As of March 2024, the global trade landscape for China Manufacturing actors remains uncertain due to various factors such as geopolitical tensions, supply chain disruptions, and the ongoing impact of the COVID-19 pandemic induced disruptions. Despite these challenges, experts predict that world trade will continue to grow in the coming years, albeit at a slower pace compared to pre-pandemic levels.   This year, China’s premier Li Qiang announced a growth target of 5% for the Chinese economy, while WTO projects a 4.6% growth for the country. Projecting confidence, he nonetheless confirmed that Chinese people would need courage and wisdom to overcome the obstacles to a greater future.  1 Li Qiang, China’s Premier addressing the 14th National People’s Congress in 2024 [Credit: XinHua] China Manufacturing role in Global Trade in 2024 Robust exports over 2024 says WTO China, as one of the world’s largest exporters, plays a crucial role in shaping the global trade outlook. With its strong manufacturing base, far-reaching supply chains, and export-oriented economy, China has been a key player in driving international trade growth. According to a report by the World Trade Organization (WTO) in 2023, China’s export capacity is expected to remain robust in the near future....

When China underwent economic reforms and opened its doors to international business, it embarked on a transformative journey that would make it a manufacturing behemoth on the global stage. But recently media overseas have been keen on spreading words like reshoring,  decoupling, or even de-globalization. Anyone involved in manufacturing outsourcing understands that, for now, these are mostly thoughts with little reality to them. However, are we the last breaths of a golden age where everyone depended more or less on China for a large array of machinery, white goods, and fast-moving consumer goods? Title of an article from the “Reshoring Institue – Non-profit and Non-partisan” The above title accurately shows how ambivalent attitudes can be toward a trend called “de-globalization”. But in the end, most publications found by our team when searching on Google all agree on one point: this is not the end of globalization. However, most content found online implies that there is a willingness to take a step back and implement change to redistribute interconnections and leverage. With that in mind, let’s see what is at play regarding China. CHINA IS STILL THE WORLD’S FACTORY There is no doubt that, notwithstanding COVID-19 disruptions and all, China is...

Many furniture importers have had to face unprecedented disruptions over the last 3 years. Although some may have decided to go back to local sourcing, JS Sourcing and its hospitality clients have taken note of a less stable environment, increase in costs and contraction in hospitality furniture vendor numbers. Today, we have decided to share 6 keys to successfully source international furniture from Chinese vendors in 2023.

3 reasons why China still relevant to outsource manufacturing and participating to world growth in 2023

With sustainability entering every walk of life, people have adopted eco-friendly materials and construction practices. Builders are opting for sustainable building materials, and one of the biggest reasons for this is that the construction industry directly impacts the global environment through landfill pollution and greenhouse gas emissions. Builders also challenge surface-level and atmospheric pollution by sourcing wholesale building material supply as more manufacturers create low-impact construction materials to protect the environment. Hence, sourcing companies are now helping builders and contractors obtain sustainable construction materials; this is how you can seek the right sourcing company for sustainable construction activity. Finding A Certified Supplier Sustainable building materials can be sourced by assessing their product certifications. The GreenGuard accreditation is one of the world’s most trusted marks for sustainability to building materials which regulates volatile organics compounds (VOC) and other contaminants. Keeping a check on VOCs in building materials can protect human health and the ecosystem as they create ground-level ozone when interacting with vehicle emissions. Looking For Sustainable Characteristics Getting help from a reliable sourcing company’s construction professionals can ensure project sustainability. Looking for eco-friendly material characteristics that are durable and low-maintenance materials when preparing for projects will allow the materials to last...