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'Made in China' embraces improved quality, expanded market [Copy link] 中文

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Post time 2019-8-21 10:19:01 |Display all floors

No one predicted that China-made products, represented by Huawei smartphones, Lao Gan Ma chili sauce, and White Rabbit (Dabaitu) milk candies would become fashionable, when just four years ago, Chinese tourists were still rushing to Japan to buy toilet covers and rice cookers.

110 brands made sales of over 100 million yuan in this year's midyear online shopping festival known as "618" held by Tmall, a platform under Chinese e-commerce giant Alibaba, while over 60 percent of these brands came from China, covering multiple industries including consumer electronics, clothing, food and cosmetics.

Moreover, five out of the six brands that hit sales of over 1 billion yuan were also from China.

China's time-honored brands are now revitalizing. Athletic shoemaker Warrior, founded in 1934, was on the verge of going bust in the 1990's thanks to foreign competition. Now, the brand is "talk of the town", selling a total of 80 million pairs last year.

Apart from Warrior, many other traditional Chinese brands are also catching up. Chinese skincare brand Pechoin recently launched hyaluronic acid essence, while Mayinglong Pharmaceutical, a drug company known for its hemorrhoids cream, is testing out the lipstick market.

According to a report on the development of Chinese brands issued by a research institute under Alibaba, traditional Chinese elements including tea, Han costumes, the Palace Museum and Peking opera were making big money on Alibaba's shopping platforms.

The rise of Chinese products comes from the country's robust industry. More than a decade ago, China became a "world factory," and regained its title as the world's largest manufacturer in 2010.

No other country is comparable with China in regards to its huge domestic market, complete industrial system and efficient infrastructure. Thanks to China's efforts to increase variety, improve quality and create brands, the quality of Chinese manufacturing is continuously improving.

The rise of Chinese products also comes from China's growing rate of consumption. Last year, final consumption contributed 76.2 percent to China's GDP growth.

Economist Wu Xiaobo said that Chinese products are mostly cost-effective and trendy, which has developed into a new consumption trend.

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Post time 2019-8-21 11:11:05 |Display all floors
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Post time 2019-8-21 23:58:26 |Display all floors
Don't forget the electric cars...

China is the future of electric cars
In 2018, more electric cars were sold in China than in the rest of the world combined. The Chinese government has spent nearly $60 billion in the last decade to create an industry that builds electric cars, while also reducing the number of licenses available for gasoline-powered cars to increase demand for electric cars. And Beijing plans to spend just as much over the next decade.

No other country in the world has made anywhere near as big an investment or instituted as significant regulations. But then again, no country has the same potential payoff as China. If its bet succeeds, China can look forward to cleaner air, lower reliance on imported oil, and being a technology leader in a new high-tech industry.
Anger is an acid that can do more harm to the vessel in which it is stored than to anything on which it is poured. Mark Twain

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Post time 2019-8-25 10:46:50 |Display all floors
Saul Post time: 2019-8-21 23:58
Don't forget the electric cars...

China is the future of electric cars

Let the battery problem be solved, then comes the real era for electric vehicles!
Till then, let not the expended battery plied as waste that could not be disposed off properly!

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Post time 2019-8-25 10:48:37 |Display all floors

China needs to invest in material science.
Electric vehicle is good, but solve its battery problem.
Let not battery for electric vehicle becomes a waste that could not be disposed off!


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Post time 2019-8-26 12:32:01 |Display all floors
China's subway trains run very smoothly, seldom break down, and if broken down, it is because of external factors like a tree fallen across the rail track or someone commiting suicide jumped on the rail track.  In another country, a developed country in SE Asia, subway trains breakdown due to system failures so often that its commuters are extremely unhappy!!  So, on this score we must give credit to China for its high industrial quality!

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