Industrial production does not take place in isolation, but rather relies on networks of suppliers, component manufacturers, distributors, government agencies, and customers who are all involved in the process of production through competition and cooperation. The business ecosystem in China has evolved quite a lot in the last 30 years.
China has a large number of dominant industries that create products and materials for export. The most prominent amongst the finished products exported from China are electrical goods, data processing technologies, clothing, and other textiles, and optical and medical equipment. China also has the world’s biggest new car market and exports a significant amount of raw materials, particularly steel. It’s the world’s largest exporter of steel.
For example, Shenzhen, where ChinaDivision company is located, a city bordering Hong Kong in the southeast, has evolved as a hub for the electronics industry. It has cultivated an ecosystem to support the manufacturing supply chain, including component manufacturers, low-cost workers, a technical workforce, assembly suppliers, and customers.
The huge labor pool in China helps to produce in bulk, accommodate any seasonal industry requirement, and even cater to sudden rises in the demand schedule.
So, if readers were asking about, will the outbreak of virus destroy production in China, well the answer is not, but will be affected in a short term.