Taiyuan Iron & Steel (Group), or TISCO, has finally mastered the production of steel components for pen tips after trying for five years. It’s taken a long time for them to crack the production of quality steel balls used in pen tip. Chinese state-owned enterprises have manufactured pens have be reliant on steel imports from Japan.

In 2015, a widely publicised talkshow griped about the problem with big-wigs in Chinese industry. Things have improved, and China now moves up the value-chain. Read more.