China : An Overwhelming Business Hub}
Submitted by: Madhu Chauhan
Chinese Manufacturing: At A Glance
Whenever we look at a huge proportion of the worlds manufacturing, we will observe that a large amount of it, comes from China. Most of the products that we pick up these days from the market, have made in China stamped on them somewhere. As china has one of the largest land masses in the world and therefore it comes with a large population. Ever since the commencement, China’s focus has been to become number one manufacturer to the world. Their rate of expansion their manufacturing felicity is 15% or higher over the last few years. All the material prices be it metal, concrete and other natural resources have skyrocketed. As a matter of fact, Chinese power plants have hard time to produce sufficient electricity to keep up with the industrial production which is going on in their country.
According to a latest report, China is expected to be the worlds largest manufacturing hub by 2011, and it is anticipated to end the U.S.s 110 year long run as number one country in factory production.
Below Mentioned Are Some Of The Vital Facts About China’s Manufacturing Caliber, Which Is Mentioned As Per National Geographic Cover Story China: Inside The Dragon:
o. 70% of the worlds umbrellas are made in China.
o. 60% of the worlds buttons are made in China.
o. 72% of U.S. shoes were made in China.
o. 85% of all U.S. artificial Christmas lights are made in China.
o. 50% of U.S. kitchen appliances are made in China.
o. 50% of U.S. toys are made in China.
At times people crib about the fact, that all the major manufacturing work has been shifted to China. However, we have to comprehend that China has got all the requisite infrastructure and manufacturing workforce with over 112 million workers, to produce any product to a specified and satisfactory level at the industry leading pries.
Here Are Some Impressive Facts About China Consumption & Chinese Consumer Market:
China will be the worlds second largest consumer market by 2015
By 2020, Chinas consumer consumption country-wide will amount to 22 percent of the total global consumption
Between 2010 and 2020, the number of households in China with an annual disposable income above US$10,000 (in nominal terms) will almost quadruple
Chinas per-capital G.D.P. is about $7,000, with consumption making up only 35% of the economy
Four of the worlds top 10 largest shopping malls are in China
McDonalds expects to double the number of locations in China in the span of three years
KFC has over 3,200 outlets throughout China
Chinathe worlds sixth largest wine producerwill be the worlds top producer by 2058
China is the worlds largest cotton producer and importer and steel produce
China is also the worlds leading producer of aluminum, antimony, barite, coal, flourspar, graphite, iron and steel, lead, tin, tungsten, and zinc.
Here, china-suppliers.tradeindia.com is one of the most promising companies in this domain. It has more than 2,00,000 suppliers from China dealing in different products. The company provides a phenomenal platform to all the suppliers to spread their business on a broader spectrum. Following is the categorization of the database of different suppliers from China:
Agriculture
Apparel & Fashion
Automobile
Brass Hardware & Components
Chemicals
Computer Hardware & Software
Construction & Real Estate
Consumer Electronics
Electronics & Electrical Supplies
Energy & Power, and lot more.
About the Author: Madhu chauhan, is an expert author and researcher providing the resources & information on different industries.PS: To know more about it, plese click on
china-suppliers.tradeindia.com/china/1/Agriculture.html
Source:
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