Home Business-newBusiness China seeks to increase trade with Mexico

China seeks to increase trade with Mexico

by Yucatan Times

According to Notimex, China has become the leading producer of cell phones, laptops and other electronics, and more than 70 percent of this equipment sold in Mexico is manufactured in the Asian country.

“For many years, the “Made in China” label had a negative connotation among companies and consumers of Latin American origin”, said Andrea Narváez, director of the China HomeLife Fair.

“This perception was mainly due to the fact that many companies in the region usually put the price on quality in their imports, but today thousands of Chinese products are in great demand at a global level, since these combine innovation, competitive prices and other qualities”, she said.

Carlos Acosta, director of Canamexi, a consultancy specializing in imports and exports, said that the most imported Chinese products in Mexico are autoparts, optical instruments and electrical appliances.



“But also sporting goods, toys, carton and paper are among the Chinese products with the highest growth in exports”, highlighted Acosta at the presentation of China HomeLife, which will bring 750 major Chinese suppliers to Mexico from June 13 to June 15 .

Narvaéz said that for Mexico it could represent a unique opportunity to meet some of the top Chinese high quality manufacturers and suppliers.

“And due to the great quality, innovation and competitive price of made in China products, this nation has become a global leader, so it is not strange that many of the items we use every day are of Chinese origin”, Acosta reiterated.

International figures indicate that about 70 percent of the world’s cell phones are manufactured in China, where about 1.7 billion smart phones are produced per year.

“In 2014, the Asian giant led the total production of laptops with 90.6 percent of the world total. It also accounts for 80 percent of total air conditioning production, which is more than 17 times the average of other nations, and 80 percent of the solar panels sold worldwide”, Acosta said.

“The growing demand for Chinese goods is mainly due to the competitiveness of its prices, the great quality of their products, as well as their functionality”, he reiterated.

Source: http://www.notimex.gob.mx/

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