The idea of a "China Standard" as suggested in the previous blog of the Super Pilipinas is a thing that would address the deficiency of adequate manufacturing status in the country, where we find China has already conquered the majority of car manufacturers in the world through partnerships methodology.
The current condition of the manufacturing sector in the country do not possess the position to drive up exports or counter imported products that makes importation to be less in form caused by the insufficient numbers of our local factories in most industries.
Now, comes the idea of a China Standard.
The biggest reason of the inflow of foreign capitals and industries to China is due to the least labor cost of that region that had attracted businessmen all over the world to take that advantage. With the knowledge then that we cannot give what China can give, the remaining question to fight back is our willingness to do and sacrifice a little to remain competitive and raise growth for the county and give "ample" to "minimal" resource opportunities for our people under the temporary condition just to gain technology and economy for the long term.
To attack the cheap labor in China can be done here equally under certain terms and conditions. First, create China Standard Zones in those regions, areas where provinces are in shortages of job opportunities and investments. There are areas in the southern part of Mindanao, that are still undeveloped, had been left of opportunities and investments that remains at low daily wage earnings of our people even today, it will just require a research and study to confirm more of this.
Once and upon these regions or areas are identified, congress will step in to enact legislation that will impose moratorium on all and current existing rules and regulations, restrictions, national labors laws, and proclaim them as China Standard for 50, to 100 years, dependent on the rate and capacity we can accelerate our industrial capabilities and attain satisfactory growth for this goal. It can be renewable when and upon determination of the government body, terminated upon our satisfaction.
China Standard is the factor to attract car manufacturers, Shipping, Aviation, electronics, domestic products, etc. under partnership arrangements, and take from them technology transfers needed.
The China Standard under this scheme of obtaining technology transfer is a means for the country to gain them all, that once Filipinos had acquired them, a likable exit is then can be done. The labor rates used and based in China can be rated the same in the regions under the China Standard to change or increase in accordance with the trends China had offered with its investors also.
Othe related posts, blogs, that will support this idea.
NOT SO HOT
JEEPNEY MODERNIZATION PROGRAM
CHINA GAINING MORE FOREIGN FIRMS
Othe related posts, blogs, that will support this idea.
NOT SO HOT
JEEPNEY MODERNIZATION PROGRAM
CHINA GAINING MORE FOREIGN FIRMS
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