Earlier this month, when Chinese government revealed its “Made in China 2025” plan, it mentioned that the focus is to transform the manufacturing sector in the country to a world manufacturing power. So far Chinese manufacturers have been usually known for producing low-end manufacturing products such as toys, shoes, and garments by capitalizing on the availability of cheap labor and resources. Called as the “World’s Factory”, around 90% of the goods manufactured and exported by China are not indigenous brands.
Some Chinese firms have started taking efforts to boost the image of the country as a manufacturing power. Shenzen-based technology firm DJI is the leading manufacturer of recreational and commercial drones for videography and aerial photography. When it was started in 2006, the idea of civil drones was an alien concept. Today, the company holds around 70% share in the global civil drones market, with demands mostly from North America and Europe.
China CNR is another Chinese company, helping China to shed off the image of “World’s Factory”. The trains manufactured by the company contribute to 80% of rail transport services in Rio de Janeiro. Recently, a Brazilian subway company gave an order of 604 commuter and subway trains to the Chinese manufacturers.
Baidu, Alibaba, and Tencent have made their mark as Chinese internet companies with global appeal. In telecom sector, ZTE is the fourth-largest smartphone maker in the U.S. while Herborist, a Chinese herbal cosmetic maker has become popular in Paris with its spa services and Chinese cosmetics.