What are the advantages of China manufacturing?

China's labor cost advantage comes from three aspects. First, China is generally rich in labor resources. In 20xx, China's labor resources have been around 1 billion, and it is expected to reach 1 1 billion by 20xx. At the same time, there are still1.200 million surplus agricultural laborers in China who need to be transferred for employment, which will provide long-term guarantee for the advantages of human resources. Second, the labor cost advantage has the problem of "who to compare with". Compared with Vietnamese and Indian, the absolute price of labor in China is indeed higher. But compared with Europe, America and most Southeast Asian countries, it is still "high quality and low price". According to one calculation, the labor cost in Chinese mainland is about110 in Hongkong and10 in America. Even if it doubles, it is still very cheap. Third, in recent years, China's labor price has greatly increased, but at the same time, the quality and efficiency of the labor force are also improving. Last year alone,12.32 million people in China obtained vocational qualification certificates, and more than 80% of the newly added laborers received formal training. In many places, the growth rate of social labor productivity is much higher than the average wage of employees, and the number of high-tech talents is increasing. So we can't simply say that the labor cost has increased, but it may have decreased in some areas.

2. Market advantage

China, with a population of 6,543.8 billion, is the largest consumer market in the world. China's domestic market has broad prospects and great development potential. The huge market potential, the consumption psychology of China enterprises who are familiar with China's national conditions and understand the domestic market, and the strong affinity of China products in their own countries make China enterprises have strong advantages and competitiveness in the huge market of China.

3. Advantages of international competitiveness

Some large enterprises or enterprise groups, especially some competitive industries and enterprises that opened earlier in China, have accumulated considerable advantages in technology, talents and capital in the long-term market competition. Some enterprises already have considerable scale and strong R&D capability, mastered the key manufacturing technologies of related products, and their brands have gained considerable popularity. Individual enterprises, such as Haier, adhere to the concept of international operation and develop into world-class multinational enterprise groups. With its strength and courage, Haier Group chose highly developed countries such as the United States and Germany as its main goal, set up a manufacturing base in the United States, opened the markets of the United States and Germany, and then took the opportunity to open up the markets of ordinary countries. In the latest statistics of Forbes magazine, Haier Group, the global white goods, ranks sixth in comprehensive strength. At present, Haier has established 12 overseas factories, 56 trade centers, 15 design centers and 53,000 marketing outlets around the world, and its products are sold to more than 60 countries and regions around the world. In 20xx, Haier's total sales amounted to 40.6 billion yuan, and its export earned 280 million US dollars. At the current rate, Haier Group will rank among the top 500 in the world in 20xx. ZTE recently provided Yugoslavia with GSM mobile communication equipment with a total value of 225 million US dollars, which achieved a breakthrough in the export of high-tech complete sets of equipment in China.