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Zhejiang textile enterprise arrive in Asia, Africa and Latin America

Zhejiang textile enterprise arrive in Asia, Africa and Latin America

Write: Pacifica [2011-05-20]
Facing Occident textile s quota and increasing manufacture cost, more and more Zhejiang textile enterprises begin to move manufacture base. It is known that some developing countries in South-East Asia, Africa, South-America and countries in middle-west area, middle-Asia have been the first area where Zhejiang textile enterprise build factory.
The experts analysis that due to many advantages low cost labor, rich resource, uprising market, developing countries in south, countries in Middle-Asia and Middle-West China become the main manufacturing base of Zhjjang textile enterprises.
In South East Asia Ningbo Shenzhou Knitting group Co.,Ltd will invest 33.8million USD to build textile factory with daily output of 0.23million pieces of garment. At present, this item have been put into product since October of last year, the second item also be put into production. In the meanwhile, in Africa, the most active textile enterprises are the enterprises from Wenzhou and Shaoxin.
In South America, Zhejiang has been one of biggest trade area for them. It is known that the enterprises invest in South America have over 20, total investment reach over 30million USD while many of them are textile enterprises. Besides, Kazakstan, Kirghizia are paid attention to by Zhejiang textile enterprise due to rich fine fair material, cheap water and electricity price, low wage and the strategic position linked to Asia-Euro.
With the low technique level, prevailed price competition, Zhejiang textile enterprises building factory is just for keeping and sustaining price advantage that can play role in expanding trade effect , but not the best way to upgrade brand . Assistant director of Zhejian University Economy Academy International Trade Department Professor Huang Xianhai thinks.