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Is China’s Economy Growing?

September 29, 2009

China’s GDP is back to 10% and thanks to the 2009 stimulus package there are tens of thousands of infrastructure jobs in progress. So why aren’t more decision makers including China in their plans? One Tampa company did just that.

Dais Analytic got its start producing high-tech filter membranes to improve air quality and cut energy costs in homes and businesses. It has expanded to develop products for desalination, wastewater treatment and energy storage, among other things. Although it currently has only 18 employees plans have been inked to add 1,000 jobs over the next five years, thanks to a $200 million trade agreement with China. Born about 10 years ago from an idea for developing fuel cells at Rensselaer Polytechnic Institute in Troy, N.Y., Dais Analytic opened in Pasco County in 1998, lured by tax breaks and assistance. The company specializes in nanotechnology: crafting materials that work with matter on the atomic and molecular level.

The key take away in the Dais Analytic is that China presents an invaluable market for U.S. companies to tap into. There is a constant stigma about taking jobs to China when companies ought to be devising corporate initiatives to explore tapping into the vast opportunities there.

BaySource Global assists companies in their offshore manufacturing strategies as well as working with U.S. companies who are looking to commercialize their lines within China.

www.baysourceglobal.com


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Comments

One Response to “Is China’s Economy Growing?”

  1. Not sure on October 2nd, 2009 9:47 pm

    There are several reports questing the China’s real growth and the growth told by the Chinese government.
    http://www.businessweek.com/globalbiz/content/sep2009/gb20090928_194572.htm

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