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Indigenous Chinese Hi-Tech Manufacturers Continue to Improve Productivity
July 2008
Recent research by McKinsey throws up some interesting conclusions on the rate of productivity improvements being achieved by Chinese hi-tech and electronic companies.
- private sector Chinese companies already outperform the multi-nationals
- growing focus on better designed mass market products has helped
Chinese technology companies grab a larger share of the domestic market
The research concludes that China will continue to be an attractive manufacturing base as long as productivity grows more rapidly that labour costs.
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