Suzhou has an industrial park, and Wuhan has an Optics Valley, Industrial Park. Both Suzhou and Wuhan are important manufacturing cities in the country, but the manufacturing directions of the two cities are still very different.
Wuhan’s military industry is very developed, and ship rockets and electromagnetic guns can be built. These are the shortcomings of Suzhou. There are 4 emerging industrial clusters in Wuhan, namely Wuhan integrated circuits, new display devices, next-generation information networks, and biomedicine. The numbers are as large as those in Beijing and Shanghai, but there are none in Suzhou.
The positioning of the two cities is different. Suzhou is positioned as a manufacturing base in Shanghai, providing manufacturing services for Shanghai. Wuhan is positioned as a national strategic emerging industry base, several grades higher than Suzhou. Labor-oriented industrial workers go to Suzhou, and technical high-end talents go to Wuhan.
Although Suzhou’s GDP is now higher than that of Wuhan, Wuhan’s advantages in science, technology, education, and transportation are far beyond those of Suzhou. Suzhou’s economy is built by factories, and the contribution rate of Wuhan is higher than that of Suzhou.
On May 7, the US Food and Drug Administration (FDA) said it had withdrawn N95 mask permits from more than 65 Chinese manufacturing companies after discovering a large number of low-quality products.
Withdrawn more than 65 manufacturing companies, all of which are among the 80 Chinese mask manufacturing companies authorized by the FDA on April 3. On April 3, the FDA made a decision in the “Usable Emergency Disposal (EUA) for disposable filter respirator manufactured in China that has not been approved by NIOSH (National Institute of Occupational Safety and Health)”. The regulation allows the import of masks from Chinese mask manufacturers that have not been tested by NIOSH but have been reviewed by independent laboratories. Mask manufacturers should demonstrate that they meet the standards of the US Centers for Disease Control and Prevention, which requires filtering 95% of particles 0.3 microns or larger, Including the new coronavirus.
For the reasons for this withdrawal, the FDA explained that the filtering effect of these masks did not meet the standards. Of the 11 N95 masks tested by the FDA authorized to be sold to hospitals, 7 masks failed. The NIOSH test found that the mask made by a disqualified Chinese company only filtered 24% -35% of the particulate matter, which is far lower than the standard for filtering 95% particulate matter required by N95 masks. In addition, the relevant agencies also inspected some unapproved N95 mask products. The FDA stated that one of the masks only filtered about 1% of the particulate matter.
According to the New York Times, the inspection of these masks began a few weeks ago, but the results were not released until May 7, “It is not clear why there was such a delay. It is also unclear how many masks were sold to Medical workers in the United States and whereabouts. “A spokesperson for the FBI did not give a clear response when asked about the issue.
Practitioners of a testing and consulting agency said in an interview with Interface News that companies whose organizations helped to enter the FDA’s EUA list were also revoked. “There may be two reasons for this phenomenon: one is that the quality of the products sent by the enterprise for inspection and the quality of the exported products are inconsistent; the second is that the standards are different.”
Although the FDA’s emergency use authorization also requires sample testing, the above-mentioned practitioners said that when the company’s product is submitted for inspection, its agency will also instruct to use the best product, vacuum packaging for inspection. And the second point, the analysis may also be that the testing standards and testing methods of domestic laboratories and US laboratories are different, resulting in differences in test results.
Many of the companies whose licenses were revoked were not originally specialized in the production of medical protective equipment. “The profit of medical masks is high, unlike the price of one or two pieces of civilian masks. The export price of medical masks is seven or eight. Some of them are sold for about 30 yuan(about 5 dollars). “The high profits make the company eager to try, but at the same time, the swarming has also caused a mixed situation in the market.
The business industry has exponentially grown from the past decades as the ever-growing market China has turned up limitless business opportunities for the foreign business to explore new markets and find new growth dimensions while sustaining their profits for extended periods.
China holds the key to the e-commerce sector, and the China-based B2B marketplaces were assuring a future that is sustainable for international business transactions. It’s no doubt that China leads a great global transformation and after the B2C market, the B2B market will take individuals with surprise while the Chinese marketplace is facilitating the b2b industry as a chief game player.
Alibaba
If you are business owner operating from anywhere across the globe and searching for a reliable Chinese source for your business, here is the list of top ten B2B china based marketplace that has earned the top ranks in 2019. With its great inauguration in 1999, Alibaba has beaten the giants of online trading platforms such as Amazon and eBay beating their annual targets in 2012 with the sales of $170000 million. Some of the other brands associated with Alibaba are Ali express, Ali pay, and Alibaba international.
eWorldTrade
eWorldTrade is the second largest B2B platform providing a broad range of e-commerce service, in China as well as all across the globe. eWorldTrade is the subsidiary of Reckon Media LLC. and has been extensively growing its database of clients, facilitating users to enjoy a greater range of positive, valuable, and secure experiences. The B2B platform stands among one of the best for the lead generation. The b2b online trading network promotes transparency and high-end product with comprehensive business solutions.
ECVV.Com
The end to end B2B service ECVV offers the product sourcing and supply network services assuring the high-end product and transparency of the payment from the buyers, though the ECVV works with pay per click strategies and payments are made through verified sources. Founded in 2003, ECVV has objectives to promote global trade more efficiently, and the platform dominates the Chinese B2B industry.
ThomasNet
Thomas net stands among the leading B2B platforms that hold a huge assortment of goods. The B2B platform facilitates huge demand of various industrial sector with offering to more than 490,000 suppliers and buyers. The platform provides a detailed view of suppliers, creating a secure and transparent transaction among the buyers and the seller.
GlobalSources
The Hong Kong-based e-commerce B2B platform global source registered with NASDAQ is quite an old player. The global source has made tremendous progress from the past couple of years and has more than a million international buyers currently registered on the vast b2b platform. The platform has a unique B2B sales strategy, and that is the determinant of its long term presence in the market with continuous growth. The best point of this platform is that it verifies the reliability of the manufacturers and suppliers registered that only a few other platforms offer. Moreover, global sources take an active part in trade show campaigns bringing buyers and suppliers together.
Made in China
Among the leading platforms made in China has created its worth. Developed by the focus technology based in the country of China, it’s the leader in the electronic trading industry. All the products are china made or made in Taiwan. Despite many sanctions, it remains one of the most successful websites across the globe for B2B sales.
DH Gate
The leading wholesale B2B platform for well-established in China is none other but DH gate you must give a try. It has created a record of quality services and products offering in rates that cannot be found with any other B2B network. Moreover, it’s a Chinese platform; however, also work in the English version. DH gate also facilitates products manufactured from small and medium enterprises. It offers safe payments and reliable logistic services from China as well as other regions of the globe.
EC21
The online marketing tool enables global sellers to improve the exposure of their products and get the most potential buyers. It’s well-established product categories, and intelligent keyword optimization facilitates buyers to easily find the products they want with only a few clicks. With the online B2B platform, the buyers can also place their purchases and get the right deals from the manufacturers and sellers. EC21 has been the most important tool for the business owners across China Korea and the US
IndiaMART
A notable b2b platform Indiamart successfully offers the B2B, B2C and C2C services through its portal. Indiamart has been labeled as the largest online marketplaces in India and next to Alibaba, making revenue of 200 crores. Founded by Dinesh Agarwal and currently employees more than two thousands of the professionals in the leading cities of India. Similar to 2015 it earned more than 3 million suppliers on the website.
Makepolo.com
Another leading B2B platform assisting the SMEs to exceed the precise and profitable trade search with the flawless trade and marketing, the B2B marketplace has a wide range of products with 10 million SMEs in China and other regions from the globe.
In a nutshell
The above discussed b2b market leaders emerging from China have been the game player in changing the entire prospect of the e-commerce industry. Several industrial norms have been established by these massive projects that cannot be quickly challenged by new entrants and competitors.
Author Bio: David Clive is a marketing professional and is responsible for researching and developing strategies for Online Reputation Management (ORM), SEO, and managing web development projects. He can be found on [email protected]
