In 2022, US-China trade reached record levels with forecasts for further increases. In the wake of Covid-19 and the chaos in the global supply chain, there were intentions to bring production back closer to home in the EU, UK and US.
But did that happen?
With the rise in energy costs, we have seen more manufacturer closures across Germany, the UK and other countries. China has 5 stars when it comes to manufacturing and has mastered the craft for many decades, establishing partnerships with over 78 countries since 1993. China has been fairly consistent in building long-term manufacturing partnerships, regardless of a leadership change.
“A single conversation with a wise man is worth 10 years of study.”
– Chinese proverb
It is important to decide where to outsource your manufacturing for long term partnerships in China. There are two options to choose from. Do it yourself and go straight. Or contact a trusted sourcing company like Global Trade Specialists.
“If you want prosperity for a year, grow crops.” If you want prosperity for 10 years, grow trees. If you want 100 years of prosperity, grow people.”
– Chinese proverb
Option 1: Building Your Own Relationships in China
Building a long-term manufacturing partnership in China takes a lot of understanding, wisdom, maybe some luck, and years of investment. Some of the hurdles to overcome include finding and qualifying a proven manufacturer, understanding the business culture, understanding the business lingo, good cultural and communication skills, and of course, plenty of patience when things don’t go as planned. In other words, they must develop what the Chinese call “guanxi,” the backbone of Chinese business success. Time and money will be a great expense before production can take place.
“Cheap things are not good; Good things don’t come cheap.”
– Chinese proverb
Option 2: Hiring an Established China Sourcing Company
The second option is to hire a procurement company. For you to take advantage of the many years this company has invested in building long-term manufacturing partnerships across China. This strategy will save you time, headaches, and money. The company like Global Trade Specialists has existed for over 30 years. Finding the right qualified manufacturer for our customers is a crucial part of our business. We have three teams in China that select the right qualified partner manufacturer for the project, prepare price quotes through our partner companies, ensure that the factory protects our customers’ intellectual property, ensure that all certifications are in place, and guide the product from Production to shipping.
Ready to Have Your Product Made in China?
The first step is to provide us with information, prints and/or samples of your product. Once received, we will guide you through the manufacturing process in China step by step.
