Clothing Enterprises To Set Up Factories There Are Business Opportunities In Eastern And Southern

Recently, the reporter learned from the Municipalityfrom foreign investment. Abundant labor resources,
for the development of Chinese garment enterpriseshigh-quality, 0.65 U.S. dollars per hour average wage
go out of business, and effectively avoid theof workers has improved labor laws and regulations
European Union, the United States set up in all kindsof the employment system.
of textile exports threshold. Ministry of Commerce ofChina garment factory in Ethiopia, can enjoy the
the local investment environment and marketWorld Trade Organization, the United States, "Africa
potential, comprehensive appraisal and evaluation,Growth and Opportunity Act," the EU "Cotonou
based on the development of "areas in the southeastAgreement", Common Market for Eastern and
African textile and garment processing trade,Southern Africa, East African Community and other
investment categories Catalogue of the country."preferential trade arrangements. At present, China
Kenya, Ethiopia, South East Africa, 6 countries as toand the investment protection agreement signed.
encourage Chinese enterprises to develop textile andCotton is the most popular construction projects in
garment apparel processing trade in key regions.Madagascar. The country to foreign investment with
Municipality experts believe that the Shenzhenopen arms, and to provide duty-free zone export
garment enterprises should make use of theenterprises can enjoy the profits tax within the
above-mentioned countries and the Africanprescribed time limit waiver, the project equipment
Community Customs Union, as well as with theand materials import tax, customs duties, excise tax
European Union, the United States preferential traderelief, and the export incentives such as exemption
arrangements, to more potential in the internationalfrom export duties.
market to find new profit growth point.In addition, Chinese enterprises in Lesotho, Namibia,
Processing trade of spare parts special low importBotswana 3 areas, as there are many state-owned.
tariffsProducts into the U.S. market free-rider
It is understood that the South East Africa, a totalShenzhen textile and apparel enterprises to seize and
of 25 countries and regions, with a total population oftake full advantage of these opportunities? Shenzhen
280 million, the annual total of more than 100 billionGarment Industry Association, Chen Yongfang
U.S. dollars of foreign trade. Governments in theanalysis that the current European and American
reduction of tariffs, tax breaks, relaxed foreignmarket nearly saturated, and competition. Take the
exchange controls and adopt a series of effectivetrade with the U.S., the China's product exports to
measures, especially for manufactured goods importsthe U.S. has quotas, tariffs and now seething with
higher taxes, lower taxes on imported spare partsanti-dumping disputes, business has increased
tariff policies are conducive to the development ofsignificantly and exports. If Shenzhen enterprises
processing trade . In addition, the most attractiveinvest and build factories in the Eastern and Southern
also to the southeast African country and the UnitedAfrica, then the product can be produced using the
States, the European Union signed a series ofU.S. "African Growth and Opportunity Act"
preferential trade arrangements between countriespreferential tariff-free quota-free access to the U.S.
also signed a variety of regional trade liberalizationmarket, not only to avoid a lot of export obstacles,
agreements.also greatly enhanced products in Shenzhen
The Ministry of Commerce, "directory" can becompetitiveness in international markets. Shenzhen
recommended to carry out textile and appareltextile and garment enterprises should seize this
processing trade focus countries are: Kenya, Ethiopia,opportunity, as soon as possible to develop a
Madagascar, Lesotho, Namibia and Botswana.broader international market. Chen Yongfang also
6 countries in the hands of the "ball," the highlight ofremind the business, despite the "directory" has
eachadvanced guard, but enterprises must make
In 6 countries, the basic sound investment regulationsinvestment decisions prior to the specific
in Kenya, more than 30 laws and regulations tocircumstances of the project feasibility study for a
protect the interests of foreign investors. More thanmore targeted.
100 existing textile and garment factories, mostly