According to the latest figures: China's rising production costs in the manufacturing sector, its lines gradually in United States, in the face of such an expensive price, "made in China" is always lingering by the rise.

Recently, foreign media bad-mouth China frequently. United States by Forbes magazine recently reported that since 1990, China's average annual economic growth rate has fallen from 13% 7. About 5%. The double-digit wage growth has diluted the labor cost advantage it used to lead. Housing and utility costs are also rising, foreign company's business tax rate rose two-thirds.

Reports that will remain a manufacturing metropolis of China and an important market, but the "made in China" labels everywhere in the day or will be a thing of the past. Malaysia 10 South-East Asian countries, such as manufacturing activity continues to expand, to those who look into profit opportunities offered by multinational companies outside of China.

From "made in China" pressure

As we all know, the "made in China" there are low-tech, labour-intensive processing of labels, according to the Commerce Department, one official said: at present, the China manufacturing industries in telecommunications, home appliances, construction machinery, rail transportation equipment and other areas to form a local advantage, which is the transformation and upgrading of China's manufacturing industry relies on occupied the commanding heights in the international market.

The officials cautioned that China has improved significantly, but still need to face the challenge of cost. With the development of China's economy, China's workers also need to share the fruits of development, in recent years also shows that this trend of rising labor costs, many places are constantly raising the minimum wage.

The other hand, the configuration is low on talent and technology become an obstacle to "created in China" a stumbling block, although the technology competitive advantage of Chinese manufacturing industry and the United States still lagging behind, but as long as they have narrowed, there may be price competitive compared with non-price competitiveness in the process of forming higher "GL competitive advantage." In other words, on prices, manufacturing may not be in Southeast Asia, China, technology, may not be United States, but on the "reckoning", China also had the opportunity to gain more competitive advantages.