中国制造业对比美国已失成本优势
A new report has suggested that China's manufacturing industry is losing out to the United States in terms of its cost advantage.
一份新的报告显示,中国的制造业对比美国制造业已经失去成本优势。
According to the 2015 China Purchasing Development Report, Prices of energy, logistics and some raw materials in China have surpassed those in the United State.
The report said that the United States has slashed its energy costs with exploitation of shale gas, increasing the competitiveness of American manufacturers.
Citing a survey by the Boston Consulting group, the report also said the cost advantage of China's manufacturing industry over the United States has plummeted to 4 percent in 2014 from 14 percent in 2004.