Day: June 25, 2023

How to Develop and Manufacture a New Product in China? (New product development process with example)

In general, numerous small and medium-sized enterprises find themselves in a pricing battle, necessitating cost reduction or decreased retail prices to stay afloat in the market. This often leads many to consider creating a novel product to secure a unique market position or even establish a brand for long-term advantages. However, a mere 5% or […]