Since Shanghai was put under hard lockdown, many factories halted production. As the situation normalizes, Shanghai factories reopen to ensure economic growth and reach the planned annual growth rate for this year. China’s Ministry of Industry and Information Technology has published a “whitelist” containing the first batch of companies in Shanghai that are allowed to resume production under certain conditions.
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Factories in Guangdong Province, China
China is divided into over twenty provinces, five autonomous regions, four municipalities, and two special administrative regions. Manufacturing industries vary from province to province, and Guangdong is one of the most industrially developed provinces. What type of factories are in Guangdong Province, China?
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China is often called the World’s Factory. The reason is that China is the manufacturer producer in the world. In recent years, its value soared to an annual sum of 4 trillion USD, of which 2.5 trillion USD were exported. Due to their competitive prices and wide range of products, foreign companies often choose to source from Chinese factories. Let’s dive deep into the topic of factories in China.
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