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china will emerge as a stronger power over the next five years as it continues to upgrade its telecom infrastructure to match with the global levels of productivity in its industrial output arena. Large companies like Wal-Mart Stores, Inc., and General Electric Co. are already setting up purchase centers in China to gain more from their cost effective strategies for boosting international trade. For their global sourcing and supply chains these companies are ready to invest their bulk in chinese markets.China is at an advantage for sourcing components that are made from templates, such as furniture, toys. They also excel in consumer electronics and appliances. Even the telecom industry, biotechnology, and electronics are new fields gaining power. Large companies like General Electric Co., Microsoft Corp., and Motorola, Inc., etc. have set up global research and development teams in China to capitalize on China sourcing.To become a leading global powerhouse, China must continue to reform its education institutions, where reward innovation excellence is nurtured with international united labour organizations. The right combination of government policy with high-level investment in R&D, education and management excellence, China will emerge as a major Global Sourcing powerhouse.China is fast undergoing a major change to support digital distribution rights to channel giants in preparation for the 2008 Beijing Olympics. By the end of 2008, China plans to complete all its standard broadcasting. To achieve its goals, China must workout all its critical issues of the 11th five year plan. A demand side strategy to meet its basic workforce skills is needed in shaping the policies of China’s ICT industry amongst others.There are more than 250,000 kinds of goods that China supplies in the international market. China is a Commodity City. From old China commodity market, cosmetic market, the textile & lace, ribbon market, there are also several professional street which sell oil painting & frame, handy tools & hardware, bags & suitcase, artificial plants & flowers, etc. China sourcing is getting stronger and wider over the years.China is considered as the sleeping giant of the 21st century. The future vision is that it will dominate the next 100 years as it dominated the past century along with the growth of new forces and the birth of new ambitions. China’s wants to “have its cake and eat it, too”, putting brakes on its rise as a world power. Shedding its communal cloak, it will emerge as the greatest power the world is yet to see. The importance of China in global sourcing will grow by leaps and bounds in the days to come.

Tootoo.com (http://www.tootoo.com/?source=articles) is the leading B2B platform, combining vertical search engine with value added service portal. It has more than 430 000 China quality suppliers and provides top quality B2B services to both sellers and buyers worldwide.

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