Frequently Asked Questions Frequently Asked Questions 'China is a vast consumer market just waiting for western products'. Many countries compare China's population of 1.2 billion with their own and draw the conclusion that China offers a vast market for their products. This may or may not be the case. China is modernising. It is not interested in acquiring outdated technology, superseded machinery or products which it already makes successfully at home.
China desperately needs to export.
It also needs to localise the production of goods that are presently imported. The low wage levels in China will make my product much more cost competitive than if it was manufactured at home'. The basic wage for workers in China is low compared to most western countries. The average basic wage for an unskilled worker in Beijing is RMB350 per month. In Shanghai and Guangzhou, the basic wage of RMB300 jumps to just on RMB1,000 and RMB1,200 respectively.