China'S Textile And Garment Industry Enters Ethiopia

China's textile and garment enterprises enter Africa -- Ethiopia

along with Textile and clothing The manufacturing industry has shifted overseas, and Southeast Asia and Africa have become the destination of the textile and garment industry. In from April 20th to 24th, a delegation of Chinese textile and garment entrepreneurs went to Ethiopia to conduct research on industrial investment. The delegation was led by Gao Yong, vice chairman of the China Textile Industry Federation. Its members are mainly composed of entrepreneurs from various textile and garment industry associations, local associations and entrepreneurs from famous enterprises in the industry. This trip will bring first-hand information to the textile and garment industry in investing in Ethiopia.

At present, China Textile and garment industry Has entered a new stage of spannational layout. How to better encourage and guide qualified enterprises to maintain and enhance the position of our textile industry in the world supply chain and value chain through the efficient and rational allocation of spannational resources, and ultimately achieve the goal of textile power, is one of the issues that China Textile Industry Federation focuses on in the "13th Five-Year plan" of the textile industry. This survey, as an important "go out" campaign of China Textile Corporation this year, aims to provide maximum help for enterprises.

The visit of the Chinese delegation was highly valued by the Ethiopian government, from the Deputy Minister of foreign affairs of Ethiopia to the airport to meet with the government officials, and then to the farewell dinner hosted by the Deputy Minister of foreign affairs for the delegation.

Vice chairman of the Federation of Chinese textile industry and vice minister of foreign affairs of Ethiopia

Mr. Ato Ahmed Abtew

During the survey, President Gao and his delegation visited the Prime Minister of Ethiopia, and had a friendly discussion with leaders of the Ministry of industry, the Ministry of agriculture, the Investment Bureau and the textile association.

In recent years, the Ethiopian government has taken the textile and garment industry as the most important industry, and has formulated a series of revitalization plans to expand exports and improve the industrial chain, so that the textile and garment industry of the country has been developing rapidly. Ethiopia intended to build itself into a world. clothing The next country of origin. Since China established diplomatic relations with Ethiopia for more than 40 years, the economic and trade relations between the two countries have been developing steadily. In 2014, bilateral trade amounted to US $3 billion 410 million. China has become the largest trading partner of Ethiopia. By the end of 2013, China's stock of direct investment in Ethiopia was US $772 million. Among them, the Oriental Industrial Park invested by Jiangsu Yong yuan investment Co., Ltd. became the first industrial park of Ethiopia, playing an important role in promoting bilateral trade cooperation and enterprises' "going out". At present, 15 Chinese spinning and weaving enterprises are investing in Ethiopia.

The low cost of labor, land and electricity prices, abundant raw material resources and stable social and political environment provide good conditions for the spanfer of labor-intensive industries. Textile and garment industry The foundation is relatively weak, the upstream and downstream matching needs to be improved, and the extremely high logistics cost caused by inland countries also poses certain risks for Chinese textile and garment enterprises to settle in Ethiopia. {page_break}

In order to enable entrepreneurs to achieve maximum results in research and provide a feasible reference for the future investment of Ethiopia in Turkey, the delegation visited the Korean clothing enterprises in Ayka Addis, Dongfang Industrial Park and Bole Lemi Industrial Park invested by Ethiopia in Ethiopia.

Through this survey, entrepreneurs learned not only the latest investment policy, investment environment, and the current situation of textile and garment industry from the introduction and exchange of relevant government agencies and associations, but also went to the textile and garment enterprises and parks to learn more about the cost, raw material procurement, sales market and operation problems of enterprises in Ethiopia. In the delegation, some enterprises have strong interest in establishing a factory in Ethiopia. They said they would make feasibility analysis after returning home to make the final decision.

This survey is the third "going out" campaign of the year after the successful launching of the "China Textile and garment industry overseas investment series lecture" successfully held in March China International fabric and accessories (spring and summer) exposition.

At present, China's textile and garment enterprises Overseas investment And spannational resource allocation needs to be carried out in a rational and rational way. It needs more familiarity with domestic related policies, investment environment of investment destinations, and the professional process and risk control of overseas investment. To this end, the China Textile Industry Federation's marketing department (China Council for the promotion of international trade) will also deepen its related services in four aspects this year: first, to establish an authoritative platform for publishing and exchanging information on foreign investment related to textile industry; two, to establish a professional inspection platform for overseas investment cooperation in textile industry; three, to establish a government enterprise liaison platform for overseas investment cooperation in textile industry; and four, to establish an influential professional platform for foreign investment in textile industry.

Next, the China Textile Industry Federation marketing department (China Council for the promotion of international trade) Textile industry The association will also organize an inspection group to undertake related research activities in Vietnam and other hot countries, and will organize relevant forums during the 2015 China International fabrics and accessories (Qiu Dong) exposition. In order to make Chinese textile and garment enterprises more stable, further and better, the market department of China Textile Industry Federation will do its best to provide services for enterprises to go out and eliminate the worries of enterprises going out.