In Burma, Japan Will Commission Garments For Men'S Clothing.

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With the progress of democratization, countries such as Europe and the United States have gradually lifted their economic sanctions against Burma. Japanese clothing dealers are optimistic about Burma's continuously improving investment environment and cheap labor force, and accelerating the march toward Burma.

AEON will be commissioned to produce in Burma.

The 15 main brands of textile clothing and accessories, the garments produced in Burma, are expected to be sold in Japan early next year. Although the number of specific orders has not been announced, the volume of orders will gradually increase in the future.

In order to lower production costs and enhance competitiveness, wing Wan also intends to continuously reduce its dependence on Chinese garments.

The production capacity will be increased by 4. At the same time, the production of clothing will be increased to 2.

The Qingshan commercial plan will gradually establish the production system of "China +1", continuously improve the production capacity of 4 countries in Southeast Asia, such as Burma and Kampuchea, and reduce the proportion of garment production in China from the current 70% to 5.

According to the analyst of the Asian Economic Institute of Japan's trade promotion organization, although Burma still has many deficiencies in its infrastructure facilities, it has potential for development.

Agriculture is the foundation of Burma's national economy. The main crops are rice, wheat, corn, cotton, sugar cane and jute.

Burma is rich in forest resources. The country has 34 million 120 thousand hectares of woodland and its coverage is around 50%. It is the largest country in the world for teak production.

Teak is tough and corrosion-resistant. It is the best shipbuilding material in the world before iron and steel shipbuilding.

Burma regards teak as a national tree. It is called "the king of trees" and "the treasure of Burma".

95% of the world's Emerald and tree jade are produced in Burma and enjoy high reputation in the world.

Because of the long-term sanctions imposed by the US and other western countries and the closeness and fragility of its own economic structure, Burma's economy is still not out of the woods.

From 2001/2002 to 2005/2006, GDP increased by 12.8% annually and the total economic volume increased by 1.83 times.

In 2010, GDP totaled 38 billion 300 million US dollars and GDP per capita was about 648 US dollars.

Foreign debts totaled 6 billion 700 million US dollars and foreign exchange reserves stood at about US $4 billion 41 million (2008/2009 fiscal year).