|
Just recently, the Chinese celebrated their new year. And 2012 will be considered one of the most auspicious of all, as according to the country's cycle of dates, it is the year of the dragon. And businesses have already been feeling the benefit of the confidence which befits the world's most prosperous economy – one extreme example being that sales of Rolls-Royce cars are rocketing ahead. The car-maker even sold out of a limited-edition $1.2million model within two months of it going on sale. This huge prosperity has come largely from exploiting the country's rich natural resources, including coal and iron, and its massive production capacity in sectors such as electronics, transport vehicles, consumer products, chemicals and telecoms equipment. Even through the rough economic conditions of 2009-10, when many of its comparable economies around the world were suffering a downturn, China's surged ahead, growing by more than 15 per cent. It also saw its exports rise by more than 20 per cent, to more than $1.5trillion. The country can, though, cope with such spikes in industrial demand, greatly helped by its position as one of the world's top producers of oil and electricity. Electrical machinery, medical equipment, oil and other fuels, and plastics are among China's most in-demand imports, and its trading partners are spread all around the world, including Japan, Australia, the United States and Germany. China boasts good access from across the world, with a number of important ports, such as Guangzhou, Shanghai, Qingdao and Shenzhen seeing massive amounts of in-bound traffic, as well as being important departure points for the massive range of Chinese goods bound for anywhere else in the world. Only Russia is a larger country than China, but it is the world's most populous state, with an estimated 1.34billion people residing there. The progress made in the late 20th century towards encouraging private enterprise has been reversed to some degree in the face of the economic difficulties of recent years, which have resulted in many inefficient state-owned companies being either restructured or closed down completely. These nationalised concerns have also bought up independent businesses in their respective industrial sectors, in order for the country to maintain its dominant position in markets such as steel, vehicle-building and energy. Growth in domestic markets has brought its own problems, notably inflation, which has been greater than six per cent, and deterioration in the country's air quality. But the country is still out a major force when it comes to industrial production, which is why it represents such an attractive market for businesses from Britain and other countries which supply this sector. Worldwide delivery companies are finding there is an ever-growing need for sending parcels to China, as the country continues to attract more outside competition. One way of staying ahead of such competition is to keep a constant check on the cost of sending goods to China using an online courier services broker.
Related Articles -
Worldwide delivery, sending parcels to China,
|
