Innovate to cement hub status
By Wang Yanlin |
March 31, 2011, Thursday
|
Print Edition
Print Edition
CHINA remains an attractive place for global sourcing despite rising labor and operational costs, experts said at a forum in Shanghai yesterday, citing the country's ability to provide one-stop sourcing solutions.
But China needs to encourage innovation to help it cement its position as a global sourcing hub, they said at the 2011 Pudong International Sourcing Forum.
"China is still very competitive," said Diane Long, managing director of Xanadu Enterprise Ltd and vice president of UBS International. "It is because the country can provide comprehensive and stable supply chain services."
Feng Zhe, director of sourcing at BP China, said the country's good infrastructure is a huge advantage for it to remain a major center for sourcing, while other experts said rising labor costs are still less costly unlike those in developed countries.
Sha Hailin, chairman of the Shanghai Commission of Commerce, said at the forum the city will build international sourcing as a core pillar to transform the city into a global trading hub.
But China needs to encourage innovation to help it cement its position as a global sourcing hub, they said at the 2011 Pudong International Sourcing Forum.
"China is still very competitive," said Diane Long, managing director of Xanadu Enterprise Ltd and vice president of UBS International. "It is because the country can provide comprehensive and stable supply chain services."
Feng Zhe, director of sourcing at BP China, said the country's good infrastructure is a huge advantage for it to remain a major center for sourcing, while other experts said rising labor costs are still less costly unlike those in developed countries.
Sha Hailin, chairman of the Shanghai Commission of Commerce, said at the forum the city will build international sourcing as a core pillar to transform the city into a global trading hub.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
