14 DAY TRIAL // When it comes to computer technology and building components, China is one home of the biggest manufacturing plants in the world. If you look for cheap labor, look no further than the Chinese homeland. Several years ago, there wouldn't have been such a big appeal for different manufacturers and companies to take China into consideration for a new place to build their businesses on, but the much grown appreciation it has received determined everybody that it's a country worth investing in.
Thinking of the time where if you mentioned that a product was "Made in China" everybody would make that "I've got gas" face and turn away, being a general belief that low quality products originated from that country? In fact, bad products can be produced in any part of the world, it's that "make products with cheap materials and sell them for big prices" strategy some companies use, before the "Made in China" trend started you could just say that a particular product belonged to a manufacturer, and that it's a bad product, period.
Now, since the cheaper work labor drew a lot of investors into China, when the same strategy is applied, products aren't faulty because of the manufacturer, but because of the country it is made in. Now the struggle in this country is to set technology standards to address key areas including audio video coding, automotive electronics, 3G mobile phones, mobile television, wireless networks and digital terrestrial video broadcasting.
Byron Wu, director of China research for iSuppli said: "Certainly, China has-for the moment-lost opportunities to influence international standards in many traditional industrial sectors. However, the Chinese government is focusing increased attention on standards for high-tech industries. This is a lucrative area facing fierce competition. It's also a strategically vital sector where China is more likely to achieve a 'great leap forward' in the future as it strengthens its research and development capabilities."