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Manufacturing overwhelmed as value added industry by cathy ma





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Manufacturing overwhelmed as value added industry by
Article Posted: 08/22/2012
Article Views: 80
Articles Written: 929
Word Count: 476
Article Votes: 0
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Manufacturing overwhelmed as value added industry


 
Business

Manufacturing overwhelmed as value added industry

With the rise of the Chinese economy, China has become one of the fastest growing economies in the global. According to World Bank statistics, Chinas GDP proportion in the global economy has increased from 4.1% in 2001 to 10.4 percent in 2011; the further development of China cone crusher manufacturing industry, and overtook the United States as the worlds manufacturing value-added countries in 2010.
Performance-Based Interviewing (PBI) When the company plans to hire a large number of sales people into the same or similar positions (e.g., business to business sales rep, account executive), we offer Performance-Based Interviewing (PBI) services. This solution takes advantage of our team of Industrial/Organizational Psychologists who are experts in developing customized structured interviews for sales positions. After the interview guide has been developed and all questions are confirmed to be job-related, interviewers learn how to successfully conduct and score the PBI in a one-day course.
The rapid growth of foreign investment
A large number of foreign investors want to invest in China because of powerful economic influence, a huge consumer market, low labor resources, and increasingly sophisticated market economy and legal system, the gradual relaxation of foreign trade business and the substantial decrease in tariff. According to statistics, the national and regional investments are more than 190 in China and foreign-invested enterprises reached 347,000, more than 480 Fortune 500 companies conducted business in China. Chinese American Chamber of Commerce recently announced that more than 80 percent of U.S. companies optimistic about business prospects in China and 73 percent of companies plan to expand investment in China.
Simulation-based Assessments One of the best predictors of how someone will perform on the job is a measure of how they perform on a simulation of the job. This series of assessments can include in-basket and role-play exercises designed to give the candidate an opportunity to perform behaviors linked with success on the job. Materials can be presented electronically or on paper and role-plays can be either in-person or over the telephone. Exercises are scored by professional assessors. Results include feedback reports that are rich with behavioral examples of the candidates strengths and areas for development opportunity.
There are many forms of foreign trade in China, including direct orders from the outside, the establishment of representative offices, the establishment of the trading company of domestic capital, establishment of trading companies with foreign investment, increase the operating range of the original foreign-funded enterprises. In recent years, with Chinas ball mill industrial structure was further optimized, the foreign trade activities in China has also undergone changes, service trade has become a new hotspot of foreign investment. A notable feature of service sector growth in foreign investment is the rapid growth of the number of services utilization of foreign capital.

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