Import Product From China – At What Cost?

| Total Words: 307

The manufacturing job market is growing rapidly in China and sure is not declining a bit. Currently the manufacturing sector is one of the largest employment sectors in China and at the rate it is growing it sure is a concern for US manufacturers.

Economists believe if a sector grows in all parts of the world, then it is advantageous for all. But now we find that the manufacturing sector in China is growing and that is not the case for US manufacturers.

The boom started prior to 2001. Initially it was primarily private investors who initiated the boom, but today it is governments and businesses from all over the globe who seeks out to reap the reward of Chinese manufacturing.

According to analysts, China holds over 100 million workers in the manufacturing industry, while the US holds close to 60 million. These 100 million workers exclude the millions of migrant workers that China utilizes.

In China factories that are outside of city limits are frequently overseen by a different agency or body. The China Ministry of Agriculture oversees rural factories and the Ministry of Labor oversees urban factories. Rules and guidelines are stricter for the...

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