It is imperative for the hottest manufacturing ind

2022-08-21
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The relocation of manufacturing industry to Europe and the United States is imperative.

the relocation of manufacturing industry to Europe and the United States is imperative.

China Construction machinery information

Guide: the accumulation of the past few decades has made today's China a global production base. However, in recent years, with the rising cost of labor and raw materials in China, there have been some cases of the relocation of European and American manufacturing industries. At the same time, relevant industry insiders have proposed that the relocation of European and American manufacturing industries will become the future trend

the accumulation of the past few decades has made China today a global production base. However, in recent years, with the rising cost of labor and raw materials in China, there have been some cases of the relocation of European and American manufacturing industries. At the same time, relevant industry insiders have proposed that the relocation of European and American manufacturing industries will become the future trend

with the continuous upgrading and development of China's manufacturing industry, we believe that it is difficult for the manufacturing industry to return to Europe and the United States on a large scale from China and other manufacturing countries in the short term

made in China is still the mainstream

although some foreign manufacturing enterprises have taken collective measures to overcome the social and environmental risks in the cobalt supply chain, the industry has initiated the intention to move back to local development, and even some enterprises have taken actions, but the large-scale "backflow tide" is not a reality. At present, the enterprises relocating have obvious characteristics. First, the number of European and American enterprises relocating in China is small, and it is limited to some industries that highly rely on the production conditions and market characteristics of the American market, as well as special products including mold manufacturers, universities and preferred customers. From the perspective of the manufacturing industry itself, in order to adapt to the new economic environment, some multinational enterprises began to adjust their strategies and balance market risks, and tended to combine high-tech and manufacturing, that is, to leave the core of the technology industry at home, and to put the labor-intensive, low-tech, high-energy product reprocessing and manufacturing industry in China and some surrounding countries with lower costs

although China's labor cost is increasing, it still has great advantages in price compared with European and American countries

we believe that American and European enterprises will continue to expand their investment in China, because there is a complete industrial chain and supply system, which are the most important links to support the entire manufacturing system

the position of the main procurement market is irreplaceable

Greater China has always been the main procurement market favored by international buyers. A survey of overseas buyers completed by global resources a few days ago just confirmed this. 85% of the surveyed buyers said they planned to increase or maintain their purchases in China in 2012, of which 55% said they would increase their purchases in China in the next 12 months, while 75% of the surveyed buyers pointed out that more than half of their purchase expenditures would be used to buy products made in China

at our spring exhibition this year, there are still many large buyers from all over the world, actively looking for new partners and innovative products to meet the needs of domestic (or regional) consumers for new products

we believe that even though the price of Chinese products rises, their quality and service are also improving. Chinese suppliers are still an important choice to provide buyers around the world with the best quality, low price and value for money products

transformation and upgrading are imperative

although China is a powerful manufacturing country, China is no longer a base solely for the production and processing of low-cost products. In order to further strengthen its competitive advantage in the increasingly fierce market, Chinese suppliers should focus more on improving product quality and strengthening product innovation and design to enhance their competitiveness in the international market

we found that the first two major buyers of hot inlaid fillers in the world come to China, not just looking for OEM OEM OEM enterprises or cheap products. They are more interested in finding high-quality suppliers and the brand products that they can mention that all the unqualified food that has been sampled will be burned. Among them, 82% of buyers said they were looking for Chinese brand products; 61% of buyers said they would prefer Chinese brand products when purchasing in Asia

this undoubtedly injects a "booster" into China's foreign trade exports that were "at risk" in the eyes of many people before, and also points out the future development path for the majority of Chinese manufacturing enterprises: strengthening innovation and design capabilities and establishing brands are the best choices

on the whole, China's manufacturing market potential and industrial chain support still have a great attraction to overseas manufacturing. Although the overseas investment of the U.S. manufacturing industry has decreased compared with the growth rate of previous years, the growth rate is still higher than the global average. China's manufacturing industry needs to take advantage of this opportunity to accelerate the pace of transformation, transfer to the upstream of the industrial chain and value chain, change from processing industry to high value-added high-profit industry, accelerate the transformation from "manufacturing power" to "design power", and even the "founder" of high-end brands. The upgrading of China's manufacturing industry is imperative

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