10 things To Learn From China
Global Manufacturer, The journey of china was never easy and some of the hard decision has to be taken to foolish the national interest. in the context of the making of china they brought political reforms along with national policy to support the industry within the country later world has witnessed their power.
1. Mass Production and Dumping: - 1990 China shares 3 % Global Export today Single undisputed Leader in the World with 25 % of global export
item Share in % Export Global
Mobile 80
Shoes 60
solar Cell 74
cement 60
Ship building 50
Steel 50 (1.70 billion Metric Tonne)
apple 50
Most luxurious item 60
poor people 800 million people raised above poverty line.
2. Competitive Pricing with Reverse Manufacturing: - They are nationalist and follow the complete standards set by the government to run the countries national interest first.
3. Cost Effective Labour:- Although their labour cost is high but they are cost effective in totality
4.Experience and Expertise :- They have world most skilled person living in their constituency they invest more than 10% in the R&D of the Country which in totality has put value in their output
5. Stability :- China is looking more stable in the word because it doesn't have domestic issues and political stability which allow the business perfect place to survive
6. Education:- China has most no of graduate along with skilled person
7. Industrial Network Clustering:- Chine has built industrial cluster within their country which allows financial freedom to the company and don't add additional expenses to the cost of manufacturing.
8. Electricity:- Chine has no power shortage along with chipper price usually comparing with India the cost of electricity Rs. 9.00 per KWH but in china Rs 3.00 per KWH in terms of Indian Rupee
9. World Class Infrastructure:- Chines work with complete planning they work for 30 year Vision plan which help in making co-operation
Smart highway
World Class Road
Ports
Airports
Supply Chain
Infrastructure in totality
10. Government & Industry Partnership:- Chines government take the advantage of their private sector and allow them freedom and try to work with co-operation which serve their national interest at first , meanwhile India has become the continent of 28 countries and lacking the national interest and they don't have political stability but influence their long term vision.
Shoes 60
solar Cell 74
cement 60
Ship building 50
Steel 50 (1.70 billion Metric Tonne)
apple 50
Most luxurious item 60
poor people 800 million people raised above poverty line.
2. Competitive Pricing with Reverse Manufacturing: - They are nationalist and follow the complete standards set by the government to run the countries national interest first.
3. Cost Effective Labour:- Although their labour cost is high but they are cost effective in totality
4.Experience and Expertise :- They have world most skilled person living in their constituency they invest more than 10% in the R&D of the Country which in totality has put value in their output
5. Stability :- China is looking more stable in the word because it doesn't have domestic issues and political stability which allow the business perfect place to survive
6. Education:- China has most no of graduate along with skilled person
7. Industrial Network Clustering:- Chine has built industrial cluster within their country which allows financial freedom to the company and don't add additional expenses to the cost of manufacturing.
8. Electricity:- Chine has no power shortage along with chipper price usually comparing with India the cost of electricity Rs. 9.00 per KWH but in china Rs 3.00 per KWH in terms of Indian Rupee
9. World Class Infrastructure:- Chines work with complete planning they work for 30 year Vision plan which help in making co-operation
Smart highway
World Class Road
Ports
Airports
Supply Chain
Infrastructure in totality
10. Government & Industry Partnership:- Chines government take the advantage of their private sector and allow them freedom and try to work with co-operation which serve their national interest at first , meanwhile India has become the continent of 28 countries and lacking the national interest and they don't have political stability but influence their long term vision.
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