三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Industries

Chinese textile firms look to thrive in new hot spot

By Zhu Wenqian (China Daily) Updated: 2015-11-06 09:58

Chinese textile firms look to thrive in new hot spot

A Chinese technician displays sewing equipment at an expo in Ho Chi Minh City, Vietnam, on Oct 21, 2015. [Photo/Xinhua]

Vietnam is becoming a "hot spot" for Chinese textile manufacturers when they look to build factories overseas.

One of the main reasons is that apparel produced in the Southeast Asian country for the United States market will be tariff-free after last month's Trans-Pacific Partnership agreement.

Huafang Co, a textile business in Shandong province, plans to set up a high-end fabric factory in Vietnam with a 700 million yuan ($110 million) investment. This will be the company's first overseas factory.

Another 150 million yuan will be pumped into a research and development center in Vietnam to look into new technologies covering the whole industry chain, including cotton, spinning, weaving and dyeing.

Huafang, which is listed on the Shanghai Stock Exchange, is planning to issue about 120 million shares for corporate investors, with an issuing price of about 7.4 yuan per share. This will help the company raise 900 million yuan to finance its Vietnamese project.

"Before the zero-tariff policy reached by the TPP, many labor-intensive Chinese industries had already shifted to Southeast Asian countries," said Zhang Jianping, a senior researcher at the Institute for International Economic Research under the National Development and Reform Commission. "The labor costs there are four to five times cheaper than in China.

"Here, the country is undergoing an economic transformation. In China's developed coastal regions, high-tech industries are springing up to replace labor-intensive industries," he added. "The trend has been gathering pace, and the new policy will speed up the process."

Vietnam has become a major importer of fabrics and a leading exporter of clothing. But weak domestic production has left local companies struggling to cope with international demand.

That was another key factor in Huafang's decision to set up a manufacturing center in Vietnam. Now the company plans to set up two production lines, although it will take up to three years to build the plant.

Pei Chunqu, former deputy minister of trade and industry in Vietnam, said that in the past decade, the textile industry in the country has been growing slowly.

Luen Thai International Group, which is Hong Kong's largest clothing company, Sanshui Jialida TextileCo, based in Guangdong province, and Vietnam's Vinatex Co are planning to establish a textile industrial park.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 精品国产亚洲一区二区在线3d | 国产成人久久精品激情91 | 精品一久久 | 91视频国产高清 | 中文字幕啪啪 | 免费视频久久 | 成人免费网站久久久 | 免费视频片在线观看 | 免费的黄色小视频 | 曰本一级毛片免费 | 国产理论视频在线观看 | 成人av在线播放 | 日本中文字幕乱码免费 | 久久www免费人成_看 | 亚洲精品一区二区三区美女 | 窝窝午夜色视频国产精品东北 | 欧美任你躁免费精品一区 | 免费的污污网站 | 国产精品自线在线播放 | 成人性色生活片免费看爆迷你 | 午夜高清免费观看视频 | 欧美成人看片黄a免费看 | 同性欧美可播放videos免费 | 欧美成人精品第一区二区三区 | 亚洲一区 在线播放 | 精品在线第一页 | 亚洲精品欧美综合四区 | 国产黑丝在线播放 | 亚洲精品日韩一区二区日本 | 久久久久亚洲精品美女 | 欧美黄色片视频 | 亚洲精品精品 | 香蕉网站狼人久久五月亭亭 | 国产大学生毛片一级高清 | 久久精品视香蕉蕉er大臿蕉 | 啪啪一级片 | 久久国产精品亚洲一区二区 | 国语三级 | 区二区三区四区免费视频 | xxxxx做受大片视频免费 | 免费看一级性生活片 |