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Chinese Products

chinese-productsSince joining the WTO, China has become a world-leader in research and  development, particularly in the realms of science and technology.

Through R&D, China aims to accelerate the development of its domestic  knowledge-based economy thereby sustaining its GDP growth well into the future.

China’s expenditure on R&D increased by around 20% per annum over the last decade, reaching US$257 billion in 2012. According to the OECD, China is on track to become the world’s top R&D spender by 2019.

China’s technological capacity and know-how is rapidly advancing and China-based manufacturers are now capable of doing ODM/OEM to the highest standards in virtually all fields of business enterprise.

Ignorance is at the root of the widely held misconception that China-based manufacturers produce low-cost inferior “Made in China” products. This negative mindset is an anachronism and should be consigned to the archives of the past millennium. As a market economy and the world’s top exporter, China conforms to global market forces by manufacturing a wide range  of “Made in China” products from the low- to the high-end of the  market.