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Chinese-English Comparison Table of Commonly Used Economic Terms
Money Matters: Common Economic Terms and Their Meanings
The world of economics is complex and filled with terminology that can be difficult to understand. To make things easier, here is a helpful guide that defines some of the most common economic terms and their meanings.
Gross Domestic Product......
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Commonly used German for machinery: machine tools
The Use of Machine Tool in Modern Society
The use of machine tools in modern society is extremely widespread and they are now used in almost every industry. Machine tools are used to cut and shape materials, including metals, into various products. Machine tools use power to shape parts in automa......
English Vocabulary of China's Industrial Machinery and Equipment Export Commodities
The export of industrial machinery and equipment in China
China is a major exporter of industrial machinery and equipment, ranking among the top three in the world for the sector. In recent years, the country has seen substantial growth in the number of foreign buyers of its machinery, as more ......
A complete list of commonly used terms for foreign trade in factories
International Trade Business Terms
Incoterms: Incoterms (International Commercial Terms) is a set of three-letter trade terms developed by the International Chamber of Commerce (ICC) and published in the Incoterms 2020 rules. The Incoterms rules are accepted by governments, legal authorities, and......
China Metallurgical Refractories Industry
China Ferritic Refractory Materials Industry
China is one of the largest producers of ferritic refractory materials in the world. The ferritic refractory materials industry of China is a mature and highly specialized industry with a high degree of integration with the global economy. The industry......
ironworks material transport
Iron Ore Transportation
Iron ore is one of the most important commodities for any nation, as it is essential for producing steel. Steel is used for the production of buildings and infrastructure, as well as for durable goods like cars, washing machines, and other appliances. In order to produce s......
apparent consumption
The Impact of Consumer Spending
Consumer spending is an important part of an economy and is key to economic growth and stability. Consumer spending is defined as the total value of goods and services purchased by consumers in a given period of time. It is a major component of GDP and has a signifi......
Distribution of iron ore resources in the world
World Iron Ore Resources Distribution
Iron ore is a mineral substance which, when heated in the presence of a reductant, will yield metallic iron (Fe). It almost always consists of iron oxides, the primary forms of which are magnetite (Fe3O4) and hematite (Fe2O3). Iron ore is the source of primary......
China Bearing Industry
Introduction
The Chinese Bearing Industry is one of the worlds oldest and most comprehensive bearing markets. It is home to a wide range of industries ranging from automotive and aerospace to medical supplies, industrial equipments and other associated industries. The industry has advanced signi......
modern machine building-industry in China
The modern machine building industry in China is an industry that has developed rapidly in Chinese history. It is an important industry for promoting economic development, improving the level of industrial technology, and forming an important part of the national economy. In recent years, the deve......
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