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China's annual economic growth is estimated to reach 10.5 % in 2008. China's economy is still going strong and even though both raw material prices and wage levels are rising, the Chinese manufacturers are showing no signs of slowing down their export quantities. In other words, the rise in input prices have meant a slight increase in manufacturing prices but have then been compensated by improved manufacturing efficiency. As an example, our sanitary manufacturers have responded to the increase in input prices not by raising prices but by investing in Japanese high tech manufacturing equipment and Toyota management consultants to oversee and improve the current production lines. |
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China's economy is still among one of the fastest growing in the world. Experts expect this year’s growth to be around 9%. The massive inflow of foreign investments and technological know-how has made Chinese manufacturers able to produce everything on the consumer market. China is sending out their own space shuttles and is building engineering projects that often contain the words the biggest, tallest, highest, fastest and longest in the world. Next years Olympic games in Beijing and the 2010 world expo in Shanghai will draw even more investors eyes to the booming Chinese economy. Shanghai is the economical centre of China and is already home to branch offices of more than 300 of the worlds fortune 500 companies. Foreign brands, products and companies who understand Chinese marketing ways are reaching sky-high sales figures on the Chinese market. Entering the Chinese market will always be a quite complex process. Handling government organizations and registering in all the right places is not an easy task. We have experience in handling these government organizations and we know how and where to register to avoid complications. For more information please read Kinakontakten services. |
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