of China the focus is to become a producer in the world. Their rate of expansion is 15% or more in recent years and maxing out a lot of resources at home and abroad. Commodity prices of metals, concrete and other natural resources soared. Chinese power plants can produce enough electricity to keep pace with industrial production that is happening in their country.
What is their secret, a prolonged manufacturing growth? First and foremost, the government in Beijing decided many years ago that if China is going to be a world power. They will need to produce goods. They have seen it work in Japan and obviously, they knew it worked in the United States.
They know that they are technologically advanced workforce. Factories for the manufacture of electronic components from the 70's and early 80's. Not only are Chinese technologically advanced, they are very hard working culture.
Therefore, to accelerate their progress, they put a plan in place to grow as fast as possible. To achieve this, they invited producers from Taiwan set up plants in mainland China. Many manufacturing companies in China started with a relatively small sales, and now produce $ 500 million $ 1 billion in sales in less than 15 years. This is incredible! The Chinese government has made its mission to be "manufacturer worldwide." It works. I wonder why the United States government does not place more value on our production expertise?
Second, the Chinese are working very hard, six days a week, 10-14 hours a day. There is a huge amount of incentive for them to work hard. For many, the quality of their lives and their families can increase many times.
Third, the time is perfect. Technological advances in machine tools has made it easy for anyone to make products faster, cheaper, better. As more products are made and delivered to the world, transport costs are reduced. The products are produced throughout the world, sometimes in the most unlikely places to create "virtual unlimited supply ".
Manufacturing has become a core competency. I was not carved in all parts of the world.
China has discovered the secret to creating a strong economy and the state. China has discovered a great secret. But I do not think the U.S. government will never learn.
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