Electronics Made in China?? The Real Reason Explained
Every person in the world has question in his mind, why most of all the electronic products are marked as Made in China. so, Today I will answer all the questions which are in your mind? Let's start!
Today there are many multi-national companies are there in the world which are manufacturing one or the other electronic items. But Why most of the products are represented as Made in China. The answer to this question is,
Industries supply their components to china assembles them so the manufactured product is marked as Made in China.
But, why Companies supply their components to the China to assemble? Because the labour cost is very very much less in the china compared to any country in the world and also huge amount of skilled labourers are available in the populated china.
China also produce highest no of skilled engineers in the world compared to most of the developing countries.This is not only reason behind the electronics made in china.
The second reason is In the late 1970s, and especially at the 3rd Plenary Session of the 11th Central Committee of the Communist Party of China in December 1978, the Chinese government initiated its policy of reform and opening up. In April 1979, Xi Zhongxun and other Guangdong officials presented in Beijing a proposal to give broader flexibility to the coastal provinces of Guangdong and Fujian to attract foreign investment, with additional exemptions in four locations, namely Shenzhen, Zhuhai and Shantou in Guangdong and Xiamen in Fujian.
So, they established SEZ (special economic zones) in these regions to encourage the foreign investors and companies to establish their quarters in the SEZ with relaxation in the various taxes. so, Many companies get encouraged and had established their quarters in the SEZ. Many companies came to get help of these act to decrease their assembling cost of the products. Also most of the components are also available easily nearby due to too many industries, therefore transportation cost has become almost negligible.
China is also very big province with more requirements of their public of electronics so SEZ also produce products for china itself also.
So, they established SEZ (special economic zones) in these regions to encourage the foreign investors and companies to establish their quarters in the SEZ with relaxation in the various taxes. so, Many companies get encouraged and had established their quarters in the SEZ. Many companies came to get help of these act to decrease their assembling cost of the products. Also most of the components are also available easily nearby due to too many industries, therefore transportation cost has become almost negligible.
China is also very big province with more requirements of their public of electronics so SEZ also produce products for china itself also.
Today major multi-national companies like apple also assemble their USA designed components in the china. In some time many companies come under this act and started to assemble their components in the china.
Being encouraged from this policy of Chinese government, Indian government had also started Make in India campaign to encourage investors from world to invest their money and establish industries in the India to engrow their business. Today many companies are also established in India under Make in India campaign. The day is not late when IPhone is marked as Assembled in India.
Being encouraged from this policy of Chinese government, Indian government had also started Make in India campaign to encourage investors from world to invest their money and establish industries in the India to engrow their business. Today many companies are also established in India under Make in India campaign. The day is not late when IPhone is marked as Assembled in India.
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