Why Chinese products are Cheap? what are Chinese Industrial and Export Policies?
Category: Business and Money
Asked by: ijazahmad-ga
List Price: $20.00
14 Dec 2003 05:27 PST
Expires: 13 Jan 2004 05:27 PST
Question ID: 286972
China Industy is developing very rapidly and Chinese products are very cheap in the world. I want to know why??? I am giving my question in part as under. While commenting,please do not discuss cheap labour and better infrastructure etc. as in many countries labour is cheap and infrastrucure is better but such huge investment is not going there nor their product are cheap. Secondly, please always give reference and do not discuss on unconfirmed report.Reply from eceonomic resercher is required 1-Chinese products are cheaper in the world. What is the basic philopophy behind it. 2-what is industrial policy of China and which type of tax relaxation is available to Chinese indusrty. 3-what is the export policy of China and how much rebate and relaxation of taxes are available to chinese exporters. 4-which type incentive are available to investors in China. 5-which type of malpractice,if any, chinese governemnet is doing to support thier industry.( for example I have learned that Chinese government buy raw material from abroad and sell to thier factories at subsides rates.Is it true? Similarly I have learned that electrucity if free for industries in China or some part of China.Is it true?.If yes, is it considered to be a malpractice? 6-With how many department, Chinese industry have to deal? I mean income tax,sales tax,excise tax,custom tax,and for labour ,social scurity old age benefit,pension,labour courts .................etc.etc.
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Re: Why Chinese products are Cheap? what are Chinese Industrial and Export Policies?
From: samirshawl007-ga on 26 Dec 2003 12:22 PST
chinese products r cheap coz of their bad quaility and huge quantity. their products are cheap because they sell their products in a very huge quantity in the world. they use cheapest raw material to make their product cheap to see. their life is very less. any one can afford their products. their industrial export policies r that they have to supply their goods to all over the world . so that every poor man can also enjoy and can buy thier product. they have a very goog technology for the cheap products. and the main reason is the name written on every product i.e.:MADE IN CHINA.
Re: Why Chinese products are Cheap? what are Chinese Industrial and Export Polic
From: mingcn-ga on 31 Dec 2003 10:23 PST
Of course, it started with shipping cheap/affordable products. But now, it's sort of passed that period. High aggregation of designing and manufacturing industries has made some zones in China the most efficient and cost-effective areas for manufacturing products in quantities, e.g. electronic products from very low end to very high end. China is just replicating the path of Japan's past development, but it's far more sophisticated, since it's own has 1/5 of the population on the global.
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