Manufacturing in China In the majority of times small medium enterprises (SME’s) are at a disadvantage comparing to large multinationals. They cannot benefit from the economies of scale that the larger multinational firms can. SME’s more or less, have to follow the market and increasingly the market is looking towards china. Low-cost country sourcing (LCCS) …
China Sourcing for SME’s: Why SME’s produce in China Read More »
Manufacturing in China In the majority of times small medium enterprises (SME’s) are at a disadvantage comparing to large multinationals. They cannot benefit from the economies of scale that the larger multinational firms can. SME’s more or less, have to follow the market and increasingly the market is looking towards china. Low-cost country …
China Sourcing for SME’s: Why SME’s produce in China Read More »
In his opening speech at China’s annual National People’s Congress in Beijing last week, Premier Li Keqiang highlighted a new strategic plan, called “Made In China 2025”, to reform and reinvigorate Chinese industry over the next ten years around the country’s own smart manufacturing initiative.”We will implement the ‘Made in China 2025’ strategy, seek innovation-driven …
China is passing through a series of changes in its economy underlined under the “New Normal” tag, during the last year Chinese rulers have established a series of reforms to help the economy shape its new path: One belt- One Road, Made in China 2025, Manufacturing 4.0, are just a few of those promising reforms …
HSBC’s report on China’s Manufacturing PMI is out, here the report highlights: • Flash China Manufacturing PMI™ at 49.6 in June (49.2 in May). Three-month high. • Flash China Manufacturing Output Index at 50.0 in June (49.3 in May). Two-month high. Commenting on the Flash China Manufacturing PMI survey, Annabel Fiddes, Economist at …
HSBC Flash China Manufacturing PMI™ June Figures Read More »
In 2014, China’s top 10 exports accounted for 66.9% of the overall value of its global shipments. Exports from the People’s Republic of China amounted to US$2.343 trillion, up 48.5% since 2010. Based on statistics from the International Monetary Fund’s World Economic Outlook Database, China’s total Gross Domestic Product amounted to $17.632 trillion in 2014.Therefore, …
Advantages of ODM for China China has been largely recognised as the “factory of the world” this is due to the thirty years of high development after the Reform and Opening. With over 1/3 of OEM businesses are provided by China, however 20% of the domestic brand market uses OEM (Yang & Liu, 2009). China …
Sourcing in China Podcast by Matt Ward A Podcast by Matt Ward describing his experience of sourcing in China for his Shido product stand. The difficulties and challenges that he had to overcome to successively create his product in China. Some of Matt’s key points 1. Manufactures seem to want to …
No doubts China is an excellent option when outsourcing manufacturing and sourcing parts for your products, but the massive amount of options and suppliers in the Chinese market can seem overwhelming and if not taken all the needed cautions when choosing the best option some pitfalls can occur during the manufacturing or sourcing process. Since …
Common Mistakes when outsourcing manufacturing and sourcing from China Read More »
This week China2West’s blog will be doing a series of posts about doing business in China. Doing business in China should be seen as a fun and exciting adventure, however business culture is very different in China. To ensure that you follow the business etiquette in China here is a top ten list of things …
Top Ten Chinese Cultural Rules for Doing Business in China Read More »