Chongqing Invested 4 Million US Dollars &Nbsp; &Nbsp; Went To Kampuchea To Rent Mulberry And Raise Silkworms.

According to Wang Xiaohui, chairman of Chongqing Hong Mei Da enterprise group, due to the large number of people, Kampuchea occupies an area of 40 mu per capita.

So the lease cost of land is very low. The more than 3000 acres they rent at present cost only more than 1000 dollars a year.

In addition, the cost of labor in Kampuchea is much lower than in Chongqing, with an average monthly salary of only $70-100 (equivalent to more than 400 to more than 600 yuan) per person.

Guo Mingwu, Secretary General of Chongqing cocoon and silk industry association, told reporters that Chongqing's silk export was hit by the financial crisis in 2008. At the worst time, nearly half of the silk companies suspended their export business.

But now, silk export has basically recovered to the level before the financial crisis.

A financial crisis has given Chongqing exporters a lot of inspiration.

For example, before the Chongqing silk export has been the main attack on India and Pakistan, followed by Europe and the United States.

Now, more and more silk enterprises begin to develop ASEAN's emerging market on the basis of stabilizing traditional market.