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Taiwan enterprises benefit from mainland's digital transformation

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      China

      China

      Taiwan enterprises benefit from mainland's digital transformation

      2025-03-16 22:58 Last Updated At:23:37

      Nearly 100 Taiwan-invested enterprises in east China's Xiamen City have participated in the city's digital transformation scheme for small and medium-sized enterprises, which significantly boosted production efficiency for the companies.

      Xiamen is one of the inaugural cities in the country piloting the digital transformation of small and medium-sized enterprises (SMEs). The Taiwan-invested companies that signed up for digital upgrades covered a wide range of industries including electronic devices, power transmission and distribution and medical instruments.

      In the production workshop of a Taiwan-funded circuit board company, digital screens display real-time operations, intelligent robots transport materials, and automatic pickers can quickly match the missing raw materials in the production process. A seven-step production line requires only four technicians.

      "They guided us in the digital system construction, process transformation, and some intelligent analysis. Our production efficiency has improved by about 10 percent to 15 percent," said Yang Zhijian, factory director of Junling Electronics (Xiamen) Company.

      Some Taiwan-funded enterprises are also actively promoting the digital transformation of the industrial chain and supply chain.

      "We have assisted more than 30 enterprises to complete digital assessment, and more than 20 enterprises to finish special transformation, effectively helping enterprises to solve the problems of low production efficiency and quality control," said Li Yong, consulting director of Youda Zhihui Intelligent Manufacturing (Xiamen) Company.

      According to statistics, the average production cost after the transformation is reduced by 15 percent, and the management efficiency is also greatly improved.

      "We are also encouraging these [digital] service providers to go global and take advantage of cross-strait exchanges and BRICS relations to help companies go overseas. We will also specifically organize supply and demand matching meetings between service providers and Taiwan-funded enterprises," said Song Luwen, director of Department of Small and Medium Enterprises under Xiamen Municipal Bureau of Industry and Information Technology.

      Taiwan enterprises benefit from mainland's digital transformation

      Taiwan enterprises benefit from mainland's digital transformation

      Taiwan enterprises benefit from mainland's digital transformation

      Taiwan enterprises benefit from mainland's digital transformation

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      Asian stocks rise as markets eye China's economic stimulus plans

      2025-03-18 01:32 Last Updated At:02:17

      Asian stock markets showed mixed but generally positive performance on Monday, as investors closely monitored China's latest economic data, potential stimulus measures, and upcoming interest rate decisions.

      On the Chinese mainland, the Shanghai Composite Index edged up by 0.2 percent, while the Shenzhen Component Index dipped slightly by 0.18 percent.

      In Hong Kong, the benchmark Hang Seng Index rose by 0.8 percent.

      In Japan, Tokyo stocks continued their upward trend, driven by strong buying momentum following last week's rally in U.S. markets.

      Semiconductor-related stocks led the rebound, with the Nikkei Stock Average climbing by 0.93 percent from the previous trading day.

      South Korea's KOSPI Index also posted significant gains, rising by 1.73 percent.

      Asian stocks rise as markets eye China's economic stimulus plans

      Asian stocks rise as markets eye China's economic stimulus plans

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