The Made in China 2025 plan, introduced first by Chinese Premier Li Keqiang in April 2015, aims to address some of the new challenges faced by Chinese economy and quoted by president Xi Jinping as the New Normal; the new reality where the the country can not expect the GDP to grow in double digits.
The Made in China 2025 plan, introduced first by Chinese Premier Li Keqiang in April 2015, aims to address some of the new challenges faced by Chinese economy and quoted by president Xi Jinping as the New Normal; the new reality where the the country can not expect the GDP to grow in double digits.
What are the consequences of avoiding investment on inspections?
China’s industrial capacity is not a secret. After the implementation of the Reform and Opening Up policy in 1978, the country experienced an exponential increase of industrial investments and manufacturing. Gone are the days when “made in China” implied the peculiarity of low quality and virtually inexistent inspections.
Get used to “create in China”.
Since Xi Jinping took office, China has started to see some big changes. It is not only the fight against corruption, nor the further institutionalisation of the rule of law, but also the rearrangement of the productive structure. Just like President Xi has expressed it in several occasions, China is transiting from the “made in China” to “created in China”.
Doing business in Asia for many is appealing because of the low cost and high profit margins that any enterprise or entrepreneurial adventure can have. But just as the products that come out of the many cities known as the epicenters of business like Guangzhou or Shenzhen, cheap doesn’t mean quality.
The issue of ethics once again has made headlines with companies like Apple being under fired for the working conditions in their supplier factories. Undercover filmmakers pretending to be workers in a factory making Apple products in China had to work up to 16 hours a day and as many as 18 days in a row, according to an investigation by BBC Panorama.[1]
As the year 2014 comes to an end, several scandals rocked China in the food safety sector this year. These scandals, impacting the view and confidence of how consumers see their food quality being inspected and controlled has brought many Chinese citizens to be first hand witnesses on the lack of control in this sector.
China, known as the world’s factory for many reasons, one of those being because all of the world’s biggest players have established their factories there because of the low production cost. However, as individuals continue to venture independently seeking the gold mine that is China they become victims of scams. Anyone looking for a Chinese long-distance provider without a representative in that country or without being knowledgeable is an easy prey so watch out!
El Foro de Cooperación Económica Asia – Pacífico (APEC) será el lugar elegido para que China y Japón acerquen posiciones. Será la primera reunión tras varios años de tensiones entre los gobiernos de ambos países. Una prueba más de que China es consciente de la importancia de un clima de tranquilidad y no beligerancia para conseguir situarse como un firme lider mundial.
China es un país que se ha relacionado de forma constante con las copias baratas de otros productos de marca. Esto lógicamente supone una vuleneración total a los derechos de propiedad intelectual. Esta negativa imagen provocaba que la innovación por parte de empresas que deciden invertir en China fuera mucho menor que en otros países ante la desprotección que sentían por la facilidad para copair sus productos.
