On the 3rd, Beijing time, Bloomberg reported that when Hu Chengpeng quickly walked through a stroller and wheel factory, he said that recruiting workers is his top priority right now. Although the factory in Hanchuan, Hubei Province, pays more than 400 workers each year a two-point increase, the employee turnover rate reaches 20%. He said that the labor cost is too high.
Click to know immediately price of cashmere sweater
All of this can explain why Hu Chengpeng, 34 years old, embraces China's robotic revolution with open arms. This year, he has added 40 new robots, each worth 40,000 yuan (US$5,850), to replace dozens of workers in plastic cutting and molding. He said that in the end the number of employees in this factory will be reduced by a quarter compared with the current, but the annual output will not be reduced. He also stated that he intends to shift more production from making simple parts to branded baby strollers with higher profitability.
The latest results of the China Enterprise-Employee Matching Survey (CEES) jointly conducted by the Institute of Quality Development Strategy, Wuhan University, the Chinese Academy of Social Sciences, Stanford University, and the Hong Kong University of Science and Technology Emerging Markets Institute show that actual salary has more than doubled in the past 10 years. Manufacturers are adopting automation technology, investing in research and development, and adding new products with higher added value.
Click to know immediately how to buy cashmere sweaters
China is no longer the once cheap labor force paradise. At the end of 2015, the monthly salary of manufacturing industry reached 4126 yuan, which is the same as Brazil, far higher than the levels of Mexico, Thailand, Malaysia, Vietnam and India.
The CEES study released on June 20 shows that at the same time, many companies rely on government subsidies and have little or no profit. “The time for Chinese manufacturers to adapt is running out,†said Albert Park, a labor economist at the Hong Kong University of Science and Technology, the head of the International Commission for the Survey.
Click to know how to purchase cashmere sweaters
The above study sampled more than 1,200 companies and 11,300 employees in Guangdong and Hubei provinces. Guangdong is China's largest manufacturing province, and Hubei is a major industrial base in Central China. In Guangdong Province, about 26% of employees leave each year, and the turnover rate of younger employees is higher. This ratio of employees under 28 reaches about 37%.
Want to know more about the price of cashmere sweaters, cashmere sweaters, cashmere sweaters, and cashmere sweaters?
Pay attention to WeChat public number "Cashmere sweater industry platform" to learn more about cashmere sweater information
Print Caps,Printed Baseball Caps,Floral Baseball Cap,Leopard Print Baseball Cap
Shandong Urelia International Co., Ltd. , https://www.ureliacn.com