During the Olympic Games, like the Chinese players who fought for gold, the “Made in China†products such as Peak Sports and Zibo Ceramics added a lot to the London Olympics, showing the strong momentum of overseas expansion. However, in recent times, many "Made in China" have accelerated their flight to areas where labor is cheaper in Southeast Asia. Some people even call it "singing songs". Where is “Made in China†going? Experts believe that the coexistence of "expansion" and "escape" in China's manufacturing industry is a typical manifestation of economic transformation. The transition from low-end manufacturing to high-tech manufacturing is the only way for China's economic upgrading. Expansion accelerates the influence of the brand, and “Made in China†is the leader in Olympic products. According to the official website of the Olympic Games, “Made in China†accounted for 65% of the 900 Olympic Games official souvenirs of the London Olympics. The Olympic Games is only one of the concentrated manifestations of "Made in China" going to the world. Data show that in 2010 China's manufacturing industry accounted for 19.8% of the global manufacturing output value, surpassing the US's 19.4%, becoming the world's largest manufacturing power. However, "Made in China" is not only satisfied with being a behind-the-scenes hero. This time, China's brand Peak signed contracts with seven Olympic delegations including New Zealand and Slovenia. The number of delegations signed is second only to international brands Nike and Adidas. 361, Hongxing Erke and other brands have also sponsored the Olympic Committee of many countries. At the same time, Chinese manufacturing has been active in the world M&A market. Since the beginning of this year, Sany Heavy Industry has acquired Putzmeister, Germany, and Liugong has acquired the engineering machinery division of HSW, the largest Polish construction machinery company in Eastern Europe. Shandong Heavy Industry has obtained 75% control of the global luxury yacht giant Italy Ferretti Group... According to statistics, in the first half of this year, Chinese enterprises completed 60 overseas mergers and acquisitions, involving an amount of 19.42 billion US dollars, an increase of 23.8%. According to a JPMorgan Chase, as early as the first half of 2010, China’s acquisitions as the acquirer ranked second in the world after the United States. “Escape†shows that the operating pressure has increased in Qingdao and Weihai. The reporter felt the trend of “Made in China†shifting outward. Some Korean companies that originally valued China's cheap labor began to consider how to move to cheaper regions such as Southeast Asia. Jiang Yongyi, chairman of Yinglin Enterprises, which built the Foshan in Weihai in 1994, said that the wages of workers in the last three years have grown at an average rate of 20% per year, much higher than the speed of economic development and the degree to which enterprises can afford. Not only in Qingdao, but also in many parts of the country feel this pressure. Adidas announced that it will close its last self-owned factory in Suzhou, China, in October this year, which is currently the only factory of Adi in China; Yiwu, China's largest small commodity distribution base, has gradually shifted to a semi-finished distribution center, Southeast Asia. Merchants from developing countries such as the State and the BRICS countries transported them back to the country for assembly. According to data from the Ministry of Commerce, foreign direct investment (FDI) has seen a short-term positive growth of 0.05% year-on-year since May last year, and negative growth in other months, with FDI falling by 6.87% in June. To a large extent, the advantages of “Made in China†favored by foreign capital have been clearly indicated. The latest published July China Manufacturing Purchasing Managers Index (PMI) was 50.1%, down 0.1 percentage point from the previous month. Although slightly above the critical point, it has been falling for three months, especially for small businesses. The PMI was 48.1%, up 0.9 percentage points from the previous month, and was below the critical point for 4 consecutive months, indicating that manufacturing growth is under greater pressure. On the one hand, the "problem of the road ahead" is the influence of "Made in China", and on the other hand, it is constantly "escaped". Where is China's manufacturing industry going? Zhang Weiguo, director of the Institute of Economics of the Shandong Academy of Social Sciences, said that some low-end labor-intensive industries have obvious gradient transfer, from the United States to Japan and South Korea, then Japan and South Korea to China, and now to Southeast Asia, where labor and resources have The advantage will turn to where. Wang Wei, a professor at Shandong University of Finance and Economics who has long studied international economic and trade relations, believes that the “Made in China†brand expansion and the transfer of some labor-intensive industries are not a level. The former is “strengthening†and the latter is “removingâ€. It is a typical embodiment of China's economic transformation and transformation and upgrading of manufacturing. However, in the context of declining economic growth, we cannot ignore the impact of shrinking traditional manufacturing on employment. Some experts believe that in the context of the gradual disappearance of China's "demographic dividend", China's industrial transformation, product expansion to technology and cultural add-ons are more urgent, but there are also many difficulties in the specific transformation process. Especially in the context of insufficient innovation capacity and overall low industrial efficiency, China's strategic emerging industries are unlikely to play a significant role in stimulating economic growth in the short term. "Although the development of service industries or emerging industries is very important, at present, the real economy such as manufacturing cannot be ignored. The re-industrialization of the United States illustrates this point, but the protection of manufacturing cannot be relied on by low-end labor-intensive. Industry.†Li Tiegang, deputy dean of the School of Economics of Shandong University, said. Wang Wei said that due to the impact of the European debt crisis, the assets of some foreign companies have become cheaper. Chinese companies should go out in time. This is good for technology and the market. The brand will earn more after going out, even if it is partially produced. It will also be more beneficial to the entire national welfare as it moves out.
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