Chinese manufacturing has come a long way. Even though it is commonly mistaken for being just the world’s assembly line, it has been constantly innovating, fine tuning supply chains, accumulating human capital, increasing labor productivity to stay competitive despite rising wages. The Chinese government’s push in developing transport infrastructure has given it the benefit of reduced transaction costs. For example, China has 4 of the six biggest ports in the world. Despite low wages, most other countries where manufacturing is expected to go when it leaves China needs decades to build this kind of infrastructure.
High Labor Productivity:A simple hundred year old stylized fact in Economics, economies of scale. Labor productivity is still rising in double digits in China while other east Asian countries are still lingering around the productivity levels Chinese had in the 90’s.
Advanced Supply Chains:Chinese factoring are not assembly lines anymore. Most of the components of products China sells are manufactured in China itself. The supply chains that were in Korea and Japan when China’s manufacturing was in its nascent stage are now hoisted by China boosting the competitiveness of its factories.
Increased Automation: Chinese firms have started investing steadily in automating their manufacturing processes. Investing in automation is easy for Chinese factories with the smooth supply of credit by Chinese banks. Increasing automation by promoting import of machinery by way of reduced custom duties is one of the main priorities of the Chinese government in this five year plan.
The above major factors has made answer why manufacturing is seen as rising in China recent years.
What is the advantages of blogging?
Word-of-Mouth. Who would refuse such a temptation?
Imagine how much gain your company will have if your products are advertised through blogs. With the Internet, information spreads so quickly, especially if an impressive write-up goes with your product. Soon your blogs will be passed on to hundreds of possible customers.
Awareness and loyalty. Open communication with your customers creates trust and loyalty among them. Being there to respond to their questions and comments make them all the more willing to try your products and services.
Feedback. Blogs are useful for product research and reviews. It will be easier to improve on your products if you observe your customers’ thinking and behavioral patterns. You can also take immediate action to your customers’ concerns.
- Several blogs are dedicated to teaching people the do’s and don’ts of blogging, READ them! Include in your reading materials blogs that are consumer-based too to give you an idea.
- Setup Several test Blogs right away. If your initial try out with blogs worked well, you can now start setting up your blogs.
- Study blog design: Blog hosting services provide pre-designed templates. But if you opt for paid blog service, you can ask your artist to design and layout your blog site to match the company’s identity and needs.
- Choose a topic: It’s good to have a line-up of items you want for your blogs but be sure they align with your business objectives. This would be a test of your flexibility and open-mindedness since results may be going against the set goals.
- Remember the following safety measures in blogging:
Legal issues are sometimes involved in blogging; it is safer to include disclaimers and limitations of liabilities. Avoid outright marketing blog, or you will shy away from your readers.