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China spent years establishing itself as the manufacturer for the world. But rising labor costs and foreign competition threaten its position. So how can China further develop its manufacturing and economy? The answer lies within China's move up the industrial value chain. InTouch Client Managers John Niggl and Vicky Yu discuss China's manufacturing industry and opportunities for growth. In this manufacturing podcast episode, you'll learn about:
China's manufacturing sector can no longer grow using past methods. It needs to innovate and with those changes, it will become even more globally competitive. And if you’d prefer to read the article that covers this topic instead, check out China's Move Up the Industrial Value Chain.
- Current threats to Chinese manufacturing;
- Factors that are driving China's move up the industrial value chain; and
- The impact of China's shift to value-added manufacturing on importers