Today, the growth of industry in Asia is an evidence of a high level of economic dynamism and the region’s growing status as a global leader. Comprising developed economies as Japan or South Korea and a rapidly growing region, Asia's industrial sector has been experiencing a robust growth, propelled by different factors. One of the main drivers of industrial growth in Asia is the population which is huge and besides it provides the market for the finished industrial goods. With the advantage in labor force, in addition to the increasing urbanization and high income level, industries have been experiencing high demand for products and services which has consequently increased industrial production and manufacturing activities.
Besides, Asia's regional position as the main trade center implies it to be a manufacturing and exporting powerhouse. The association... >>More
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