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The company is the world’s leading contract manufacturer of electronic products, producing transaction automation products, related software, printed circuit boards and electronic system devices. 3. Flex (Shenzhen & Zhuhai) Flex is a global leader in electronics manufacturing with significant operations in China.
China has undoubtedly been a major market for contract manufacturing, thanks to its manufacturing capabilities and developed supplier base. In this article, we review contract manufacturing in China, including the benefits, risks, but also how you can find contract manufacturers.
In this article, we’ll look at the steps to take before sourcing a manufacturing partner, the types of partners available in China, and some suggestions for sourcing a Chinese factory. We’ll go further into the process and examine what to do during production.
Contract manufacturing in China offers numerous benefits, including cost-effectiveness, high production capacity, and advanced technology. However, finding the right manufacturing partner requires careful planning, research, and due diligence.
Contract manufacturing in China offers businesses across the globe an opportunity to enhance their production efficiency, reduce costs, and tap into a vast network of skilled labor and advanced technologies.
The manufacturing contract in China must comply with three basic rules: 1, Do not directly use an American-style agreement. 2, Include Penalty Clauses in Chinese Contracts. 3, Draft the China manufacturing contract to make it enforceable in China.
Contract manufacturing in China: What is the scenario? Despite the slump in trade activity during the initial months of 2020 due to the pandemic, exports in China rose to US $ 237.2 billion in October 2020. This shows an increase as compared to exports in the same month in 2019.