Just when everyone thinks the sole focus of China right now is placed on mitigating the widespread Omicron outbreaks in Shanghai and some other parts of China, Beijing has just announced new guidelines to create “One Unified Domestic Market”[i], aiming to push for more efficient and fair circulation of the domestic economy, against the backdrop […]
Recent data shows that the global supply chain is set to have a compound annual growth rate of 11.2% from 2020 to 2027. This translates to a $21.56 billion jump, from $15.85 in late 2019 to $37.41 billion in 2027. That said, the global supply chain is still reeling back from the devastating effects of the COVID-
Global Supply Chain Management: 5 Changes to Consider in 2022 Read More »
Creating and producing a new electronic product can be overwhelming, but having your product designed and manufactured in China can be an effective strategy to reduce costs and ensure high quality. Unfortunately, it doesn’t come without its risks. In the Western world, we have our own set of rules and regulations to follow, but in
How to Reduce Risks When Developing Electronic Products in China Read More »
Logistics is a vital support role in any company, but business owners looking to optimize their operations look to outsource this responsibility to a third-party logistics (3PL) company. It’s obviously a viable strategy, as many Fortune 500 companies already make use of 3PL services. 3PL companies can manage all of the details relating to your
Contract manufacturing, or OEM (original equipment manufacturer) services, gives Western businesses a way to contract with factories in China to produce their goods. This practice can be very beneficial from both a financial and business perspective. Here are the top four financial benefits of contract manufacturing in China that are discussed in this article. 1)
Why Contract Manufacturing in China Is Financially Beneficial? Read More »