Aluminum CNC Machining Mechanical Car Parts
Shenzhen Pride Industrial Co. Ltd is a solution provider which specialized in high precision parts and hand molding. with a wide range of materials suited to different industries and specialize in both short to mass productions and prototypes .
we develop the custom designed-parts , with a wide range of materials suited to different industries and specialize in prototyping , tooling and both short to mass run productions finally .
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Since the outbreak of the Sino-U.S. Trade friction, some people believe that the trade friction will press Chinese companies to transfer production on a large scale, leading to the hollowing out of Chinese industries. Some Southeast Asian countries such as Vietnam will replace China in the global supply chain. And the Canton Fair's participating industry reflects that the space for China's industrial relocation is actually quite limited. For example, Vietnam's population is only 114% of China's, and infrastructure conditions and workers' quality are very different from China's. China currently accounts for 2822% of global manufacturing capacity, while Vietnam accounts for only 0.27%. Many companies found after overseas inspections that the investment space in Southeast Asia and other places is approaching saturation and can only be developed in Bangladesh, India, and Africa. However, the capacity of these countries is also limited, and political and social instability exists.
Some other companies believe that there is no real interest in transferring production outwards. Zhejiang Beifa Group Co., Ltd. has strengthened domestic supply chain management to cope with difficulties internally. Shanghai Ocean Fan Industrial Co., Ltd. established a factory in central Jiangsu to reduce production costs. Some companies are also forced to increase the overall cost of overseas investment. At the same time, in order to accelerate the pace of product upgrades, they have begun to transfer overseas investment back to China. This shows that at present, it is difficult for other countries and regions to completely replace the Chinese industry, and the danger of hollowing out the Chinese industry is small.
Although foreign trade companies have encountered great development difficulties, in the long run, this will also force them to accelerate change and develop faster and better.
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