Innovation is the name of the game
By Qiu Quanlin in Guangzhou | China Daily | Updated: 2014-02-10 07:21
Manufacturers in the trade city are finding they have to change way they do things
Years of effort in upgrading business, especially building a relationship with overseas companies in working together on innovation and technology, has greatly helped at least one company better tap the international market amid the lower global demand for Chinese energy equipment.
"Only by improving products and continuing to innovate can traditional manufacturers avoid losses caused by low global demand and the stronger yuan," says Shen Jianshan, president of Camda New Energy Equipment Co.
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