What factors should you consider when developing a price strategy?  

There are several factors that can influence the price of a material. Here are some examples:
1. Cost of raw materials: The cost of the raw materials that are used to produce the product can have a significant impact on the final price.
2. Cost of production: The cost of producing the material, including labor, machinery, and other expenses, can influence the final price.
3. Market demand: The demand for the material in the market can also impact the price. If there is high demand, the price may increase, while if there is low demand, the price may decrease.
4. Quality of the material: The quality of the material can also affect the price. For example, if the material is made from high-quality materials, it may be more expensive to produce and transport.
5. Availability: The availability of the material can also play a role in setting the price. If the material is limited in supply, the price may increase.
6. Trade policies: Some countries have trade policies that can affect the price of materials. For example, if the government imposes tariffs on imported materials, the final price may increase.
7. Market competition: The competition in the market can also affect the price. If there are many competitors, the price may be lower, while if there are few competitors, the price may be higher.
8. Environmental regulations: If the material is environmentally friendly and meets certain standards, it may be more expensive to produce and transport, and thus the price will be higher.
This is not a definitive list and there are many other factors that can influence the price of a material. It's important to consider all relevant factors when setting the price for a material.

Chinese factory material advantages can include:
1. Cost savings: Chinese factories often have lower labor costs than those in other countries, which can result in lower material costs.
2. Access to raw materials: China has a large, well-developed supply chain for many materials, which allows companies to access raw materials at competitive prices.
3. Increased production capacity: Chinese factories have a high capacity for production, which allows them to produce larger quantities of materials than other companies.
4. better quality control: Some Chinese manufacturers have a better quality control system which can ensure the consistency of the material.
5. Fast delivery: Some Chinese manufacturers offer fast delivery options which can be beneficial for companies that require materials quickly.
6. Government support: The Chinese government has implemented policies to support the manufacturing industry, which can include financial incentives and easy access to credit for some companies.
It's important to note that these advantages can vary depending on the specific material and the specific company. Some companies may not have any advantage or may have multiple disadvantages.