2020.03.06 09:05 GMT+8

R&D investment helps manufacturers reduce losses from coronavirus fallout

Updated 2020.03.06 09:05 GMT+8
CGTN

Automotive accessories suppliers in southern Guangdong Province are resuming production, as the COVID-19 outbreak is gradually contained in China. The previous suspension of production has put the global auto supply chain under great pressure due to shortages of parts supplied by Chinese factories. While manufacturers are working around the clock to lower the losses, some are taking the advantage of their industrial upgrading efforts, including investment in R&D.

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