American Investors Are Optimistic About China'S Textile Industry'S Manufacturing Advantages.

Recently, there are media It is claimed that, influenced by the rising labor costs in China, American clothing and footwear enterprises will replan the overall investment environment in the Asia Pacific region. Bangladesh, China, Vietnam and Vietnam will be the main beneficiaries of this change. However, a recent study released by KPMG international accounting firm shows that the planning of us product procurement will eventually achieve a balance between production speed, product quality and price. From the current perspective, the manufacturing advantages of Chinese textile industry are still more prominent than Bangladesh, China, Vietnam and Vietnam.

As early as the beginning of the year, a large number of experts and scholars in the textile industry began to say that the US textile industry "fled" China, and the issue of labor cost in the textile industry has become a hot topic in the industry. But Nick Debnam, chairman of Asia Pacific region, said that labor cost is not the only criterion to measure the competitiveness of textile industry in all countries.

　　 Di Nan It is emphasized that no matter where to invest, it is impossible to avoid the challenge of wage rise completely. Even in the meantime, the annual wages of its textile factories will increase by 10%, and the minimum wage level in Bangladesh in 2010 has doubled. "Wage level is only a relative parameter to measure the competitiveness of labor-intensive industries, and the quality of labor and infrastructure construction in a country will determine the ultimate development potential of the industry."

According to the study, the population of 18~30 is relatively stable in China, and China is also stepping up its training of professionals in the textile industry, thus improving the quality of the workforce. With the rapid development of China's economy, wage increases have become an unavoidable fact, but the quality and productivity of Chinese labor force are far superior to those of other Asian Pacific countries such as Indonesia and Indonesia.

In the past two years, Indonesia and The People's Republic of Bangladesh Exports of textile, clothing and footwear products increased significantly, for example, in 2010, Indonesia's footwear exports increased by 42%. Benefiting from the preferential tariff rate of the European Union, Bangladesh's textile exports increased by 43% in January ~7 to 18 billion 300 million US dollars this year. But the two countries, together with other Asian and Pacific garment manufacturers such as Vietnam, China, Singapore and China, are far from competing with China.

The study points out that through further improving productivity and improving infrastructure, China has 9 of the world's top 50 container ports, and its "purchasing attraction" remains unshakable. The construction of China's expressway and railway network also means new opportunities for development in China's internal market. Therefore, US investors are still optimistic about their investment prospects in China.