Global Times: The power of efficiency: Why have Chinese factories become 'training grounds' for executives from global automakers? [Yahoo! Finance]
BYD CO LTD UNSP/ADR (BYDDY)
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Source: Yahoo! Finance
shuttles swiftly and precisely carries batches of skilled workers to their respective workstations. On the ground, cargo trailers weave through the industrial park, delivering batteries, motors, body structures, and other components to various workshops. When Global Times reporters visited Chinese new-energy vehicle (NEV)-maker BYD's megafactory in Zhengzhou, Central China's Henan Province, this multi-level transportation system was unfolding. The beauty of modern industry, with its efficient flow of various production factors, is truly breathtaking. The global automotive industry has now spanned more than a century of development. Today, China has achieved leapfrog development in the NEV industry in just more than a decade, fully demonstrating to the world the new accomplishments of Chinese modernization. These impressive achievements have also attracted numerous senior executives from global automakers to visit, observe, and "receive training" firsthand. The Zhengzhou megafactor
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