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German car parts supplier ElringKlinger to save 50 million euros
Given the slump in the worldwide car industry, the German automotive supplier ElringKlinger plans to save 50 million euros (55 million dollars) in material costs this year and invest significantly less than last year.
August21,2019
S China's Guangzhou unveils guideline to reduce manufacturing costs
South China's Guangzhou, capital city of Guangdong Province, issued a guideline on a string of concrete measures recently to further reduce manufacturing costs and support the development of the real economy.
June11,2019
China to further lower logistics costs
China plans more measures to lower logistics costs this year, according to the National Development and Reform Commission (NDRC).
March08,2019
China steps up efforts to cut business costs
With lowering business costs high on the agenda, Chinese government this year has rolled out a series of concrete measures to alleviate tax and cost burdens off the real economy, said Chinese newspaper Securities Daily Friday.
May25,2018
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