Business & Finance Advertising & sales & Marketing

China Challenges Global Manufacturing.

There is something very basic about manufacturing value is added by taking raw materials and labor, and producing products that can be sold in high quantities, with quality, to generate good return on the investment. The manufacturing sector remains significant in leading economies worldwide, but faces major issues such as cost competitiveness, product innovation and how to compete in an increasingly global market. One of the very first questions is: Where in the world should the manufacturing plant be located? In todays global environment whoever manufactures products better, cheaper and faster, wins. Every country in the world is competing. In consumer products, China is grabbing a lot of the prizes. And theyre moving strongly into high-tech. IBM"s PC business is now Chinese. Will some of the automation majors become Chinese also?The manufacturing sector remains significant in leading economies worldwide, but faces major issues such as cost competitiveness, product innovation and how to compete in an increasingly global market. One of the very first questions is: Where in the world should the manufacturing plant be located?Of course, innovative design and product development are important to generate competitive advantage. But design and development can be done in locations that are not necessarily tied to the production plant. Intel, for example, builds semiconductor fabrication plants in many different worldwide locations. Likewise, many automation companies build products wherever it suits their business needs. Hongxing Machinery as the leading manufacturer of jaw crusher and China professional sand maker will certainly not lose its stand. During the past decade or so, it seems clear that manufacturing is tending to migrate away from the U.S. for a variety of factors, not the least being that manufacturing appears to have a negative image. PLC inventor, technology guru and author Dick Morley suggests that the idea that manufacturing rotary kiln is somehow bad has caused jobs to be driven out. He suggests that no community in North America really wants a new assembly plant, a printed board facility or a semiconductor enterprise. In television dramas the villain is the businessman, and the hero is the scrubby squatter who fights to prevent progress. In a recent survey of Chinese and U.S. manufacturers by Industry Week, 54% of Chinese companies cited innovation as one of their top objectives, while only 26% of U.S. respondents did. Chinese companies spend more on worker training and enterprise-management software. And 91% of U.S. plants are more than a decade old, vs. 54% in China. At present, the Chinese government holds about 10% of outstanding U.S. Treasury securities, second only to Japan. Most people feel that the Yuan is undervalued by about 30% and a revaluation will devalue China"s U.S. debt by a third. Unless it simply accepts a devaluation of this huge debt, China will surely be using this cash to do a lot more deals in the U.S.Who knows maybe even some of the major automation companies will soon be Chinese
Jaw crushers: http://www.hxjq-crusher.com/1.html

Classifiers: http://www.hxjq-crusher.com/22.html

Related posts "Business & Finance : Advertising & sales & Marketing"

Affiliate Marketing Is A Profit-sharing Business Venture.

Advertising & Marketing

7 Web Design Strategies for Small Businesses

Advertising & Marketing

Article Marketing and Key phrase Importance

Advertising & Marketing

Getting the Most Out of Training Dollars

Advertising & Marketing

The Top 5 Email Marketing Tips You Must Know That Help You In An Online Business

Advertising & Marketing

Get Paid Cash For Taking Online Surveys

Advertising & Marketing

Qnet scam is a negative marketing strategy used by competitors

Advertising & Marketing

Fendi Watches - The 'It Watch'

Advertising & Marketing

2 Quick Ways to Make Money Online Using These Internet Business Models

Advertising & Marketing

Leave a Comment