Nowadays, there is a heated debate about whether foreign capital is being withdrawn from China. What is the development prospects of core pins and sleeves manufacturing industry in the world of foreign trade? Has the decisive battle of China's foreign trade started? Why are foreign companies evacuating China?Let's have a look about it.
Firstly, the cost of production in China is high.
Secondly, the access threshold for foreign investment policies has been raised, and preferential policies have been cancelled.
Thirdly, the Chinese labor force is no longer cheap.
Fourthly, the increasingly fierce market competition
From the above, we can see that the competitiveness among various industries is becoming more and more intense. In the world of foreign trade, the development prospects of core pins and sleeves manufacturing industry is also facing a threat. We have to know that if the core pins and sleeves manufacturing industry go wrong, The machine for creating wealth will be seriously hampered.Therefore,the manufacturing is the root of a tree, the root of the country, so we should actively cultivate skilled talents and master the real technology!