Manufacturers seek to raise US worth, profile
Updated: 2013-01-29 13:14
By Zheng Yangpeng (China Daily)
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"You should not say that in this way. Otherwise, they will not understand," one of his colleague, a Chinese who had lived in the US for many years, said after reading the draft.
"You should tell them explicitly that they did not meet their targets, and the board of directors is very upset about that. Put it more clearly: 'You will be out of here if you do this again next year'." his colleague said.
'Made with China'
Besides creating jobs, Chinese businessmen said their largest contribution to the local market is still their products.
By directly establishing distribution networks in the US, they get rid of several stages between the factories and the stores, thus saving the markup in the process. This has ensured their profit margins while offering local consumers a fairer price.
Cao from Taotao said by getting rid of the distributors and building his own sales network, he successfully cut retail prices by 10 percent and improved his profit margin.
His US customers also enjoyed the benefit. The ATVs he sells use an average $100 less in gasoline than an average car, which made the products very popular with young people in cities such as Las Vegas.
"I think the concept of 'made in China' has been discussed too much, as if China is the only beneficiary. In fact, in this globalized world, 'made in China' actually is 'made with China'," said Song Ru'an, deputy consul-general of China's consulate in San Francisco.
Asked what she hoped the Chinese government could do for her company, Dong smiled: "Of course we like subsidies and a lower exchange rate. But I would be more glad to see more government overseas branding of the concept of 'made in China'. A positive image is so important for us."
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