https://www.scmp.com/rss/328758/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Dongguan, a city in China’s Greater Bay Area development zone that is also home to Huawei Technologies’ new campus, has recorded a sharp increase in home prices, which have been boosted by increased liquidity and speculative buying driven by hopes around its economy. “My landlord last year asked me whether I would like to buy the 110 square metre home I live in for 3.6 million yuan [US$514,096]. We, however, passed up on it, as we found it a bit over our budget. And now it is priced at 5 million... https://www.scmp.com/business/china-business/article/3093120/greater-bay-area-manufacturing-hub-dongguan-reports-rise?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3093120/greater-bay-area-manufacturing-hub-dongguan-reports-rise?utm_source=rss_feed Wed, 15 Jul 2020 02:30:08 +0000 After nearly three decades, Lin Danru, 54, fears that his sock factory’s days are numbered. Export orders have dried up amid the coronavirus pandemic. Domestic sales have plunged. And frankly, none of his five daughters want anything to do with the antiquated manufacturing business model. The warehouse of his factory, Staryee Knitting, in the manufacturing hub of Dongguan in southern China’s Pearl River Delta, is full of boxes upon boxes of unsold socks. Lin estimates 4 million unsold pairs are... https://www.scmp.com/economy/china-economy/article/3092889/chinas-manufacturing-hub-dongguan-sock-maker-struggles-keep?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3092889/chinas-manufacturing-hub-dongguan-sock-maker-struggles-keep?utm_source=rss_feed Mon, 13 Jul 2020 07:00:16 +0000 Some technology firms in China have maintained operations to manufacture parts and products despite government calls in various cities and provinces for companies to halt work to help stop the spread of a new coronavirus. Chinese telecommunications giant Huawei Technologies said on Monday it had resumed production of goods, including consumer devices and carrier equipment, and operations were running normally. The Shenzhen-based company restarted manufacturing after the Lunar New Year holiday in... https://www.scmp.com/tech/big-tech/article/3048763/huawei-chinese-chip-makers-keep-factories-humming-despite-coronavirus?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3048763/huawei-chinese-chip-makers-keep-factories-humming-despite-coronavirus?utm_source=rss_feed Mon, 03 Feb 2020 11:30:13 +0000 [Sponsored Article] Dongguan, one of the most well-known cities in the mainland to build up its economic miracle in the past decades due to its prosperous manufacturing industry, today, is a new key part of the “Chinese Silicon Valley-style tech corridor” as a new economic engine for the country.  Dongguan is sitting in the center of the Guangzhou-Shenzhen Technology Innovation Corridor, the most important economic belt that connects Guangzhou, Dongguan, Shenzhen and Hong Kong to accumulate the... https://www.scmp.com/presented/news/china/topics/investing-dongguans-smart-manufacturing/article/2165060/welcome-dongguan?utm_source=rss_feed https://www.scmp.com/presented/news/china/topics/investing-dongguans-smart-manufacturing/article/2165060/welcome-dongguan?utm_source=rss_feed Sat, 22 Sep 2018 07:16:51 +0000 Sichuan native Shu Hucheng is one of a dwindling number of migrant workers in Dongguan. Others have moved home or gone on to more promising cities. For Shu, 43, Dongguan lifted him from the rural poverty of sweet potato farming. “Dongguan dragged me out of poverty but it also pushed me to another deep end … Without Deng Xiaoping’s reform and opening up policy, we wouldn’t be here today,” Shu said. It has also beaten him down – he was assaulted last year after police marked him as the leader of a... https://www.scmp.com/news/china/economy/article/1908541/stuck-past-how-chinas-manufacturing-powerhouse-dongguan-got-left?utm_source=rss_feed https://www.scmp.com/news/china/economy/article/1908541/stuck-past-how-chinas-manufacturing-powerhouse-dongguan-got-left?utm_source=rss_feed Mon, 01 Feb 2016 14:16:44 +0000 Dongguan, the once gritty hub of Guangdong's manufacturing in the Pearl River Delta, got some bad news late last month as economic data confirmed that a slowdown has taken hold in the region. The city's economic output grew just 1.3 per cent in the first three months of this year, ranking it last among the province's 21 cities; growth was far below the average provincial gross domestic product increase of 7.2 per cent. Nationwide, GDP grew 8.1 per cent in the same period, down from 8.9 per cent... https://www.scmp.com/article/1000774/days-manufacturing-glory-dongguan-appear-be-over?utm_source=rss_feed https://www.scmp.com/article/1000774/days-manufacturing-glory-dongguan-appear-be-over?utm_source=rss_feed Fri, 11 May 2012 16:00:00 +0000