LIMO DRL28PB1-03 MOTOR OPTICAL ASSEMBLY W SLIDES LINEAR PRECISION Ranking TOP16 N-2 DEL-TRON

Headline

Analysis and Forecast of the British Manufacturing Market

The manufacturing industry occupies an important position in the British economy. Although the UK has declined in industrial scale, it still has some of the world’s top companies in steel, pharmaceuticals, biological breeding, aerospace, machinery, microelectronics, military, and environmental sciences, etc. All aspects are among the best in the world.

Hot

Trend

Integrate Technology to Build a Strong Machine Tool Industry Ecological Chain

In the face of rapid changes in the international situation, seeking to expand exports and increase the added value of exports, we must also consider how to build a stronger industrial chain through industrial structure adjustment and international market layout strategies to improve the overall industry’s ability to withstand external shocks.

Hot

Trend

5G Changing The World! Four Practical Applications Of Artificial Intelligence And 5G

The world is poised to change forever with the implementation of fifth-generation connectivity for data networks across the world. 5G has been promised to be the savior to any connectivity problems we've had in the past and it's also been highlighted as a path towards a fully wireless future.

Hot

Trend

Towards Smart Manufacturing: The Current Situation and Future of Mechanical Arm Integrated Vision

The world has entered the era of Industry 4.0. robots assist human manufacturing, emphasizing the use of "human-machine collaboration" to move toward smart production. In recent years, the population aging problem faced by developed countries has caused the production costs of industry and manufacturing to increase year by year. Enterprises have deployed automation equipment to improve production efficiency. Various industries have also undergone tremendous changes in this intelligent wave.

Hot

Market News

The Output Value of Taiwan's Semiconductor Industry Is Growing

In 2020, Taiwan manufacturing output will decline by about 5%, but the semiconductor industry will maintain positive growth. Semiconductor refers to a material whose conductivity can be controlled. The upstream of the semiconductor industry chain is IP and IC design, the midstream is IC, wafer, mask or chemical manufacturing, and the downstream is the packaging and testing industry.

How to start digital reinvention?

New technologies bring forth the new. To strengthen the competitiveness of enterprises, AI and the cloud are irreversible trends. Enterprises should consider how to implement AI and the cloud in each application of the enterprise?

Manufacturing Industry
Global
Manufacturing Transformation
Industrial Digitalization
Digital Transformation
Manufacturing Trends

What is digital transformation?

Digital transformation is the process of applying digital technology to recreate the way work is done to create and provide new value.

Manufacturing Industry
Industrial Trends
Smart Transformation
Manufacturing Transformation
Digital Transformation
Manufacturing Trends
Global

The Manufacturing Industry Introduces A New Manufacturing Model

The manufacturing industry has multiple operational obstacles caused by the epidemic. How can companies use digital technology to strengthen the industrial ecological chain and their own health in an all-around way?

Manufacturing Industry
Global
Industrial Manufacturing
Manufacturing Upgrade
Manufacturing Trends

Is Low-carbon Production the Solution to Global Climate Change?

Countries are actively developing manufacturing heavy industries and infrastructure to drive market growth, but they often pay environmental costs accordingly. Approximately 70% of global greenhouse gas emissions come from infrastructure construction and operation, such as power plants, buildings, and transportation, promoting society's emphasis on low-carbon manufacturing plans.

Global
Environmental Protection
Environmental Awareness
Low Carbon Manufacturing

The Future Trend of the Information Software Industry?

The information software in IT industry is expected to grow at a considerable rate in the global software market from 2021 to 2026.

IT Industry
Global
Information Technology
IT
Software Service

What Is Industrial Internet of Things?

Industrial Internet of Things (Indusrial IoT, or IIoT) is the expansion and use of the Internet of Things (IoT) in industrial applications. Industrial IoT focuses on machine-to-machine (M2M) communication, big data, and machine learning (ML) to make industrial operations more efficient and reliable. IIoT covers the entire industrial application, including robotics, medical equipment, and software-defined production processes.

Global
Industrial Manufacturing
Industrial Trends
Smart Transformation
Industry 4.0
IoT
Manufacturing Trends
IIoT (Industrial Internet of Things)
IT Industry

How Does the Manufacturing Industry Integrate and Develop with AI Technology?

Improving production efficiency is the foundation for the manufacturing industry to gain a firm foothold. The manufacturing industry achieves smart operations by introducing AI applications, automatically identifying abnormalities, or making adjustment suggestions, and assisting companies in achieving more accurate adjustments to machines and upgrading equipment. During the process, the traditional manufacturers are transformed into the smart manufacturers.

Global
Industrial Manufacturing
Manufacturing Technology
AI
AIoT
Smart Manufacturing
Manufacturing Transformation
Manufacturing Trends
AI & IoT
Manufacturing Industry

The Characteristics of Non-Woven Fabric and Its Uses in Agriculture

Non-woven fabrics have been produced in the early stages of the development of the petrochemical industry. During the time, non-woven fabrics are only used for their softness and bulkiness in packaging, covering, and filling. Due to the rapid development of material science, the application scope of non-woven fabrics has expanded to various fields of industry and commerce, civil engineering, medical treatment, agriculture and environmental engineering, and its existence can be seen everywhere; especially for the very early uses in Agriculture.

Textile, Fabric, Yarn
Global
Non-Woven Fabric

Growth Drivers of the Global Cloud Server Market

The cloud server market is a cloud infrastructure service that allows service providers and end-users to use virtual networks to build architectures.

IT Industry
Global
Cloud Technology
Server

Ultra-Precision Machining System Technology, Cross-Domain Integration Added Value

Micromachining technology is an important support technology for modern high-tech warfare, and is the development foundation and direction of modern high-tech industries, science and technology.

Precision Machining
Processing Technology
Global

How Will AI Robots Disrupt the Manufacturing Industry?

Artificial intelligence has brought in a new generation of robotics technology: Robotics 2.0. The principal challenge is the transformation from original manual programming methods to true autonomous learning. Faced with this challenge for innovation in AI robotics, how can Taiwan's manufacturing industry best seize the opportunity?

IT Industry
Asia / Pacific
Global
Smart Technology
Smart Transformation
AI
Industrial Robots
Automated Manufacturing
Smart Manufacturing
Robotic Arm
Automation Industry

A Zero-Waste Era that Considers Economic Growth

In the past, excessive consumption, wanton mining, indiscrete manufacturing, and careless abandonment of wastes, led to the rapid depletion of natural resources. Now, the pursuit of a circular economy, with the goal of zero waste through recycling of resources, is being implemented in an attempt to solve environmental problems.

Circular Economy
Global

At Digital Age, Facial Recognition Technology Has Improved

Artificial Intelligence, Machine Learning, Deep Learning, and Big Data are topics that have been frequently discussed recently. These technologies are used in many fields, including the financial industry, logistics industry, business analysis, unmanned vehicles, computer vision, natural language processing, etc., and have spread in every corner of life.

Global
Smart Technology
AI
Face Recognition
IT Industry
IT

Food Industry Trend in 2021

The capital expenditure for automation in the global industry food and beverage is approximately US$19 billion. This includes 9 billion US dollars in process equipment automation, 7 billion US dollars in packaging and material handling equipment, and the remaining 3 billion US dollars in production line automation.

Global
Food Products

Explore Opportunities in the Maternal and Child Market

The market for women and infants will fluctuate with changes in the market population, and consumption patterns will also respond to changes in society, moving towards online and offline channels for simultaneous sales. Consumers will also pay more attention to the safety, comfort, and fashionable compatibility of products.

Asia / Pacific
Global
Baby Products
Maternity Supplies

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The Textile Trend Is Towards Intelligent Manufacturing and Development of a Circular Economy

With the global economic development, the demand of the consumer market has driven the vigorous growth of the textile industry. However, under the business model of production-based sales, excessive production has not only caused environmental pollution but has also caused unnecessary waste of resources. Over the past few years, this has led the United Nations and the European Union, to begin to advocate "sustainability" and "environmental protection" as the focus of global development for the next 10 years.

Textile, Fabric, Yarn
Global
Smart Transformation
Artificial Intelligence
AI
Circular Economy

The Difference Between Manual And CNC Lathes, And How To Choose? Shun Chuan Can Help

If you own a manual or CNC lathe, or if you are thinking about buying your first lathe, you may think about what types of the lathe are more suitable for you.

Asia / Pacific
Industrial Manufacturing
Metal Manufacturing
Machine Tool Manufacturer
Lathe Machine
CNC Lathe

Lico CNC Lathe Processing Capacity Can Realize A 24-hour Unmanned Factory

Lico CNC Lathe Machinery Co., Ltd was established with more than 40 years of accumulated industry experience. It has been engaged in the manufacture of cam automatic lathes for 20 years, and its products are sold all over the world. All types of machinery are made of precision, ultra-high function, durable, suitable for mass production. All parts are interchangeable and easy to maintain.

Asia / Pacific
Taiwan Machine Tools
Machine Tool Manufacturer
CNC Machining Center
CNC Machine Tool Center
Lathe Machine
CNC Lathe
CNC Turning Machine
CNC Machine Tool
Machine Tool
Unmanned Factory

Due To Trade War, Manufacturers Accelerates Its Deployment in The ASEAN Market

Vietnam is one of the countries in Asia and the ASEAN that is most actively promoting regional economic integration. So far, it has passed and implemented 10 bilateral trade agreements, including ASEAN and Japan, South Korea, Chile, and the Eurasian Economic Union.

Asia / Pacific
Industrial Manufacturing
Metal Manufacturing
Machine Tool Manufacturer
Additive Manufacturing
Manufacturing Technology
Manufacturing Upgrade

What Plastics Recycling Could Offer? Song Ming Provides Various of Solution

Plastics waste is hurting the chemical industry as well as the environment. By taking the lead on recycling, chemical players could add a new dimension to the industry and help solve the problem.

Asia / Pacific
Machine Tool Manufacturer
Plastic Recycling

Transforming Healthcare With AI, MODERNSOLID Offers Telemedicine Cart-Physicians Preferable Flexible Solution

Artificial intelligence (AI) has the potential to transform how healthcare is delivered. A joint report with the European Union’s EIT Health explores how it can support improvements in care outcomes, patient experience, and access to healthcare services.

Medical Industry
Asia / Pacific
Industrial Manufacturing
Machine Tool Manufacturer
Manufacturing Transformation
Manufacturing Upgrade
Medical PC
Green Manufacturing

Purchasing Demand of Japanese Businessmen Is Gradually Recovering, and CHEVALIER CNC Lathe Products Are Favored

Falcon machine tools said that this time they negotiated with MIKIPULLEY and Ebarashoji, and both parties have agreed to arrange sample shipments and production line visits.

Asia / Pacific
Industrial Manufacturing
Metal Manufacturing
Taiwan Machine Tools
Machine Tool Manufacturer
Grinding Machine
Grinder
Grinding
Advanced Manufacturing
Advanced Manufacturing Technology

Why Precision Parts Matter in Aerospace Machining? Ocean Technologies Offer Competitive Machining Solutions

Aerospace components must guarantee personnel safety and facilitate the optimal performance of high-precision instruments and machines.

Asia / Pacific
Electrical Discharge Machining
Precision Machining
Processing Technology
Stamping Press
Stamping Press Machine
Injection Molding
Die Casting
Precision Cutting
Processing Method
Market Insight

With The Future Trend of Taiwan's Machine Tool Industry, Ares Seiki Boosts R&D Energy

The global economic development is weak in 2019. Events such as the China-US trade war, Brexit, Hong Kong anti-extradition, and Taiwan’s presidential election have greatly increased economic uncertainties.

Asia / Pacific
CNC Machining Center
CNC Machine Tool Center
CNC Program
CNC System
CNC Machine Tool

What Are The Component Layers That Will Form Future Healthcare Ecosystems?

Ecosystems are built on three layers: infrastructure, intelligence, and engagement.

Medical Industry
Asia / Pacific
Panel PC
Medical PC

The Essential Power Tool List About Surface Grinder

Sharpening, shaping, buffing, stripping, polishing, these are just a few applications possible with a variable bench grinder.

Asia / Pacific
Industrial Manufacturing
Metal Manufacturing
Metalworking Machine
Grinding Machine
Grinder
Grinding

Rong Fu Band Saw – What Is the Difference Band Saw and Scroll Saw?

Scroll saws and band saws look pretty similar at first glance. They both have a work table and feature a blade that runs perpendicular through the center of it. But that’s where the similarities end. These are actually two very different pieces of equipment.

Asia / Pacific
Sawing Machine
Sawing Process
Sawing Tool
SAW Process

62 Billion (NTD) International Big Orders Start, The Aerospace Supply Chain Takes Off With Smart Machinery

Although the recent impact of the COVID-19 (New Coronary Pneumonia) epidemic caused a short-term loss in the aviation industry, for the overall aviation market, the demand is still constant.

Asia / Pacific
Industrial Manufacturing
Metalworking Technology
Metal Manufacturing
Slotter Machine
The COVID-19
Supply Chain

The Laser Industry Is Moving Towards Smart: Tailift Group Is Positioned As A Value-Based Device Supplier

The revenue of the laser industry grows higher and higher in recent years. As manufacturing industry moves toward smart, intelligence and systematization, the laser manufacturing process has become an indispensable role in the manufacturing industry.

Asia / Pacific
Industrial Manufacturing
Industrial Trends
Laser Cutting
Laser Cutting Machine

Victor-Taichung Smart Factory Is Completed, Playing The Role of The Best Integration and Manufacturer of Industry 4.0 in The Future

In recent years, with the development of Industry 4.0, factory automation has become a future trend.

Asia / Pacific
Smart Technology
Industrial Trends
Industry 4.0
Smart Factory

What parts does the road bike have?

In response to the impact of sports trends and the epidemic, more and more people use bikes to commute or become the choice of leisure activities. But how many components do bikes have?

Bicycle Industry

How to Choose a Suitable Bicycle and Other Precautions?

Should I buy a road bike, mountain bike, folding bike, single-speed bike, or city bike? How to choose a bike that suits you?

Bicycle Industry

What Is Grinding and Its Working Principle and Type?

The principle of grinding precision machining: Grinding is an abrasive precision machining method that uses a lapping tool and abrasive to grind off a thin layer of metal from the surface of the workpiece based on fine machining.

Metalworking Technology
Processing Technology
Manufacturing Technology
Grinding Machine
Grinder
Grinding
Metal Technology
Machining Center
Global

What are the Software Service Industry and the Related Industrial Chain?

Software Service Industry belongs to all industries that are engaged in computer system design, data and information supply services, and software publishing.

Global
Cloud Technology
Software Service
IT Industry

What Are Gears and the Applications?

Gear transmission systems are widely used in various industrial products and equipment, from designing, manufacturing, testing to applying, and form a technical field of its own. In recent years, with the development and manufacturing of high-tech products, the non-cutting gears as plastics and powder metallurgy are used with non-metal cutting precision pinion transmission mechanisms more and more often as the metal cutting gears.

Gear
Machining Center
Global

What Are a Bolt and the Production Process?

Bolt is one of the basic hardware components in the engineering and construction industry. The production process of bolts has evolved into an advanced and high-tech multi-step process.

Metal Manufacturing
Manufacturing Process
Bolt
Hardware Products
Global
Hardware Components

Application of High-Pressure Processing Technology in Agricultural Food

Food safety issues have always been the focus of social concern, and various countries and organizations have also put forward relevant food safety regulations and testing standards to ensure the health and safety of food processing and food processing technology engaged with it.

High-Pressure Processing Technology (HPP)
Agriculture Products
Food Products
Food Processing
Global

What Is Selective Laser Sintering 3D Printing?

Selective laser sintering is an additive manufacturing technology that sinters small particles of polymer powder into a 3D three-dimensional structure through high-power laser light; thus, this is also called selective laser sintering 3D printing, or SLS 3D printing.

Print Industry
3D Printing Industry
3D Printing Technology
3D Printing
Selective Laser Sintering (SLS)
Global

What Is Metal Etching and Etching Process?

Etching is a technique to process the surface of the object by using chemical strong acid corrosion, mechanical polishing, or electrochemical electrolysis. In addition to enhancing aesthetics, it furthermore increases the added value of the object. From traditional metal processing to high-tech semiconductor manufacturing are all within the scope of applications of etching technique.

Metalworking Technology
Metal Manufacturing
Metal Processing
Metal Technology
Metal Etching
Global

What Is About Welding?

Welding is a technique and process for joining metals or other thermoplastics by heating or pressing.

Metal Welding
Arc Welding
Global

What Is a Data Processing Center?

Central data processing services are usually used to complete key tasks in computer and telematics processing; generally, include environmental control (air conditioning system to prevent fire, etc.), emergency power and redundancy, and high physical security.

Data Analysis
Cloud Data
Data Center
IT Industry

What is Automated Guided Vehicle?

During the operation of the factory, the flow of materials determines the production efficiency of the factory. Recently, automation equipment has gradually become a production line system, but the supply or handling of materials still relies on manual handling operations by personnel, resulting in often unsmooth logistics and production flow. Or there is an interruption, and the production line does not want to occupy a huge space, so Automated Guided Vehicle (AGV) technology responds to it to achieve unmanned handling.

AGV
Automation Industry
Global
Automated Industry
Automated Guided Vehicle

What Is a Smart Machine Tool?

Smart machine tools originally referred to various stand-alone machines with auxiliary software functions, developed for machine tool factories to improve machine tool operating efficiency. In recent years, under the wave of Industry 4.0, smart machine tools have been given new definitions. Besides having enhanced auxiliary functions, smart machines need to complete production in coordination with all the equipment in the factory through the communication interface.

Smart Technology
Smart Engineering
Smart Transformation
Smart Manufacturing
Automation Industry
Global
Automated Manufacturing
Automated Industry

What Is the Cloud?

"Cloud" refers to servers accessed through the Internet, as well as software and databases running on these servers. Cloud servers are in data centers around the world. By using cloud computing, users and companies do not need to manage physical servers or run software applications on their machines.

Cloud Technology
Cloud Data
IT Industry

What Are the Common Plastics Manufacturing Processes?

Plastic products can be seen everywhere in daily life, and different plastic products are made through different processing techniques. Plastics processing is the process of making plastic into semi-products or products with practical value. This usually includes primary processing and secondary processing of plastics.

Processing Technology
Production Process
Production Technology
Manufacturing Process

What Is the Granulation Process?

Plastic granulation technology is mainly used in plastic product manufacturing and resource recycling to make various plastic products or plastic raw materials, and has both environmental and economic benefits.

Plastic Recycling
Global
Manufacturing Technology

U.S. Is Committed to the Development of Advanced Manufacturing

Since Germany called out "Industry 4.0", the related issues have quickly fermented around the world. U.S. government immediately puts forward the "Advanced Manufacturing Partnership Program (AMP)" focusing on emerging technologies that can be quickly commercialized and sharing R&D facilities of government to promote industry one-stop collaborative R&D capabilities to reduce the risks of commercialization.

North America
Industrial Manufacturing
Engineering Manufacturing
Manufacturing Technology
Manufacturing Transformation
Advanced Manufacturing
Advanced Manufacturing Technology
Manufacturing Industry

Developments of Global Hand Tools Market

Today’s feature-rich hand tools enable manual operations to be more efficiently, comfortably, and safely, thereby increasing productivity, improving work quality, and reducing fatigue and wear.

Global
Home, Industrial & Tools
Asia / Pacific

Analysis and Forecast of Global Glass Market

The surge in the production of smartphones, the increasing penetration of artificial intelligence (AI) in commercial and consumer applications, and the decline in the price of consumer electronic devices are some of the main factors that may drive market growth of glass.

Global
Glass Process
Hardware Products
Hardware Components

Global Construction Trends

The prospects of the global construction industry are promising. The main driving forces of market growth are growth of urbanization and population, housing market, and infrastructure.

Asia / Pacific
Europe
North America
Global
Industrial Trends
Market Insight
Global Economy

The Current Development of the Turkish Machine Tool Market

Geographically, Turkey is a natural land bridge located on the east-west axis and the north-south axis. It connects European, Middle Eastern, African, and Central Asian markets, giving it great geographical and economic advantages. Holding this key global position, its central location creates an efficient and cost-effective export hinterland and market for major trading partners.

Middle East
Machine Tool Market
Machine Tool Export
Machine Tools Import
Machining Center
Manufacturing Industry

Global Semiconductor Market Pattern

According to forecasts, the compound annual growth rate of the semiconductor industry from 2021 to 2026 will exceed 6%. With the increase in investment in storage devices and semiconductor components, the technological advancement of the entire semiconductor industry is also constantly evolving. The emergence of the Internet of Things (IoT) and artificial intelligence (AI), as well as the proliferation of complex electronic products, are driving high-end applications in the consumer electronics and automotive industries, increasing the adoption rate of semiconductor manufacturing to meet growing demands.

Global
IT
Semiconductor Manufacturing
Semiconductor Industry

Water Hardware Industry Expands Demand for Smart Technology

Water hardware is an indispensable part of life. From the showerhead of the bathroom to the faucet of the kitchen, it is all connected to water flow. For the water hardware industry, the United States is the world's largest importer of water hardware and also exports to the global water hardware industry. The deepest impact in recent years has come from the rapid development of water hardware products in China and other developing countries. With its continuous expansion of product exports and market share, China is replacing countries such as Europe, America, and Japan, and has become an important production base and product sales market for water hardware.

Hardware Products
Global
Hardware Components

Global Smart Lock Industry Market

In recent years, global smart door lock technology has developed rapidly. As an important part of smart home access control, the smart lock market will grow substantially in the next few years.

Global
Smart Technology
Smart City
Electronics Industry
Hardware Products
Smart Sensors

The Development Trend of Optical Instrument and Equipment Manufacturing Industry

The optical industry is still the mainstream product sector in consumer electronics, and there is still a lot of room for innovation. Since smartphones are equipped with optical lenses, from the rear to the front, and from single-lens to multi-lens, hardware innovation not only facilitates consumers to take photos and videos but also directly drives the vigorous development of the optical industry.

Asia / Pacific
Global
Optoelectronic Industry

The Development Trend of Optoelectronic Materials and Optoelectronic Component Manufacturing

The optoelectronic material and component manufacturing industry is a branch of the electronic component manufacturing industry. It is a high-tech and capital-intensive industry. Components manufactured with optoelectronic technology or equipment with optoelectronic components as key components are all parts of the optoelectronics industry.

Electronics Industry
Optoelectronic Industry
Global
Asia / Pacific

The Development Trend of General Equipment and Machinery Manufacturing Industry

In recent years, Taiwan’s "mechanical transmission equipment industry", "pumps, compressors, stopcock and valve industry", "other general equipment and machinery", and other relevant industries have increased their production indexes, mainly because of the active demands for smart automation equipment which has driven the increase in overall output.

Asia / Pacific
Smart Transformation
Machinery Export
General Machinery

Epidemic Drives the Development of Demand Medicine and Medical Market

Due to the increase in demand for epidemic related drugs, screening reagents, and other products driven by the epidemic, the output value of drugs, medical supplies and other related products has increased.

Medical Industry
Asia / Pacific
Medical Equipment Market
Medical Device Market

Development Trends of Garment and Apparel Manufacturing Industry

The textile industry was a leading sector in Taiwan's early industrialization stage. The growth and achievements of the textile industry also led to the development of other industrial sectors. The garment and apparel product manufacturing industries are downstream industries in the textile industry chain. Its upstream includes fiber manufacturing, chemical additives, spinning, weaving, dyeing and finishing, and other industries. The garment and apparel product manufacturing industry are the processing stage in the industry chain. It is also an important industry that gives added value to textiles.

Textile, Fabric, Yarn
Asia / Pacific

China's Bearing Industry Development and Global Bearing Market Analysis

A bearing is an important part of contemporary mechanical equipment. Its main function is to support the mechanical rotating body, reduce the friction coefficient during its movement, and ensure its rotation accuracy. Therefore, its application range is very wide and the market demand is strong. The Asian region represented by China and Japan has accounted for more than half of the global bearing consumption and has become the world's largest bearing consumer market, followed closely by Europe and North America, with 25% and 20% respectively.

Asia / Pacific
Global
Market Insight
Bearing

Global Industrial Valve Opportunity Analysis and Industry Forecast

The global industrial valve market will reach 85.6 billion U.S. dollars in 2022. From the perspective of product technology leadership, European countries, especially Germany, and the United States, are the main leaders, followed by Taiwan, Japan, South Korea, China and India.

Global
Industrial Valve

With the Promotion of the Making Indonesia 4.0 Policy, Indonesia's Manufacturing Industry Opens Up Markets and Business Opportunities

The goal of Making Indonesia 4.0 is to achieve Indonesia’s entry into the top ten economies in the world by 2030. The roadmap of Indonesia’s Industry 4.0 is the key to enhancing the overall competitiveness of Indonesia’s industry in the future digital era, guiding the implementation of Indonesia’s national strategy, and where the interests are at stake. Cooperation and coordinated implementation between various industries aim to promote inclusive national growth and sustainable community welfare.