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Since the export oriented manufacturing industry was seriously hit by the 2008 financial crisis, the pursuit of technology innovation has not only been the cry of the central government but also become important for enterprises and local government (Chen 2008; Wang and Li 2013).
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Over the past two years real consumption has contributed more to economic growth than has gross fixed capital formation; services oriented toward the domestic middle classes have grown more strongly than has export-oriented manufacturing.
"If our cargo capabilities are maxed out," he said, "less attention is paid to expand export oriented, high value manufacturing here".
As far as infrastructure is concerned, improving manufacturing is important and it needs to be export oriented.
"They are almost completely export oriented, and that's quite the reverse of the U.S".
Many smaller companies, being export oriented, have been especially hard hit by the global slowdown.
It is almost exclusively export oriented and provides today close to 10,000 direct jobs in regular or seasonal employment and more than 5,500 indirectly in such related industries as feed production, cage and net manufacturing, processing, services and support.
Fish utilizationIn general, offshore fishing is export oriented.
For a small developing country, it has a surprisingly sophisticated, export-oriented manufacturing sector.
Increasingly, however, Malaysia has emphasized export-oriented manufacturing to fuel its economic growth.
But that demand also lifted the Canadian dollar, which hurt export-oriented manufacturing in Ontario, Canada's industrial heartland.
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