Textile And Garment Industry Investment In Africa May Be A Better "Spring".

Xi Jinping's visit to Africa announced the aid of $60 billion, including the establishment of the first Sino African fund for production cooperation fund, which is the first capital of US $10 billion. This is a great imagination.

The answer is yes.

In the ten major Sino African cooperation plans, the Central African Industrial Cooperation Program is ranked first in the list, including the Chinese side's encouragement to support Chinese enterprises to invest in Africa, to cooperate in the construction or upgrading of a number of industrial parks, and to send senior government expert advisers to African countries.

A number of regional vocational education centers and some capacity building colleges have been set up to provide 40 thousand training places for Africa to train 200 thousand vocational and technical personnel.

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The Shanghai textile group seems to have heard the wind (the political sense of smell of state-owned enterprises is strong). Last year, it launched a new Sultan textile industry park project in Africa. It plans to invest 10 billion US dollars in total. In Africa, we will build cotton spinning, spinning, weaving, dyeing, dyeing, clothing, home textile and other textile industrial chain and supporting infrastructure, including 93 thousand hectares of cotton planting base and 200 thousand spindle spinning factories.

Africa has fully opened up industrialization, and how China's textile and garment industry has benefited from the good accumulation of political contacts between China and Africa has benefited from China's billion dollar business opportunities. Chinese enterprises have great advantages in investing in Africa.

For example, Africa formulated the agenda for 2063 and the first ten year plan. Obviously, these plans are obviously influenced by the Chinese model. Africa is taking China as a teacher.

China Africa textile industry can establish a supporting industrial chain in Africa.

According to the analysis of famous strategic analysts, let African countries become a supporting country of China's big industry, which is very beneficial to the industrial upgrading of China's industry. It ensures that the low and middle industries are dispersed in Southeast Asia, Latin America and Africa, and will not form a strategic challenge to China in the future.

We have to say that the analysis of Cheng Hao is too hot and strategic.

In October 14th, the China Textile Industry Federation sponsored the China textile industry's "going out" conference, and President Wang Tien Kai emphasized: under the premise of feasibility study and risk control,

Due to the abundant labor force and natural resources endowment, the opportunities in the African market deserve attention and attention.

China has been the largest trading partner in Africa for six consecutive years. In 2014, trade between China and Africa amounted to US $222 billion, while Africa was the second largest contract market and emerging investment destination for Chinese enterprises overseas.

According to statistics, there are more than 20 Chinese enterprises in the non investment construction of the economic and Trade Park, attracting more than 360 enterprises, involving a wide range of fields, including textile, clothing, light industry, machinery manufacturing, energy, minerals, building materials, household appliances and other fields.

The amount is nearly 4 billion 700 million dollars.

It can be seen that the textile and garment industry has great potential to invest in Africa and enjoy future dividend policy.

There are also big enterprises in China.

For example, Jiangsu Sunshine Group Chairman Chen Lifen visited Ethiopia shortly before.

I think Ethiopia is suitable for cotton spinning. It has vast land to grow.

Plus, it has a population of about 90000000, which is a big market in itself. The textile industry of the African countries surrounding it is also underdeveloped. If we invest in a complete cotton textile industry chain, from cotton to finished products, mainly in Africa and Europe and the United States, I think it will have more advantages.

Chen Lifen revealed that on the basis of stable wool spinning business, we will consider the cotton spinning project.

I think Africa is still very attractive, mainly because there are good resources, raw materials and market resources.

Sun Weiting, chairman of Huafu color spinning, said: from the global perspective and the future time and space, the Chinese textile and garment industry should cooperate with Africa to deal with the competition between the United States and India.

We should not take Southeast Asia too seriously, because the real competition in the future is South Asia. It is a combination of three India, Pakistan and Bangladesh, which will compete with China.