Honda said last year it aims to raise its local purchase of U . S . auto parts and materials to dlrs 4 . 65 billion in the year ending March 1996, up 45 percent from the year ended March 1993.
32.
Curiously, their information on the local purchasing power seems to suggests the purchasing power ( and mean salaries ) are higher in Russia, compared with Latvia or Lithuania ( they still have Estonia's purchasing power as higher than in Russia ).
33.
On the national level, the equivalent of local purchasing is import substitution, the deliberate industrial policy or agricultural policy of replacing goods or services produced on the far side of a national border with those produced on the near side, i . e ., in the same country or trade bloc.
34.
Manufacturing is, nevertheless, still prominent in the city's economy ( 17 % ) and, concentrated mainly in the southside, it benefits as much from high local purchasing power and a large local supply of skilled labor as it does from its relationship to massive agriculture and industry just outside the city limits themselves.
35.
The Company and other investors invested and established 6 new companies to produce major parts and raw materials of compressor to replace the import and local purchasing in order to reduce the production costs and to improve product quality, and aim to be the leader in the motor compressor business in ASEAN . And its subsidiaries are as follows.
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