Korean Shoes And Clothing Enterprises Accelerate "Leaving" China

According to information released by relevant industries 23 days, factories are set up in China. Korean clothing Footwear manufacturers began moving factories to Indonesia, Vietnam or Burma for 2-3 years ago because of rising labor costs and poor profitability.

Once known as the "world factory", in addition to the promotion of labor prices, China's tax and labor related laws have been introduced, resulting in intensified regulation, worsening investment environment, coupled with the appreciation of RMB for 19 years. The clothing companies have to stay away from China and turn their attention to other rich and cheap Indonesian labor force. Vietnam? Burma, Kampuchea and other Southeast Asian countries.

Dongyi RENOWN reduced the proportion of China's brand "Arnold Palmer junior" from 70% to 50%, and its output in Southeast Asia to 20%. The company plans to expand its share of production in Southeast Asia from this winter product. Chamzonapparel, the children's clothing manufacturer, plans to expand the proportion of its products in Southeast Asia to 70% next year. The production company of Han Caiya golf brand (Elegance Sports) decided to increase its production in Southeast Asia based on Indonesia.

People in the industry say that fashion clothes are beginning to turn into many varieties and a small number of production methods, which has made China lose its charm as a production base. production Men's wear Enterprises also began to collate factories in China and return to Korea.

BYC plans to phase out three factories in Shanghai and Zhejiang provinces and transfer the production line to Indonesia from next year. Double bell, which owns large scale plants in Jilin, China, is also planning to outsource production to Vietnam, Burma and other places.

Footwear manufacturers in Busan also have a phenomenon of "breaking away from China". Over the past 20 years, there are 170 shoe factories in Busan, which account for 64.4% of the total investment in China. However, since the mid 2000s, the number of enterprises investing in China has been decreasing, while the number of enterprises investing in Indonesia has been increasing. In the past, there were 9 footwear enterprises invested by Indonesia and Busan in Indonesia. At the beginning of this year, Tyda (Treksta) reduced the two production lines in China's factories, expanded the factories in Busan's headquarters and recruited new staff.