Self-cultivation, Harmony in Dealing with the World, Honesty in Treating People, and Integrity in Business

Approved by the Ministry of Commerce of China, a professional international exhibition company with the qualification to hold exhibitions both domestically and internationally.

Email:

zhengheinfo@126.com

Request a Quote

Details

Home page

Goodbye, low-cost era! 16 countries are taking over Chinese manufacturing, are you ready?

03-15

China has completed its cycle of high growth and low wages. As one of the global manufacturing hubs, China is showing signs of business relocation. So, which countries and regions will become the new recipients?

It should be noted that international capital requires a country or region with low wages and high economic growth to achieve high returns on venture capital. In the 1980s s, international capital favored the United States. Over the past decade, China has replaced Japan as one of the main forces in global manufacturing production and created "MADE IN CHINA " thus becoming the main engine driving global economic growth. But such an era is gradually fading away. People have noticed that, many primary manufacturing enterprises have moved to Southeast Asia, Africa, and a few Latin American countries after leaving China . The US geopolitical think tank Stratfor has drawn the following map, showing these 16 countries, including Vietnam, Laos, Indonesia, Philippines, Kenya, Peru etc.

As can be seen from the map above, many of these new target regions are concentrated in the Indian Ocean basin, including Sri Lanka, Indonesia, Myanmar, and Bangladesh Most interestingly, many are located in the eastern fringe of sub-Saharan Africa, commonly known as "Black Africa": Tanzania, Kenya, Uganda, Ethiopia, Nigeria, etc. For these countries and regions, the editor has specially compiled 2016 major exhibitions held or to be held in the region, which might be a great springboard!

Exhibition Name	Time	Location	Exhibits Scope
Philippines International Poultry and Livestock Industry Exhibition	2017 May Month	Philippines Manila	Livestock, poultry, aquaculture and related equipment, veterinary drugs, feed, additives, livestock machinery, slaughtering equipment, etc.
Bangladesh International Textile Fabric and Yarn Exhibition	9 Month 2-5 Day	Bangladesh Dhaka	Woven fabrics, knitted fabrics and other fabrics; garment accessories and apparel
Indonesia International Livestock and Dairy Exhibition	2017 October Month	Jakarta, Indonesia	Livestock machinery and equipment, dairy processing equipment, poultry, pig feed, slaughtering and processing equipment, feed additives, etc.
Indonesia Jakarta International Building Materials Exhibition	5 Month 28-29 Day		Construction machinery, architectural hardware, kitchen and bathroom, HVAC equipment, building materials, architectural design
Indonesia Jakarta International Textile Fabric & Yarn Exhibition JIFS	11 Month		Various synthetic fibers, natural fiber fabrics (woven/ knitted), yarns and fibers, fancy finishing, bags, accessories; various home textiles, garment accessories
Vietnam International Textile, Garment Accessories and Yarn Exhibition	4 Month	Vietnam Ho Chi Minh City	Various types of yarn; fabrics for clothing; home textile fabrics; garment accessories and apparel
Vietnam International Poultry and Livestock Industry Exhibition Vietstock	10 Month 19 -21 Day	Vietnam Ho Chi Minh City	Livestock, poultry, aquaculture and related equipment; veterinary drugs; feed, additives; livestock machinery, slaughtering equipment
African International Trade Fair	6 Month 19-21 Day	South Africa Johannesburg	Hardware tools, light industrial products, home appliances and electronics, household goods, building materials machinery, stationery and sports goods, food and food processing machinery, etc.
Kenya China Trade Week (Phase I)	6 Month 29 Day - 7 Month 1 Day	Kenya Nairobi	Vehicles, auto parts, heavy machinery, printing and packaging, rubber and rubber products, light industrial consumer goods
Kenya China Trade Week (Phase II Building Materials)	7 Month 6-8 Day	Kenya Nairobi	Building materials; architectural hardware; building materials machinery; construction equipment
East Africa (Tanzania) International Construction Exhibition	7 Month 2-4 Day	Tanzania Dar es Salaam	Building materials; architectural hardware; building materials machinery; construction equipment; engineering and mining machinery
Nigeria (Lagos) China Commodity Exhibition	11 Month 8-12 Day	Nigeria Lagos	Mechanical and electromechanical equipment, building materials, hardware tools, vehicles and parts, home appliances and household goods, security and fire protection, plastics industry and products, beauty and hairdressing products, textiles and clothing, fitness equipment, sporting goods, pharmaceuticals and health products and medical devices, IT Technology and products
Sri Lanka International Building Materials and Construction Machinery Exhibition	8 Month 28-30 Day	Sri Lanka Colombo	Hardware tools, hardware building materials, building materials machinery, construction machinery, building hardware, kitchen and bathroom, HVAC equipment, building materials doors, stairs and wood products

Many of the companies that first moved to these countries were in the garment and footwear manufacturing industries, because it is relatively easy to train these workers to enter the production line. Wall Street News previously mentioned that Vietnam's garment, footwear, and textile industries have huge development potential. The country joined the Trans-Pacific Partnership (TPP) in February this year. This will promote the growth of Vietnam's textile, footwear, and agricultural and aquatic product exports, with textiles and footwear expected to grow by at least 20%. Mobile phone assembly companies are also gradually entering these countries. Because the low prices in these countries are very competitive.

For example, the unit cost of setting up a garment factory in Ethiopia is currently 50% lower than in China. China's worker wages increased by 17.1% last year, an increase of 18% the previous year, now exceeding Mexico and Turkey. Although Ethiopia is one of the poorest countries in the world, its economy is now growing rapidly, with GDP growth of around 10%.

Pakistan lowers additional import tariffs on some auto parts

Entrepreneur representative: Chinese companies should explore new business opportunities in Africa