Made in China is one of the most recognizable labels in the world today due to China’s rapidly developing large manufacturing industry. The country is the largest exporter in the world and the Made in China label can be seen on a huge range of goods from clothing to electronics.
As an origin label “made in China” affixed to products manufactured in the mainland China, excluding Hong Kong and Macau where all products made in those regions are labeled as “Made in Hong Kong” and “Made in Macau”. Products made in Taiwan do not use the “Made in China” label. Rather, they usually use “Made in Taiwan”, “Made in ROC” or “Made in Taiwan, ROC”. Continue reading
China’s exports slumped 6.6 percent to 170.11 billion U.S. dollars in March, customs data showed on Thursday,raising fresh concerns over the health of the trade sector and strength of the country’s economy.
The manufacturing industry is an important base for national power. Beijing’s position today is based on the prosperity of China’s real economy. If China wants to maintain its position in the world, it cannot afford to lose the support of a strong manufacturing industry, says an article in People’s Daily. Excerpts:
The global crisis reflects the importance of real economy as well. The main cause for the recession is the virtual economy. Germany remains the strongest and most robust economy in Europe because of its real economy has a solid foundation.
The United States realizes the importance of the manufacturing industry and would like to recover its real economy with national polices. Continue reading
Commodities from China are enjoying growing popularity among African merchants as the wallets of local consumers have started to bulge amid a fast-expanding African economy.
Quality Chinese goods with competitive prices are particularly welcome among increasingly affluent African consumers, according to Luo Yifeng, a Chinese merchant who is purchasing for his African retailers at the ongoing Canton Fair, a bi-annual trade fair held in the South China boomtown of Guangzhou. Continue reading
The “made-in-China” label has been shedding its cheap image and reputation for low value-added goods as China takes over the United States to become the top powerhouse in global trade.
Factories in the world’s second-largest economy are churning out ever more sophisticated products for people around the globe, the latest customs statistics showed.
Machinery, electrical and high-tech products continued to expand their share of total exports with their growth rates outpacing those of other major items. In 2013, machinery, electrical and high-tech goods accounted for about 80 percent of total exports, contrary to perceptions that textiles, shoes and furniture make up the bulk of made-in-China goods.
Rising labor costs and yuan appreciation have propelled exporters to use money accumulated from decades of hard work to move up the production chain.
The upgrade accelerated amid a lukewarm global recovery evidenced by the latest disappointing hiring numbers in the United States. In 2013, China’s exports rose 7.9 percent to 2.21 trillion U.S. dollars. Continue reading
As a controversy about the “Made in China” uniforms for members of the US Olympic team continued to erupt, one US track and field Olympian expressed his thanks to China.
In a tweet, Nick Symmonds, who will compete in the 800-meter run at the London Olympic Games, wrote: “Our Ralph Lauren outfits for the Olympic opening ceremonies were made in China. So, um, thanks China.” Continue reading
Fireworks made in China light up the sky during the opening ceremony of the 2012 London Olympics on Friday night.
“All the fireworks to be set off at the London Olympics are from China and three-fourths come from Liuyang city of Central China’s Hunan province,” said Ye Xinglong, chairman of the supplier Liuyang Apple Fireworks Artist Display Co Ltd. Continue reading
China is still the best choice for global manufacture outsourcing, US experts said at the 14th US-China Chamber of Commerce’s Trade Conference in Chicago on Monday.
“China is still the choice because labor in China is efficient and the relationship that many companies have established cannot be easily replaced,” Siva Yam, president of the US-China Chamber of Commerce, told Xinhua.
He pointed out that China has the advantage over other Southeast Asian countries with its big market — not only for companies to outsource, but also for them to stay close to a large consumer market. Continue reading
The presence of Chinese brands as part of the global marketplace will increase significantly over the next years, according to the chief executive of one of the world’s leading business services firms Ernst & Young. Continue reading
China’s import will total $10 trillion in the next five years, about three times of Germany’s gross domestic product (GDP). When Chinese President Xi Jinping announced this figure last month at the Boao Forum, foreign analysts knew its weight.
Against the backdrop of a rapidly changing global trade landscape, will China play a bigger role or be forced to retreat?
While e-commerce companies have plunged into ever-increasing competition in the Chinese domestic market, some are trying their luck outside China to find other ways to fuel growth. A number of Chinese e-commerce players, including Jingdong Mall, dubbed China’s amazon.com, and online clothing retailer Vancl (Beijing) Technology Co, have already stretched their reach globally with different approaches.
China’s direct investment in the United States showed strong momentum in the first three months of this year despite a weak fourth quarter of 2012 and the negative impact of “national security” concerns on some deals.
As head of the China Council for the Promotion of International Trade, Wan Jifei has been passionate about creating a favorable environment for China’s manufacturers to expand business abroad.
At a time when the nation’s exports have slowed during the past year and are expected to remain sluggish in coming months, how to stabilize exports, a major pillar of the world’s second-largest economy, is of widespread importance.
Lenovo Group Limited is a Chinese-based multinational computer technology corporation. “Lenovo” is a portmanteau of “Le-” (from Legend) and “novo”, Latin ablative for “new”. The Chinese name means “association” or “connected thinking” but can also imply creativity. The name was changed from Legend because it conflicted with other trademarks registered in the West.
As a global leader in the PC market, Lenovo develops, manufactures and markets cutting-edge,reliable, high-quality PC products and value-added professional services that provide customers around the world with smarter ways to be productive and competitive.
Lenovo Group Ltd, the world’s second-largest personal computer manufacturer, said on Friday it is in “preliminary negotiations” about an acquisition following reports that the Chinese company may purchase International Business Machines Corp’s server unit to beef up its enterprise hardware sector.
China must accelerate pursuit of technological innovations and improve product quality to compete in global market
Despite a recent export and import recovery, China still needs to improve the quality of its exports as a way to boost its struggling foreign trade in the international market where there are lingering uncertainties.
China’s import and export volumes totaled 6.12 trillion yuan ($975 billion) in the first quarter, an increase of 13.4 percent year-on-year, statistics from the General Administration of Customs indicate. Of the total value, exports accounted for 3.2 trillion yuan, up 18.4 percent on the previous year, while imports rose by 8.4 percent to 2.9 trillion yuan. The trade surplus in the three months also increased from less than 1.3 billion yuan during the same period of last year to 270.5 billion yuan.