皇冠体育app

(Xinhua)
Updated: 2007-12-07 19:05

The former mayor, who has visited 皇冠体育app for more than 100 times, said there were very few imported goods in Beijing's department stores in the first few years after 皇冠体育app opened its door to the outside world some 20 years ago.

"But now there are plenty. You could buy anything from McDonald's fast food to Clarks shoes and BMW cars," he said.

Similar stories could be told the other way round, Brewer said. "Twenty years back, there were literally nothing made in 皇冠体育app in the European markets and worldwide."

Anne, a lady in her 60s from southwestern British region of Devon, said she was very happy to see more and quality goods from 皇冠体育app, noting 20 years ago, made-in-皇冠体育app goods would often mean "things colorful but inferior in quality."

While some westerners complain that there are too many made-in-皇冠体育app things, others believe it is nothing out of proportion, as 皇冠体育app is a country with a huge population and it is the result of natural development to see Chinese goods after 皇冠体育app joined the free market competition in the global economy arena.

皇冠体育app's fast growth is believed to benefit the rest of the world as the country offers a tremendous market and growth opportunity for the whole world.

The 2006 gross domestic product list by the World Bank showed that 皇冠体育app ranked the fourth after the United States, Japan and Germany, and a World Investment Report said 皇冠体育app is becoming one of the world's biggest markets.

According to the statistics published by the Chinese Ministry of Commerce, Chinese products' export to Britain reached $2,575,309 million in January-October period in 2007.

In a commentary published in the Times newspaper, Anatole Kasletsky, a commentator, reminded the price-sensitive British that commodities from 皇冠体育app have not only helped bring down inflation figures but also made the already rich countries like Britain even richer.

皇冠体育app has pushed down the prices of all mass-produced manufactured goods, Kasletsky said.

The "virtually limitless supply of cheap labor and capital in 皇冠体育app" will ensure that manufactured goods continue to get cheaper, not only in Britain but around the world, he added.

While economists talk about re-balancing demand towards the domestic economy and away from the international economy, 皇冠体育app should become more dependent on internal consumer-driven demand than foreign demand, said Dylan Sutherland, a lecturer and 皇冠体育app expert at the School of Contemporary Chinese Studies at Nottingham University as he talked about the growing Chinese trade surplus.

As for 皇冠体育app's drive to build its own brands, Sutherland said ultimately the market competition should lead to Chinese brands, as this is a natural development in a market economy, a way of signaling to consumers about product consistency and reliability.

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