The Ministry Of Commerce Supports The Investment In Chemical Textile And Other Fields In The Chinese Enterprises

At the seventh meeting of the China Tajikistan Intergovernmental Cooperation Committee on economic and trade, Zijin Mountain said that China supports enterprises in investing in tower development, chemical industry, textile, building materials and agriculture in a variety of ways, such as the construction of industrial parks.

Zijin Mountain stressed that China and Tajikistan have strong complementarity, good foundation for cooperation and great potential for development.

Both sides should take the opportunity of building the "one belt and one way" together to further increase the scale of bilateral trade and strengthen investment and cooperation among different localities.

China supports enterprises in building industrial parks and other ways.

Tower mineral development, chemical industry,

Building materials and agriculture.

It is hoped that Tajikistan will create favorable conditions in terms of Taxation and industrial policies, infrastructure protection and personnel exchanges and facilitation.

It is hoped that both sides will continue to work hard to jointly promote the implementation of the relevant projects and create a new bright spot in bilateral economic and trade cooperation.

Sino Thai economic and trade cooperation has been developing rapidly in recent years. China has become the second largest trading partner and source of investment.

In 2014, bilateral trade between China and Tajikistan amounted to US $2 billion 520 million, an increase of 28.5% over the same period last year.

Chinese enterprises have implemented a series of projects such as highways, electricity and industrial facilities in the tower.

The seventh meeting of the China Tajikistan intergovernmental economic and trade cooperation committee was held in Beijing on November 17th.

Hick Madhu Lo R Da, Minister of economic development and trade of Tajikistan, said at the meeting that Tajikistan is willing to fully link the strategy of "one belt along the way" with the social economic development plan before 2030, and make full use of China's capacity, market and capital advantages to expand investment cooperation.

He also welcomed the entry of Chinese enterprises into the special economic zone of Tajikistan.

It is hoped that the quality inspection departments of the two countries will cooperate actively to expand the export of high-quality fruit, dried fruits and other agricultural products (16.00,0.21,1.33%) to China.

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The economic growth of China's labor-intensive industries has led to a rigid growth in labor demand.

In recent years, labor shortage has appeared in many parts of China.

As far as Guangdong is concerned, there are at least 2 million 500 thousand jobs left in the province.

Other provinces such as Jiangsu, Zhejiang and Shandong are also faced with severe forms of lack of qualified workers.

In fact, China is facing a limited supply of labor.

On the other hand, China's labor cost advantage is weakening, especially in coastal areas, where labor costs continue to expand and rapidly reach the threshold of 1 US dollars per hour.

Only more than 140 thousand square kilometers of land in Bangladesh has bred 140 million of the population.

According to the world population programme, the country has the largest population density in the world.

Due to the long influence of British colonial rule, English in the country is more popular.

Therefore, Meng has a surplus of labor resources with adequate English communication skills.

Bangladesh has a relatively low level of economic development, and its labour force is relatively cheap, and its wages are highly competitive. (Mencius stipulates that the minimum wage for textile enterprises is 1662 Taka, or about 180 yuan), which is one of the key factors for the Meng market to attract a lot of foreign investment.

Bangladesh's clothing export destinations are mainly EU, USA, Japan, Australia, Canada and other countries, and the preferential treatment granted to Bangladesh is as follows:

(1) according to the EU's GSP and EBA system (except all weapons), Bangladesh enjoys free quotas and preferential tariff treatment in the EU market. Even in the post quota era, these preferential treatment will remain. This is the main advantage of the textile industry in Bangladesh than other competitors.

(2) MEng textiles received tariff free and quota free market access preferential treatment in Canada, Norway, Japan, New Zealand and Australia in 2004 and before.

(3) in the US market, 30 categories of clothing products are subject to quota restrictions, much less than those of China's restricted products.

In recent years, the Bangladesh government has been actively lobbying the United States to grant zero tariff entry to Bangladesh clothing (like the other 33 sub Saharan countries and the least developed countries in the Caribbean).