ASEAN Has Become A New Destination For Qingdao Textile And Garment Enterprises To Set Up Factories Overseas.
Benefit from China -
ASEAN
Preferential policies in FTA, Southeast Asia is becoming Qingdao enterprises.
Overseas investment plant
New hot spots.
I learned from the Municipal Bureau of commerce that in August this year,
Qingdao
Another 2 enterprises invest in productive projects in Laos and Vietnam.
It is understood that the two garment and textile production enterprises will invest in factories and factories in Pingyang, China. They will invest in clothing and textile production and processing, with a total investment of US $230 thousand and an annual production capacity of 1 million 700 thousand. Our products will be exported to Southeast Asia and Africa.
Qingdao Business Bureau official said that since the completion of the China ASEAN Free Trade Area, Qingdao's investment projects in ASEAN countries have shown an increasing trend, especially in textile and clothing industries, which are affected by the domestic industrial structure adjustment.
Up to now, Qingdao has invested 52 projects in ASEAN countries, accounting for 10% of the total number of foreign investment projects in the city, with a total investment of 51 million 940 thousand US dollars.
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