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Chinese Standard Movement
The Chinese Standard Movement, also commonly known as the "Tongji" (Chinese: 统机, "unified") movement, is a mechanical watch movement that was developed in the People's Republic of China during its fourth Five-Year Plan in the 1970s. It was designed by engineers from several early Chinese watch factories as part of a Ministry of Light Industry initiative to consolidate the industry, and with a few exceptions it became mandatory for all factories to discontinue the production of their own movements and to mass-produce the standard movement. Because of this, the production of the standard movement defines an entire era in the history of Chinese watchmaking. Once the most commonly produced mechanical/automatic watch movements in China, the numbers produced and their quality (at least for a majority of produced movements) have since declined significantly; today the movement lives on typically in simple (even crude) automatic and skeletonized (i.e. using hollowed-out parts and s ...
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Standard Movement
Standard may refer to: Symbols * Colours, standards and guidons, kinds of military signs * Standard (emblem), a type of a large symbol or emblem used for identification Norms, conventions or requirements * Standard (metrology), an object that bears a defined relationship to a unit of measure used for calibration of measuring devices * Standard (timber unit), an obsolete measure of timber used in trade * Breed standard (also called bench standard), in animal fancy and animal husbandry * BioCompute Standard, a standard for next generation sequencing * ''De facto'' standard, product or system with market dominance * Gold standard, a monetary system based on gold; also used metaphorically for the best of several options, against which the others are measured * Internet Standard, a specification ratified as an open standard by the Internet Engineering Task Force * Learning standards, standards applied to education content * Standard displacement, a naval term describing the ...
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Quartz Crisis
The quartz crisis was the upheaval in the watchmaking industry caused by the advent of quartz watches in the 1970s and early 1980s, that largely replaced mechanical watches around the world.Smithsonian: The quartz revolution revitalized the U.S. watch industry.
It caused a significant decline of the Swiss watchmaking industry, which chose to remain focused on traditional mechanical watches, while the majority of the world's watch production shifted to Japanese companies such as ,
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Watches
A watch is a portable timepiece intended to be carried or worn by a person. It is designed to keep a consistent movement despite the motions caused by the person's activities. A wristwatch is designed to be worn around the wrist, attached by a watch strap or other type of bracelet, including metal bands, leather straps or any other kind of bracelet. A pocket watch is designed for a person to carry in a pocket, often attached to a chain. Watches were developed in the 17th century from spring-powered clocks, which appeared as early as the 14th century. During most of its history the watch was a mechanical device, driven by clockwork, powered by winding a mainspring, and keeping time with an oscillating balance wheel. These are called ''mechanical watches''. In the 1960s the electronic ''quartz watch'' was invented, which was powered by a battery and kept time with a vibrating quartz crystal. By the 1980s the quartz watch had taken over most of the market from the mechani ...
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Marque
A brand is a name, term, design, symbol or any other feature that distinguishes one seller's good or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and store value as brand equity for the object identified, to the benefit of the brand's customers, its owners and shareholders. Brand names are sometimes distinguished from generic or store brands. The practice of branding - in the original literal sense of marking by burning - is thought to have begun with the ancient Egyptians, who are known to have engaged in livestock branding as early as 2,700 BCE. Branding was used to differentiate one person's cattle from another's by means of a distinctive symbol burned into the animal's skin with a hot branding iron. If a person stole any of the cattle, anyone else who saw the symbol could deduce the actual owner. The term has been extended to mean a strategic personality for a product or company, ...
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Escapement
An escapement is a mechanical linkage in mechanical watches and clocks that gives impulses to the timekeeping element and periodically releases the gear train to move forward, advancing the clock's hands. The impulse action transfers energy to the clock's timekeeping element (usually a pendulum or balance wheel) to replace the energy lost to friction during its cycle and keep the timekeeper oscillating. The escapement is driven by force from a coiled spring or a suspended weight, transmitted through the timepiece's gear train. Each swing of the pendulum or balance wheel releases a tooth of the escapement's ''escape wheel'', allowing the clock's gear train to advance or "escape" by a fixed amount. This regular periodic advancement moves the clock's hands forward at a steady rate. At the same time, the tooth gives the timekeeping element a push, before another tooth catches on the escapement's pallet, returning the escapement to its "locked" state. The sudden stopping of the esc ...
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Invicta Watch Group
Invicta is an American watch designer and manufacturer headquartered in Hollywood, Florida. Invicta began as a Swiss watch company in 1837 founded by Raphael Picard in La Chaux-de-Fonds, Switzerland.About Invicta
Invicta corporate website


History

In the early 1980s, Invicta went bankrupt and was sold in 1983 to Ondix S.A, which continued producing Invicta watches in Switzerland. Ondix folded due to disappointing sales, and Invicta was re-established in 1991 when acquired by American owners. In April 2016, Invicta acquired Swiss watch manufacturer , with Invicta CEO promising to respect Glycine's independence as it supports the Swiss watchmaker financially.


Li ...
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Economy Of Hong Kong
The economy of Hong Kong is a highly developed free-market economy. It is characterised by low taxation, almost free port trade and a well-established international financial market. Its currency, called the Hong Kong dollar, is legally issued by three major international commercial banks, and is pegged to the US dollar. Interest rates are determined by the individual banks in Hong Kong to ensure that they are market driven. There is no officially recognised central banking system, although the Hong Kong Monetary Authority functions as a financial regulatory authority. Its economy is governed under positive non-interventionism, and is highly dependent on international trade and finance. For this reason it is regarded as among the most favorable places to start a company. In fact, a recent study shows that Hong Kong has come from 998 registered start-ups in 2014 to over 2800 in 2018, with eCommerce (22%), Fintech (12%), Software (12%) and Advertising (11%) companies comprising ...
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Return Of Hong Kong To China
Sovereignty of Hong Kong was transferred from the United Kingdom to the People's Republic of China (PRC) at midnight on 1 July 1997. This event ended 156 years of British rule in the former colony. Hong Kong was established as a special administrative region of China (SAR) for 50 years, maintaining its own economic and governing systems from those of mainland China during this time, although influence from the central government in Beijing increased after the passing of the Hong Kong national security law in 2020. Hong Kong had been a colony of the British Empire since 1841, except for four years of Japanese occupation from 1941 to 1945. After the First Opium War, its territory was expanded on two occasions; in 1860 with the addition of Kowloon Peninsula and Stonecutters Island, and again in 1898, when Britain obtained a 99-year lease for the New Territories. The date of the handover in 1997 marked the end of this lease. The 1984 Sino-British Joint Declaration had ...
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Tianjin University
Tianjin University (TJU, ), formerly Peiyang University (), is a national public research university in Tianjin, China. The university was established in 1895 by Guangxu Emperor's royal charter to be the first university of China. It is now funded by the Ministry of Education of China, while being a member of the national Double First Class University Plan, Project 985, and Project 211. The university was established in 1895 as Imperial Tientsin University () and later Peiyang University. In 1951, after restructuring, it was renamed Tianjin University, and became one of the largest multidisciplinary engineering universities in China, one of the first 16 national key universities accredited by the nation in 1959. It is now among the first group of institutions of higher learning to be included in the national "Double First Class University Plan" and former ministerial "Project 211" and "Project 985" by which it is given priority in construction. In order to carry out the "21st Ce ...
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Mechanical Watch
A mechanical watch is a watch that uses a clockwork mechanism to measure the passage of time, as opposed to quartz watches which function using the vibration modes of a piezoelectric quartz tuning fork, or radio watches, which are quartz watches synchronized to an atomic clock via radio waves. A mechanical watch is driven by a mainspring which must be wound either periodically by hand or via a self-winding mechanism. Its force is transmitted through a series of gears to power the balance wheel, a weighted wheel which oscillates back and forth at a constant rate. A device called an escapement releases the watch's wheels to move forward a small amount with each swing of the balance wheel, moving the watch's hands forward at a constant rate. The escapement is what makes the 'ticking' sound which is heard in an operating mechanical watch. Mechanical watches evolved in Europe in the 17th century from spring powered clocks, which appeared in the 15th century. Mechanical watches ar ...
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Made In China
Made in China, Product of China or sometimes Made in PRC is a country of origin label affixed to products manufactured in the People's Republic of China. The ''Made in China'' label is the most recognizable label in the world today, due to the country being the largest exporter in the world. Due to the common association of the label with cheap, low-quality, and often dangerous products, the phrase "Made in China" is often used in a pejorative manner to refer to any low-quality products regardless of origin. Manufacturing China is currently the world's number-one manufacturer. China has been continuing to improve their ways of manufacturing by using robots and large scale factories. Branding The "Made in China" brand was historically challenged by the US Cold War media campaigns that reported negatively on the brand and publicized hearings on the security of Chinese products in the United States Congress. Representative competition Since the 21st century, China’ ...
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