Among the first three batches of Little Giant enterprises, 114 grew into Manufacturing Champions.58 Little Giant firms such as Leaderdrive, Endovastec and Unicomp Technology are helping to enhance China’s industrial self-reliance. They have contributed to advancing localization in strategic sectors such as robots, medical equipment and semiconductors. The city of Nanjing intends to cultivate 1,000 Specialized SMEs, 300 Little Giants and 30 Manufacturing Champions and has issued a dedicated policy to boost SME-university collaboration.
Based on the above calculation method, digital technology level index of China’s manufacturing industry from year 2000 to 2014 was calculated as following (Fig 2). Corruption functions as a disincentive for manufacturing investment in some countries.
A minute difference in those product specifications as mentioned earlier can have a massive impact on price. It is not as if without product specifications in mind, you wouldn’t find a manufacturer in China, but it will only makes your search for the right manufacturer a long ride. If you intend to source your products in China, then creating your product specifications is everything. However, we have helped many people in the same boat make informed decisions when importing from China, and we leverage our guides to do so. In this guide, we will cover everything you need to find the right Chinese manufacturer. Read more about China Business Strategy Consulting here. “The Chinese market is very big and policy incentives are very generous. This means China can not only produce a lot of [renewable energy devices], but also consume many of them internally,” says Li Shuo, a global policy advisor for Greenpeace East Asia.
Ways on How to Find Manufacturers of Quality Products (
That requires intense logistical planning from the factory and any temporary storage to the port, tracking deliveries while they’re in transit, and making sure you have the appropriate documents and paperwork to pass customs. Risk MGMT – many companies failed with proper Risk MGMT in which they should have had back up plans ready to go if something happened to their key/main suppliers. They also should have spread the risk, in which they could have more suppliers spread around and be able to shift production to another supplier(s).
How Manufacturing in China Saves Money – Reality or Myth?
It had specific goals for the growth of domestic EV brands, and prompted a separate action plan to grow the manufacturing of power-generation equipment for solar, wind and other renewable energy sources. That China as a consumer of agricultural products has drawn far less attention than China as a manufacturer would strike an observer from the 1990s as odd. With its large population and its increasing taste for meat, it was a legitimate concern whether global agriculture could satisfy increasing Chinese demand. ”, asked Lester Brown in an influential article of the same title (Brown 1994). Farmers around the world would struggle to expand supply to meet Chinese demand, Brown warned, and the resulting steep increase in global food prices would be disastrous for the world’s poor. Our sourcing agent will help you find factories, negotiate competitive prices, monitor production, ensure quality, and deliver products to your doorstep.
Economics of Agglomeration: Cities, Industrial Location, and Globalization
In my opinion, you should get product samples from your three best suppliers for critical evaluation. Tradeshows are one of the best platforms where you would find genuine Chinese manufacturers. You get to meet manufacturers who do not even advertise themselves on Alibaba. However, you can still find a lot of manufacturers’ information on this platform. It might feel like a massive effort to create a product spec, but it will get you started searching for a Chinese supplier.
After you have accepted a quote, your sourcing agent will conduct a factory audit. Other than an assessment of the equipment, staff headcount, processes and management structure, factors like working conditions, social responsibility and the attitude of the owner will tell you if they’re a supplier worth partnering with for the long-term.
