The business world has never been competitive as it is today with the help of technology and new ideas popping left and right you would think that it would be easier to set up a business, however, most people would agree that it is difficult to keep a business afloat in these times. You would think with all the ideas already thought of in the past that people would soon run out but with the help of technology and the advancements in its field, there are more options today when it comes to setting up and running a business.
When we talk about business we cannot help but take note big companies that have been present for a long time a lot of these companies come from powerful nations which probably got some help from the technology and resource available in their respective countries. One of these countries well-known in the business world is China.
For the longest time, a lot of the products we see in the market are usually made from China. A lot of companies, even those outside of Asia, choose to have their products manufactured in China due to the low costs of production. However, in recent years China has seen the decline of its manufacturing industry which is why they have decided to try and revitalize it through the support of different programs.
There are a lot of products from different companies that are made in China but there are also a lot of goods being sold by China to different countries. Some of these products are new and made by the Chinese companies themselves, however, some products from China are seen by others as ‘knock offs’ or imitations. Some people do not like products made in China because from the experience of others it is of poor quality or what was advertised usually does coincide with the actual product.
This issue with product quality and imitations of products are a problem for China because if they do want to bring back the strength of their manufacturing industry then they have to be able to capture the trust of the consumers in their products. This is something that should be taken seriously because there have been a lot of accounts wherein people demonstrate the poor quality of the products made in China.
Despite these drawbacks met by companies from China, there are now a lot of quality products that are made in the country that has been attracting the attention of a lot of people especially when it comes to smartphones. This has somehow proven that not all products are imitations or of poor quality. It is important to take note that Chinese companies have started to compete in different markets and so far have been successful in getting their brand out there.
Quality is very important for consumers especially when it comes to technology. People do not want to buy something that is easily broken or unreliable aside from this China also needs to develop its business relations with other countries if they want to enter into other markets in order to attract more consumers. They need to make their products readily available for consumers, which is why building good business relations with other countries is important.
An issue such as the Nanjing Massacre, which has drawn a lot of attention from both the Chinese and Japanese, somehow creates some tension which could make business relations difficult. China has potential to once again lead the manufacturing industry if they are able to solve the issues surrounding it and to catch up with the latest trends in the industry.