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China

In 2015, China’s GDP exceeded 11 000 billion US dollars and amounted to 17.75 percent of the world economy (according to tradingeconomics.com). With the population in excess of 1,3 billion (in 2015), the nation’s GDP per capita was a modest $6497.5 and or only 51% of the world’s average. The resource also suggests that labor costs in China are on decrease and are set to see a new low in 2017.

When posed with the task of large-quantity manufacturing, producers across the world often eye China as their first option, primarily because of its low-cost manufacturing. Then the problems start: from communication and cultural difficulties to unstable quality and unreliable timing.

Paying a one-off visit lends little help, while relocating the company’s management and engineers to China is rarely an option.

MyCom Suppliers Monitoring is an international engineering company providing top-quality supplier inspections, monitoring, audit as well as full technical and engineering support. With two permanent offices in China (Shanghai and Guangdong), MyCom offers unmatched inspection precision and a fast, reliable service.


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