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

Comments

Popular posts from this blog

Singapore’s manufacturing output declines 0.9 pct on year in October

Abstract : Singapore Economic Development Board announced on Thursday that the country's manufacturing output decreased 0.9 percent year on year in October, compared to a revised 25.6 percent rise in September. SINGAPORE, Nov. 26 (Xinhua) — Singapore Economic Development Board announced on Thursday that the country’s manufacturing output decreased 0.9 percent year on year in October, compared to a revised 25.6 percent rise in September. Excluding biomedical manufacturing, the output fell 2.7 percent in October from a year ago. On a seasonally adjusted month-on-month basis, Singapore’s manufacturing output decreased 19 percent in October. Excluding biomedical manufacturing, the output fell 2.9 percent. As for the performance of different clusters, the electronics cluster’s output fell 0.6 percent year on year in October, compared to a revised 33.1 percent increase in September. The biomedical manufacturing cluster saw its output grow 10.2 percent in October, compared to a revi...

China’s Greater Bay Area to take lead in traditional medicines

Abstract : Guangdong, Hong Kong and Macao will strengthen cooperation in building a "highland" for the traditional Chinese medicine (TCM) sector, according to an official plan unveiled on Thursday. GUANGZHOU, Oct. 23 (Xinhua) — Guangdong, Hong Kong and Macao will strengthen cooperation in building a “highland” for the traditional Chinese medicine (TCM) sector, according to an official plan unveiled on Thursday. The plan was jointly released by the National Administration of Traditional Chinese Medicine, the office of the leading group for the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the provincial government of Guangdong. According to the plan, the bay area aims to take the lead in innovation, industry development and personnel training of TCM, as well as promoting its internationalization. The region plans to build a group of high-level TCM hospitals by 2022 and help several well-known local TCM brands enter the global market. By 2025, the inter...

Economic Watch: China’s industrial profits rebound, pressure persists

Abstract : Profits of China's major industrial firms rebounded in the second quarter (Q2) as business activities continued to pick up, but the recovery still faces uncertainties due to the global spread of COVID-19. BEIJING, July 27 (Xinhua) — Profits of China’s major industrial firms rebounded in the second quarter (Q2) as business activities continued to pick up, but the recovery still faces uncertainties due to the global spread of COVID-19 . In Q2, profits of industrial companies with annual revenue of more than 20 million yuan (about 2.86 million U.S. dollars) rose by 4.8 percent year on year, reversing the 36.7-percent decline in Q1, the National Bureau of Statistics (NBS) said on Monday. In June alone, major industrial firms saw their profits rise by 11.5 percent to 666.55 billion yuan, widening by 5.5 percentage points from that in May, said NBS senior statistician Zhu Hong. The quickened growth in industrial production and sales, as well as the moderate drop in the fa...