Since joining the World Trade Organisation WTO in , China has devoted great efforts to implementing policies on opening up to the outside world. As a result, it has successfully attracted enterprises in developed countries to relocate production and sourcing activities on a massive scale to the mainland. Meanwhile, a great number of emerging countries in Asia have also further liberalised their market, making use of their low-cost advantage to attract foreign investment to propel economic growth. At the same time, ongoing changes in the international trade regime, such as the elimination of textiles and clothing import quotas by WTO members, and the granting of a zero tariff concession to information technology products under the Information Technology Agreement , have prompted even more related production and sourcing activities to shift to Asia. This has in turn directly changed the landscape of global industrial production.
Changing Global Production Landscape and Asia’s Flourishing Supply Chain
Changing Global Production Landscape and Asia’s Flourishing Supply Chain | HKTDC
Monetary Policy Principles and Practice. The annual revision to industrial production and capacity utilization was published on March 27, Data referred to in the release dated March 15, , have been superseded by the data issued at the time of the annual revision. The Federal Reserve provides the data from the G. See this webpage for changes at the time of the annual revision March 27, and for changes in previous years. You may build your own custom data package or select a preformatted package.
Provides statistical data on external, real, and monetary sectors of 48 economies in Asia. Indicators include: GDP, inflation, industrial production, and retail sales for the real sector; trade, exchange rates, and balance of payments for the external sector; and money supply, stock prices, and banking indicators for the monetary and financial sector. Data are presented in either growth rate, index, or ratio.
Industrial production refers to the output of industrial establishments and covers sectors such as mining, manufacturing, electricity, gas and steam and air-conditioning. This indicator is measured in an index based on a reference period that expresses change in the volume of production output. Compare variables. Find a country by name. Show baseline: EA