The subordinate of ABSG, Dynasty Investment & Management, LLC, chooses the better program of manufacture to invest.

The advantage of manufacture in China is mainly the labor cost, and the relatively complete industrial facilities. The disadvantages are the irrational industrial structure, the incompetence of research and development and innovation, and low labor productivity.

After World War II, the United States established the most powerful manufacture system in the history. The products once filled the world. The products from a tiny object like razor, dishwasher to a large area like energy, chemical, iron and steel, automobiles, aircraft etc. are posted the label of “Made in the USA”. And the U.S. had dominated the world’s manufacture center for nearly half a century. However, with the development of economic globalization, the U.S. manufacture gradually tends to relocation. Japan and Germany wined a lot of high-end industries, and China mainly wined low-end industries like labor-intensive industry, but the core of high-tech and high value-added manufacture still stays in the United States. Even though a lot of industries have been transferred, their profits, branding, design, technology and marketing were still controlled by the United States. In 2009, the total output of the U.S. commodity is $ 1.717 trillion, which accounted for 19.9% of global manufacture output; the United States is still the manufacturing giant in the world.

 

The industries which still remain superiority:

1.Military industry

Military industry is a pillar industry in the United States. In the arms market of the world, the American weapons are the best and well-known for their advanced performance, best quality, the most complete variety, and the best combat effectiveness. Take the ranking of the world’s military enterprises as an example; there were 7 American enterprises in the top 10 and 43 in top 100, while only 9 Russian enterprises.

2.Aerospace industry

The United States has the aerospace manufacture system with the world’s most advanced technology and the most complete variety. The United States occupy an absolutely dominant position not only in military aircraft and military satellites and other military products, but also in civilian products.

3.Information industry

In the information technology industry, the United States still occupies the dominant position. It is the first country which achieved the informatization and half-informatization of military, industry and other fields. The birthplace of the world information industry is Silicon Valley, where gathered almost 9000 high-tech companies, and most of the companies based on information industry.

4.Bio-pharmaceutical industry

As the birthplace of modern biotechnology, the United States predominates in the field of bio-pharmaceutical in the world. At present, the United States owns about 1500 bio-pharmaceutical companies; Japan owns 600 and Europe 300. 63% the biopharmaceuticals species gathered in North America (mainly in the United States), 25% in Europe and 7% in Japan. The market value of 150 kinds of listed bio-pharmaceuticals reaches up to $ 300 billion, and both of the products and market sales account for 70% or above in the world.

5.New energy and new material industry

In the field of new energy, as the giant energy consumer in the world, the United States has advantages, but not the absolute advantage. Currently, the United States is one of the major countries that produce new energy.

Otherwise, (petroleum) oil refining industry, automobile industry, equipment manufacture, chemical industry, electronics and electrical equipment manufacture, forest and paper products industry, household appliances manufacture and other industries in the United States, are still maintaining a greater advantage in the world.

However, due to globalization, the financial crises, labor cost and other factors, most manufacture in the United States have suffered different degrees of atrophy. Among them, the high-tech fields such as automotive, electrical and electronic equipment, semiconductor chips, computers, mobile phones, equipment manufacture, pharmaceutical industry, new energy and new materials challenged by Japan, South Korea and Germany and other European countries; and low-end industries such as textiles and clothing and shoes, toys, light industry, household appliances (TV), furniture, ceramics, steel, mechanical and electrical are mainly occupied by China and other countries.

In short, there is a huge space for the United States and China to cooperate and to learn from each other