Fuyao Glass President Mr. Cao Dewang’s comparative argue over the manufacturing cost between China and America has raised hot debates among Chinese officials, business and academic sectors. However, ANBOUND’s chief researcher Chen Gong points out that the data about the difference between China and American manufacturing only provides reference. For China, the overwhelming of cost growth over the increase of productivity should be the main focus. The gap will further impose structural effect on Chinese economy over the long run. Therefore, the coming policies in the near future are better to swift toward reducing the corporate cost and increasing the labour productivity.
