Import Export China Products
One pair of shoes and 2.8 items of clothing
Fact: On average every single human being in the world owns one pair of shoes and 2.8 pieces of clothing made in China! That’s a lot of shoes and clothes!
But for China this is just the tip of an iceberg because China is now a major export of just about every product or commodity you can imagine. From consumer goods to industrial equipment. From food to medical equipment and supplies. From timber to chemicals. The list of exports never ends.
25 years ago China was only the 32nd largest exporter in the world. Today China ranks as the 3rd largest exporter in the world with exports in excess of US$1,201 billion. Within the next few years it is anticipated that China will rise to be the 2nd largest trading country after the US.
With a population a population of 1.3 billion and increasing annually, China needs further export growth to feed its inhabitants. China’s solution has been, and will continue to be, to produce and export higher quality products at lower prices.
10,000,000+ additional new workers every year
China’s workforce – already by far the largest in the world – will increase by another 14+ million workers annually in the next few years requiring China to become even more competitive.
This can only be achieved by lower pricing and higher quality.
Low inflation. Prices down...
Current inflation is running at 1.8% in China. As a result prices have remained stable and are likely to do so for the foreseeable future.
Consistent Quaility. China's target for the next ten years.
Low pricing doesn’t have to mean low quality. China’s target for the next few years has been to improve quality through education and training. In the last five years 11 million university students have graduated and more than 23 million have graduated from vocational training schools.
China knows that training and quality are a must if it is to become the 2nd largest trading country in the world.
Import China goods
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