Therefore, companies, which are the most popular in the sphere of industry discovered that there are other places than Europe that are far more competitive concerning inter alia labor costs. This explains why inter alia China
– a country with a population twice bigger than whole European Union, is so popular direction regards flow of the worldwide capital.
This means that in the future we can expect that owing to demographical reasons, more physical-oriented work would be rather done, above all, in China. On the other side, this doesn’t imply that Europe
is in front of great crisis.
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This rather implicates that regards industry on our continent there would be significantly bigger demand for employees with more professional knowledge, who would be responsible for the development of the technology.