1. What are the main products for export in China?
In 2010, export of electromechanical products rose to 933.43 billion dollar, rising at 30.9 percent. This occupied 59.2% of total export volume in China, among which export of electronic products accounted for 388.79 billion dollar, rising at 29.1% and export of mechanical equipments accounted for 309.83%, rising at 31.4%.
2. What is the impact of financial crisis on Chinese suppliers?
Financial crisis largely affected foreign trade in China. Especially in 2009, a large amount of exporters were facing challenges of a possible reshu e in trading field. After crisis, companies with out-of-date industrial structure and production mode became obsolescent, while lots of excellent, advanced companies survived and stepped onto a higher level. Financial Crisis is not only a challenge but also a great opportunity for Chinese enterprises.
3. What is the new trend of purchasing in China?
At present, international buyers have developed their used way of purchasing from buying nothing else but low-price products to buying ones of high quality or ones with high ratio of performance to price. International buyers are becoming more and more strategic. They tend to merchandise di erent products in only one region in order to save expense of prophase research; merchandise innovated products which have market potential; cooperate with Chinese suppliers that have completed support facilities and are professional in trading procedure; make factors such as currency appreciation and rise of labor costs part of their inquiry consideration to sign replying clauses.
4. What is the new trend of transformation of Chinese foreign trade enterprises?
The development of foreign trade competition ability in developing countries experiences 3 stages: The first stage is the period of labor resource advantage, which has already passed over; the second one is the currently on-going progress of technical improvement and stick-to-card production; the third stage covers independent innovation, technology support, and sales ability development – only a few of Chinese enterprises have stepped onto this stage while most of them still remain in an intermediate state.
5. How about brand consciousness of Chinese enterprises?
In the past, there was not a world famous brand in China. But in recent years, lots of Chinese enterprises began to build their own brands, and even took brand building and global promotion as one of their long strategic targets. Most enterprises started from improving quality, updating service and maintaining corporate image and till now have obtained positive results.
6. How about the environmental protection products developing in China?
In recent years, most Chinese suppliers are taking developing low carbon products and eco-friendly products seriously, switching to Green industry.
Chinese government also released several strategies and laws to improve public conscious awareness of environmental problems. Exporting products with high energy consumption and high carbon emission will be largely cut of in government planning.
7. Has price rise influenced exporting?
Over these days Chinese suppliers are under pressure of rise in the RMB, in raw material cost and in labor cost. Under this circumstance, price rise is a helpless but logical result. However, quite a lot of Chinese suppliers began to develop high valueadded products to resist price rise crisis.
8. Compared with India, Vietnam, Philippine, what are the advantages of Chinese suppliers?
Advantages of Chinese suppliers mainly lie in industrial comprehensive matching capacity. After several decades' development in the fields of manufacturing industry and foreign trade, China has now formed complete industrial chains in regions such as Guangdong, Jiangsu, Zhejiang, Fujian, Shandong, Shanghai, Tianjin and etc., and has a complete, mature industrial matching system as well.
9. What are the hot spots of investment in China at present?
Electronic Information, Technology, Media, Telecom, Clean Energy, Healthcare, Public Service, and Real Estate.
10. What is the current situation of investment and construction in China?
As a result of a big market in China, low labor cost, complete matching facilities, many foreign investors choose China as their target place for investing and building factory. In 2010, 27406 foreign companies got o¬ffcially approved to enter China, demonstrating a year-on-year increase of 16.94%. And the top 10 countries and regions of investment in China are Hong Kong, Taiwan, Singapore, Japan, US, Korea, UK, France, Netherland, and Germany.
11. What is the current situation of electronic business in China?
At present in the field of Chinese electronic business, B2C, C2C trade is growing vigorously, and B2B occupies an absolute share in the market. In 2010, B2B market in China kept a steady growth, and the volume of business reached 3.8 thousand billion, increasing by 15.8% year-on-year.
Industrial Clusters
Dongguan shoes
Dongguan currently has nearly 1,200 leather shoes manufacturers with over 300,000 employees. 158 of the manufacturers have an annual sales income of above 5 million. Of the yearly production of 1 billion pairs of shoes, 536 million pairs are exported with an export value of US$843 million.
The yearly demand for shoe materials and shoe-making equipment exceeds a total value of 5 billion RMB.
More than 10% of the global shoe products are imported from Dongguan, with coverage of over 100 countries and regions. Baocheng International Group, the biggest transnational shoes group in the world, established Yu Yuan Shoes Factory in Dongguan, and set up Yu Yuan Industrial Park in 1988, moving 10 of its subsidiary modernized factories of large scale including Bao Tai Shoes Factory, Bao Liang Shoes Materials Factory, etc. into the Industrial Park Zone.
Foshan Ceramics Foshan, the capital of ceramic, which accounts for more than half production output in China, has gathered over 60% amount of ceramic brands. In 2009, exports of ceramic reached 2.2 billion dollar, accounting for 77% of total exports in Guangdong Province and 55% of total exports in whole China.
From the beginning of 2010 to November, exports of ceramic in Foshan reached 2 billion dollar, increasing by 36%. Adapting new trend of energy saving, ceramic companies in Foshan independently produced ceramic board and officially introduced in mainland China the first high aluminum low carbon ultra-thin brick series, which is less than half the thickness of ordinary brick but 30% solider than that.
Zhongshan Led Lighting
Light decoration in Zhongshan covers half domestic production and sales market, and also export to Hong Kong, Macaw, Taiwan region, Southeast Asia, Japan, US, Europe and so on, over 130 countries and regions. Zhongshan old town has a high concentration of light decoration industry, keeping an elaborate division of production progress and holding complete matching facilities. By the end of 2009, the number of lighting accessories companies in the whole town was far beyond 4000, with nearly 10 lighting accessories markets and more than 3000 stores included. Light decoration and accessories industry accounts for 70% of the whole town's manufacturing industry. The industry cluster of light decoration there has formed a perfect manufacturing chain and so called "regional economy of scale & accessories economy of scale", which largely reduced the internal and external transaction cost and thus e¬ - ciently reduced the total cost of light decoration producing, consequently to transform to strong competitive advantages.
Yiwu Small Commodities
The commodity industry has been leading industry in the regional economy. The Yiwu market has been an international commodity distribution center and the important base for foreign merchants to purchase commodities. Currently, the Yiwu commodity market covers an area of 1.5 million m , and has 40,000 stores, comprising 28 categories and about 200,000 varieties of daily goods.
The industrial economy is rapidly strengthening, and currently has developed and is exploiting industrial
park areas of 64 square kilometers, with more than 1300 enterprises. It has also cultivated a group of predominant industries, large-scale enterprises and famous products of socks, ornaments, zippers, cosmetics, shirts, cultural articles, pen-making, toys, etc.
