The China (Tianjin) International Equipment and Manufacturing Industry Expo is showcasing about 4,000 sets of mechanical equipment, brought by 1,000 well-known companies of machine tools, robots, industrial automation and laser processing.
Nearly one third of the value of manufactured products sold around the world, or some $5.9 trillion in 2014 alone, comes from “intangible capital,” such as branding, design and technology, according to a WIPO study.