nufacturing. This is why Chinese electronic manufacturers like Anker, TCL, and Xiaomi make it to the top three of their respective sectors. China’s infrastructure has grown all over the country. But what makes it so dominant in manufacturing?

Narrator says that China established special economic zones in the year 1978 in order to draw foreign investors. The special economic zones comprise cities like Shenzhen often referred to as the world’s manufacturing capital.

China is the largest in the world with the most highly skilled workforce. This enables companies located in China to produce goods fast as well as at lower cost.

China’s workforce is also cheap when compared with the salaries companies pay in the other major economies, such as the United States and Germany, that’s why big companies like Apple have joined forces with Chinese companies to manufacture their goods.

In addition to labor, the materials are also inexpensive in China This is a benefit for any company producing in China over any other nation.

China doesn’t impose taxes on exported manufactured goods; this reduces manufacturing costs, and then translates to the consumer. This is the reason why there’s a high need for Chinese made goods. 8jfneuupv2.