Come meet our team at the International Home & Housewares Show March 11th & 12th 2018 where art intersects with engineering and technology to inform 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 at email@example.com
Want to manufacture a product in China? Come meet the Genimex Team at the Ambiente 2018 (February 9 – 13) and we’d be happy to help you with your product design, product engineering, manufacturing in China, quality control and shipping. The Ambiente show will be held in Frankfurt am main, Germany February 9th-13th 2018. Contact us now at firstname.lastname@example.org to setup an appointment.
We are once again at the busiest time of the year for us (December-January), when our clients and potential clients speed up their decision making due to the approaching Chinese New Year holiday. Some even panic when they ask us the dates and realize it’s just around the corner… so we thought we’d write an article about why is it a stress factor and what really happens during Chinese New Year and how to cruise through it without too much disruption in your supply chain.
What is Chinese New Year?
“Chinese New Year (CNY)”, or “Spring Festival” is considered the Thanksgiving or Diwali of China only on a much larger scale. Continue reading How does the Chinese New Year impact Manufacturing?
Some of you have probably heard from your agents or factories in China that they were shutting down manufacturing facilities and didn’t know when they would open again. Will they make you wait for months or will they just stop manufacturing altogether until they get up to code? But how can you know if you are at risk? Continue reading Worried about your factories in China during the environmental crackdown?
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)