It’s not just the US: Chinese factories are turning to automation as wages rise

Published on: 2017-07-21

SHARE THIS:

Quartz reported that IEMS Director Albert Park suggested due to the high worker turnover Chinese manufacturing firms have to pay workers higher salaries in order to retain them.

The article mentioned some of the findings of the China Employer-Employee Survey (CEES), and it highlighted the fact that 40% of manufactures in Guangdong and Hubei provinces had to implement automation because of labor shortages. It also emphasized that worker turnover rate approximately 25% in those provinces.

Read full article It’s not just the US: Chinese factories are turning to automation as wages rise

Related Content

[Bio] Albert Park

[News] China Employer-Employee Survey Releases First Report

[Media Coverage] China’s Factory Owners Prefer Robots to Job-Hoppers

[Event] Work and Income in the Age of AI & Robots — HKUST IEMS & IPP – EY Hong Kong Emerging Market Insights Series feat.  Richard B. Freeman

[Event] Can Robots Save Dongguan? – Barriers and Incentives to Automation in World’s Factory feat. Yu Huang

[Publication]  Upgrading the Workshop of the World: Can Automation Spur Economic Development in China? authored by Naubahar Sharif

Photo: AP/Mark Schiefelbein via Quartz

Tags: , , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *