China'S Garment Manufacturing Industry Has Turned To Bangladesh And May Have Opened The International Market.

Chinese factories are turning to Bangladesh's factories in Arsen because of the high cost of labor. Hundreds of workers are busy making sweaters for overseas customers.

The sweater in the factory is not shipped to Bangladesh.

The two largest export markets, the United States and Europe, are exported to China.

Although orders from the US and Europe have been reduced, orders from mainland China have been increasing, which is gratifying to Arsen.

He said, "a few years ago, I was in the factory.

Only 5% of them are exported to the Chinese market.

Now, the volume of exports to China has increased to 20%.

He hopes that the volume of exports to China will continue to grow in the next few years.

Labor cost

China is a big country of garment manufacture and export, so it seems strange for Chinese companies to turn their eyes on Bangladesh to make clothes.

In fact, the cause of this pfer is very obvious.

Rosa dada, a Chinese fashion company from four seasons, believes that Chinese factories are no longer competitive because of the increase in wages and manufacturing costs of Chinese workers.

Chinese manufacturers also say that if they import clothes from Bangladesh, the prices of different categories of clothing will be 10%-15% lower than that of China.

A new beginning

Bengal

Exporters say other advantages include more than 90% of their products can enter the Chinese market with zero tariff, including T-shirts, jeans, sweaters, leisure quilt and so on.

Lower labour costs and zero tariff entry will enable rapid growth in orders coming from China in the coming years.

Similarly, orders from China will offset the negative impact of reduced orders in the US and Europe.

Bangladesh exported to China

It jumped to $more than 100 million last year, compared with just $19 million a few years ago.

According to Chinese media reports, China's largest online

All customers have ordered orders from Bangladesh's garment processing factories to buy shirts and casual pants.

Rachman, vice president of Bangladesh garment manufacturers and Exporters Association, said: "for our clothing exports, this marks a new beginning."

"When the western economy began to languish, Asian countries like China, Japan and India opened the door to us."