Industrial Insight

China is smaller as a manufacturer than US | May 31, 2010

http://blogs.forbes.com/china/2010/05/24/the-myth-of-chinas-manufacturing-power/?boxes=Homepagelighttop

The Myth Of China’s Manufacturing Power

May 24, 2010 – 3:45 pm
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Helen Wang

In the United States and Europe, the manufacturing industry was created due to technology innovation. For example, railways came into existence because of the invention of the steam engine and automobiles were created because of technology breakthroughs in automobile engines.

In China, the manufacturing industry is being created in response to global demand. Chinese manufacturers take orders from Western companies that have designed products for their home markets. They have no involvement with product development, innovation, market research and even packaging. Chinese manufacturers have no experience in bringing their own products to overseas markets.

The latest data show that the United States is still the largest manufacturer in the world. In 2008, U.S. manufacturing output was $1.8 trillion, compared to $1.4 trillion in China.

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I'm the executive vice president for a steel casting trade association, the Steel Founders' Society of America. I've got a crazy wife, five crazy children, three crazy people that married into the family, and two crazy fun little grandsons.

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