Economic Observation: How Does Made In China Cope With The Competition Of Southeast Asian Countries

 

In order to cope with the competition from Southeast Asian countries, the only thing that can be done is to increase R & D investment, upgrade the industry as soon as possible, and avoid falling into the quagmire of cost competition.

After the international giants such as Nike and Zara left their production capacity to Asian countries, they still occupy the top of the industrial chain and make most of the profits by relying on design and marketing;

Later, the electronic information industry of South Korea, relying on the government's industrial policies and high-intensity R & D investment, has been able to occupy a place in the global competition.

In China, Chinese car companies that failed to achieve overtaking in the era of traditional fuel vehicles have begun to emerge in the global market in the era of new energy vehicles with the advantages of battery, motor and electronic control.