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"China has already become the fourth largest exporter in the World - recently pushing the UK into fifth. Current data shows that China has achieved this progress with less than 20% of its total population in paid employment"
  
"Whilst, on the one hand this increasingly strong manufacturing based economy poses a potential threat to many companies in the West, if viewed constructively, it can also provide them with real opportunity."
  
  

Why Manufacture in China?

Just two years after being granted membership of the World Trade Organisation, China has already become the fourth largest exporter in the World - recently pushing the UK into fifth place in the international league of exporters. Current data shows that China has achieved this progress with less than 20% of its total population in paid employment.

The scope for China to increase its already impressive manufacturing and export performances is therefore huge - as it continues to accelerate the rate at which it brings more and more of its 1.3 billion citizens into gainful employment.

Whilst, on the one hand this increasingly strong manufacturing based economy poses a potential threat to many companies in the West, if viewed constructively, it can also provide them with real opportunity.

In the same way that many Western companies are feeling the need to access lower cost sources of production, many Chinese companies are looking for reliable outlets for their production capabilities in the West - markets that they do not yet fully understand themselves.

These Chinese manufacturers are therefore often looking for reliable business partners in the West - partners that are already established in the markets that they cannot realistically access themselves from so far away.

 

Modern Shanghai


Chart to show Chinese GDP - rmb Billions