The hottest made in America is coming, and some Am

2022-08-14
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With the arrival of "made in America", some American enterprises are quietly moving out of China

with the arrival of "made in America", some American enterprises are quietly moving out of China

gradually moving towards the recession of low-cost competition. China Construction Machinery information

Guide: the world's largest manufacturing country, the United States, which once had a title of more than 100 years, was taken away by China last year. Before 1990, China's manufacturing industry accounted for only 3% of the world's total, making China's manufacturing industry bigger and bigger. But adding a programmable time delay will be a welcome supplement. Within the range of 10% - 50% of the tonnage, it is preliminarily estimated that the United States is the main force with strong displacement of a test piece there. Low tech manufacturing enterprises in the United States rush into China in search of cheap labor

"the world's largest manufacturing country", the title of the United States that has been held for more than 100 years, was taken away by China last year. Before 1990, China's manufacturing industry accounted for only 3% of the world's total. The main force that made China's manufacturing industry bigger and stronger was the United States. Low tech manufacturing enterprises in the United States are pouring into China in search of cheap labor

but recently, the situation has gradually begun to change. Since last year, some American enterprises with excellent performance have successively announced plans to build factories in the United States, especially the traditional manufacturing enterprises such as equipment, toys and furniture are returning to the United States. At the same time, China is emerging as an incubator of high-tech industries. Caterpillar, the world's largest construction machinery manufacturer, recently announced the construction of a 600000 square meter hydraulic excavator plant in Texas, the United States. American toy manufacturer Wham-O decided to produce 50% of the frisbee and hula hoop orders in the United States, which had previously been delivered to factories in China and other places

now the world is paying attention to American manufacturing. "Is the Renaissance of American manufacturing coming?" "Will the era of American manufacturing come back?" The answer is yes, mainly because the cost in China is rising rapidly. Boston Consulting analysis shows that the current wage of American manufacturing workers is $22 per hour, while that of Chinese workers is $2. In terms of number, the production cost in China is only 9% of that in the United States. But by 2015, the wage gap between China and the United States had almost disappeared. Chinese manufacturing workers' wages will rise by 17% a year, compared with only 3% in the United States. Considering the logistics cost, the charm of "made in China" will be further discounted. If we take labor productivity into account, the status of "made in America" will be more consolidated. In the past 20 years, the labor productivity of Chinese workers has increased 10 times, but it is still only 1/3 of that of American workers. In addition, with the continuous appreciation of the RMB, the wage gap between China and the United States will continue to narrow. The return of American enterprises pouring into China is also related to the efforts of the US government and trade unions

but even if the United States ushers in the manufacturing Renaissance, China will not lose its status as a manufacturing power. First, China has a huge domestic demand market of 1.3 billion people. It is better to establish a production base in China for products specially produced for Chinese consumers. Secondly, although Vietnam, Indonesia and other countries have lower wages than China, they are not China's rivals in terms of supply chain, infrastructure such as roads and skilled workers

Korean enterprises should carefully analyze the two major changes of American manufacturing Renaissance and Chinese wage increase as an opportunity to build an efficient supply chain

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