Skip to main content

Feature: China’s SMEs accelerate digital transformation

Abstract : At a workshop in Haibo Group, the team leader's first task each morning was to assign job duties, which could often take an hour or more. Now with a few clicks, assigning the workload can be done within two minutes.

HANGZHOU, April 29 (Xinhua) — At a workshop in Haibo Group, the team leader’s first task each morning was to assign job duties, which could often take an hour or more. Now with a few clicks, assigning the workload can be done within two minutes.

Haibo Group, in Ningbo City, east China’s Zhejiang Province, has been using Alibaba’s communication app DingTalk since 2018. The new tool has significantly improved work efficiency and lowered costs, according to Lin Yaozuan, general manager of Haibo Group.

“More and more Chinese traditional small and medium-sized enterprises (SMEs) like us are beginning to feel the crunch of low efficiency in production and enterprise management,” said Lin, stressing the urgency of implementing digital transformation.

“The most important step is to digitize our experiences,” said He Shaojie, president of the group.

Now workers can browse their work arrangements, salary and performance via the digital tool, freeing themselves from the tedious work of the past.

“Being able to see performance on the phone in real time is not only helpful to our daily work, but can also impassion us,” said Chen Bo, a worker in Haibo.

Inclution is a digital transformation service provider founded in Hangzhou, Zhejiang’s capital, in 2018. Over the past three years, it has grown into one of the largest professional MES (Manufacturing Execution System) service provider for SMEs in the manufacturing sector in China.

“I was so excited when our users reached 100 because it demonstrated the increasing recognition of our product,” said Wang Kefei, CEO of Inclution. Now that their registered users have exceeded 500, the excitement has become “more of a sense of responsibility.”

At a valve manufacturing company in Zhejiang, such technology helped lower the value of warehouse inventory dramatically.

China is speeding up digitalization in the manufacturing sector. As outlined in the 14th Five-Year Plan for National Economic and Social Development and the Long-Range Objectives through the Year 2035, China will promote the deep integration of digital technology and the real economy, and empower the transformation and upgrading of traditional industries, so as to spur economic growth.

“SMEs’ demand for digital transformation is very urgent,” said Wang. “We’re working with these companies to search for areas that can be optimized, especially to tackle common problems in production, procurement, inventory and error-prone piecework.” Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: Feature: China’s SMEs accelerate digital transformation

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

China’s non-manufacturing PMI down in April

Abstract : The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 54.9 in April, down 1.4 percentage points from the March figure, the National Bureau of Statistics said Friday. BEIJING, April 30 (Xinhua) — The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 54.9 in April, down 1.4 percentage points from the March figure, the National Bureau of Statistics (NBS) said Friday. A reading above 50 indicates expansion, while a reading below reflects contraction. The expansion of the non-manufacturing sector continued to gather momentum but at a slower pace, said senior NBS statistician Zhao Qinghe. In April, the sub-index for business activities in the services sector stood at 54.4, down from 55.2 in March. The sub-indexes for business activities in rail services, air transportation and accommodation came in at above 65, indicating the rapid growth of business volumes in these areas, according to Zhao. The statisti...
Post a Comment
Read more

China expands QDII quotas as outbound investment demand grows

Abstract : China's foreign exchange regulator on Wednesday night expanded quotas under an outbound investment scheme to meet the growing demand of domestic investors. BEIJING, June 3 (Xinhua) — China’s foreign exchange regulator on Wednesday night expanded quotas under an outbound investment scheme to meet the growing demand of domestic investors. A total of 10.3 billion U.S. dollars in quotas was granted to 17 institutions under the Qualified Domestic Institutional Investor (QDII) program, a scheme for outbound investment , according to the State Administration of Foreign Exchange (SAFE). Among these institutions were fund companies, securities firms and insurers, as well as banks, said the regulator. The move brought China’s total QDII quota to 147.32 billion U.S. dollars. Under the QDII program, the country’s cross-border capital flows have been maintained in an orderly manner, satisfying the rising demand for outbound investment at home, said a SAFE official. T...
Post a Comment
Read more

Feature: Chinese scientists help Sri Lanka cope with marine disasters, climate change

Abstract : On June 2, hundreds of security personnel in COVID-19 protective clothing were busy removing tons of chemical pollutants and plastic from a beach in Colombo. About 9.5 nautical miles into the sea, they could see the charred remains of a foreign vessel swaying in the gusty monsoon wind. COLOMBO, June 3 (Xinhua) — On June 2, hundreds of security personnel in COVID-19 protective clothing were busy removing tons of chemical pollutants and plastic from a beach in Colombo. About 9.5 nautical miles into the sea, they could see the charred remains of a foreign vessel swaying in the gusty monsoon wind. On May 20, the X Press Pearl container vessel loaded with chemicals exploded and caught fire off Colombo Port. Many of the containers and other polluting materials on board fell into the sea and were being washed ashore, posing a serious threat to the environment. On day two after the explosion, Chinese experts from the China- Sri Lanka Joint Center for Education and Research (...
Post a Comment
Read more