Company account of the largest database & tools for industrial product market of China & Southeast Asia, developed by Market Intelligence Resource.mir-industry.ca Toronto, CanadaJoined March 2017
Ministry of Industry and IT release 10/14: Based on company reports and research estimates, lithium battery production in July exceeded 145GWh, out of which production of power battery exceeded 104Gwh. China's July lithium battery export reached CNY 65.4Bil.
Passenger car sales in India from April to September increased by 40% year-on-year to 1.937 million vehicles, a record high for the same period. Sales of major automakers rose as semiconductor shortages eased.
The Chinese Ministry of Industry and Information Technology release: During July, China's photovoltaic cell production reached 44.6GW. From January to August, about 108GW of PV modules was exported in total, export volume increased by 70.2% YoY.
According to official Japanese data release on Sept 27, in August, China’s machine bed orders valued JPY 29.8 billion, up 24.9% YoY, out of which, auto industry’s machine bed orders were up 48%.
Vietnam’s Q3 GDP grew 13.67% YoY and reached VND 2373 trillion (~USD 99 billion). It marks the highest quarterly growth in the past decade, thanks to its booming manufacturing sector and strong export. Vietnam’s GDP growth for first three quarters of 2022 now reaches 7.1%.
China’s September PMI is 50.1%, up 0.7% from August, squeezing into the expansion territory. This is the second time PMI touches expansion in half a year.
We are honored to open our first branch out of Asia in the great city of Toronto. We look forward to serving North American clients from our Toronto office.
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