. This spirit takes Scrooge to see the happiness of his nephews social circle and the Cratchit family. Scrooge, upon noticing that Mister and Misses Cratchit’s son Tiny Tim is lame, feels empathetic and thus asks The Ghost of Christmas Present if he will survive. The ghost confirms this, but uses Scrooges past unkind comments to two charitable solicitors against him, saying †¦they had better do it now, and decrease the surplus population. By seeing first hand the happiness that he was missing out on due to his lonely lifestyle, Scrooge begins to see that he should change his The last spirit that visits Scrooge is The Ghost of Christmas Yet to Come. This spirit shows Scrooge the final consequences of his chosen life style. Among these consequences is the death of Tiny Tim, which leads to the mourning of his family. Scrooge also gets shown his own final legacy, a cheap tombstone in an unkempt graveyard. The contrast between the affects of both Scrooge and Tiny Tim’s death is demonstrable. Tiny Tim is sourly missed and his family is grieving for him. In comparison, Scrooges solitary life and intolerance of those in need ultimately leads others to find only comfort and happiness from his death. This makes it blatantly obvious to Scrooge that if he wishes to avoid this terrible fate, he must make a dramatic change in his life. And so it can be seen that through the apparition of spirits, Scrooge is persuaded that he needs to change. Indeed, Scrooge became a model of generosity and kindness, towards the people around him as is clearly shown when Dickens says Many laughed to see this alteration in him, but he let them laugh and little heeded them, for he knew that no good thing in this world ever happened, at which some did not have their fill of laughter. † The spirits achieved this change Scrooge through showing him the childhood neglect that resulted in his miserable attitude, by showing him the happiness that he is missing out on because of his solitary nature, and by showing him the terrible fate that he will surely meet if he doesn’t change.