Firms across North Staffordshire are making millions from products
which fill a gap in the growing Chinese market.Luxury items,
specialised energy technology and ceramic manufacturing equipment
are among exports to an economy growing at around 10 per cent
each year.
Dr Ian Jackson, senior lecturer in economics at Staffordshire
University, said demand had been driven by a rise in Chinese
wages and energy consumption.
He said: "The Chinese economy has more than doubled in
size since the millennium.
"This has meant more disposable income for the middle
and upper classes and increased demand for luxury goods. The
country also needs primary products such as fuel to sustain
its phenomenal growth.
"Over the years, tight economic controls have broken down
and Chinese people have become more liberated to learn about
the fiscal and monetary system. They now have the money and
the ability to import."
North Staffordshire Chamber of Commerce and Industry helps
companies wanting to break into China by providing advice on
issues such as market research and exhibiting.
Senior international trade adviser Pat Steele said the products
likely to succeed in China were those not offered by the country
itself.
She said: "I have encountered a real mix of companies
that have decided to manufacture in North Staffordshire and
those that have chosen to set up a base in China.
"The benefits of manufacturing goods here is the fact
we have advanced equipment, specialized design and technological
skills and an experienced workforce.
"That is what England has over many other countries in
terms of all our exports."
Burslem-based Wade Ceramics is one company using its specialized
skills and machinery to capture a share of the luxury market
in China.
The firm has recently ploughed £1.2 million into new
robotic production equipment to boost exports of decanters which
it has been making for more than 30 years.
The company, which employs 213 people, does not export directly
to China but sells to Scottish whisky brands such as Bells and
Glenfiddich. Directors say the firm makes more than £1
million a year from the sale of decanters which eventually make
their way to China.
Managing director Paul Farmer said: "We are seeing the
Chinese decanter market growing by 15 per cent each year. It
is a niche product in China but it is a big niche.
"There is a great deal of prestige associated with particular
brands of whisky and decanters to show them off."