Where Will Primary Manufacturing Enterprises Leave China?

Over the past more than 10 years, China has replaced Japan as one of the main force in the global manufacturing industry, and has created "MADE IN CHINA", thus promoting the world.

The main engine.

But this era is fading away.

At present, many primary manufacturing enterprises leave Southeast Asia, Africa and a few Latin American countries after leaving China.

Stratfor, a geopolitical think-tank in the US, has drawn up a map of 16 countries that may be pferred to Vietnam, Laos, Indonesia, Philippines and Kenya.

Tanzania, Kenya, Uganda, Ethiopia and so on.

Many of these new target areas are concentrated in the India ocean basin and the eastern fringe of sub Saharan Africa.

Some experts said that, considering the difficulty of staff training, most of the first people who moved to these countries were labor-intensive industries such as clothing and footwear manufacturing.

Wall Street's story also confirmed this statement. Vietnam's clothing, footwear and textile industry has great potential for development. The country joined the Pan Pacific Strategic Economic Partnership Agreement (TPP) in February this year.

However, some analysts say that some of these countries are not permanent.

The unit cost is likely to climb to the current level in China in 2019.

At that time, where will the labor intensive low-end manufacturing industry go?

It is foreseeable that this will promote the growth of Vietnam's textile, shoemaking and agricultural and aquatic products exports, and it is expected that at least 20% of the textile and footwear industry will grow.

And because of the competitive prices of these countries, mobile phone assembly enterprises are also entering these countries.