Got a Coffee related product or idea? Want to manufacture it in China? Come meet the Genimex Team at the New York Coffee Festival 2017 (October 13 – 15) and we’d be happy to help you with your coffee product design, product engineering, manufacturing in China, quality control and shipping. The New York Coffee Festival will be held at the Metropolitan Pavilion at 125 West 18th Street, New York, NY 10011 October 13-15th 2017. Contact us now at email@example.com to setup an appointment.
China represents a $250 billion market for US companies today, according to estimates of the U.S.-China Business Council. McKinsey & Company estimates that 76% of China’s urban population (550 million people) will be considered middle class by 2022 making it the 3rd-most populous country in the world with more than 160 cities with populations of at least 1 million.
Additionally, the e-commerce opportunity should not be missed with Chinese consumers buying $589.61 billion (+33.3% from 2014) worth of goods, according to the National Bureau of Statistics in China, compared to only $341.70 billion spent online in the US in 2015. The same year, China’s 500 largest e-retailers grew their combined online sales by 60% to $198 billion. Continue reading Distributing your Brand in China
After convincing the world that they were the next economic superstars, three “BRIC” nations (Brazil, Russia, India), are sliding down the list of expected power players. As the exception, having proved all previous predictions to be right, China remains the most competitive.
However, according to Deloitte’s 2016 Global Manufacturing Competitiveness Index, “its future competitiveness is expected to have different attributes. Rising costs, an evolving middle class, changes to its ‘one-child’ policy, and greater focus on technology and innovation may soon change China’s global manufacturing trajectory.” Simply put, as China’s middle class expands and its economy shifts toward technology, other countries will maneuver to become the next go to countries for low cost manufacturing. So, which countries are coming into focus as significant potential competitors to China’s lead for low cost manufacturing? Continue reading How China Compares With Other Southeast Asian Nations For Manufacturing Labor Intensive Consumer Goods? “The Rise of the Mighty Five (MITI-V)”
The price of paper and wood pulp on the global market has been on the rise for the last few years, which in turn is causing an increase in the cost of packaging for many businesses in China. But, why are paper and pulp prices rising?
One reason for the rising prices is an increase in e-commerce activity, which has accelerated the need for cardboard boxes. Another reason for the hike in paper prices is that toward the end of 2013, the Chinese government began its air, water and soil pollution prevention plans. Continue reading China sourcing: Pulp-based Packaging Price Status & Outlook
Join us for the first Summit of the Futureworks Incubator Program! You will have the chance to meet mentors just like David Chitayat, CEO at Genimex, with expertise in business, manufacturing, and design so come prepared with all your questions on manufacturing, prototyping, quality standards & quality control, and more. The Genimex team is ready to help! The event will be held at 9.30am at the Kickstarter headquarters in NYC. (58 Kent Street Brooklyn, NY 11222)
In addition to sharing a meal with like-minded professionals, attendees will learn about tips and best practices for manufacturing products as well as what common mistakes are made and how to avoid them. You will also learn about the latest trends and strategies in product design & development, manufacturing and supply chain management. The event will start at 1pm so please arrive at 12.45pm at TheFarmSoho (447 Broadway, 2nd Floor)
Join us for the first 2017 Workshop of the Futureworks Incubator Program! Startups such as StrongArm, BotFactory, Dog Parker, Wear Works and more have been part of this program and we are excited to meet the 2017 cohort. Come hear stories of how entrepreneurs continue to navigate from idea to prototype to manufacture and scale. Genimex will be mentoring companies taking this program. The event will be held at 6pm at A/D/O, a new design space in Brooklyn, NYC. This is a workshop where we will be engaging in a few simple exercises with the panelists, and will ask you to participate and get to know one another!
“The trajectory of the next four years will hinge on whether China and the United States can avoid a trade war or any other kind of War.” ~ Richard Haass, president of the Council on Foreign Relations
In early April, President of the United States Donald Trump and his Chinese counterpart President Xi Jinping of China dined together at Mar a Largo. How cordial the dinner would be and what would be discussed were matters which the entire world was waiting to know. The relationship didn’t start well, though. As president elect, one of Trump’s first calls went to Taiwan’s president. China took that as a slap in the face to nearly fifty years of diplomacy.
Continue reading The United States/China Manufacturing Relationship: A 100-Day Plan
Exciting hardware startups and creators of Japan will come to NYC alongside investors & community supporters. Exciting hardware startups and creators of Japan will come to NYC alongside investors & community supporters. NYDesigns, an incubator for design and hardware tech startups in Long Island City, NYC’s fastest-growing neighborhood, will host a series of meetups. Genimex is excited be part of Day 1 on April 17th 2017 Monozukuri Meetup featuring Rapid Prototyping & Design for Manufacturing so come see us present Genimex to this community of inventors and startups.
Come meet our team at the International Home & Housewares Show March 19th & 20th 2017 where art intersects with engineering and technology informs style. Come discover with us the latest innovations and trends. Make your appointment now by calling us at 1-855-GENIMEX (436-4639) or email us.