What Is The "Spring" Of China'S Shoe Industry?

In recent years, China's manufacturing industry is moving outward. Shoemaking Enterprises have shifted their factories to Southeast Asian countries such as Kampuchea, Bangladesh and Vietnam, where costs are low. However, while costs have been partially reduced, they also have to face any strikes that may occur at any time in these countries.

domestic Shoe enterprises How long can the factory fly southeast?

In the past few years, the EU has imposed anti-dumping duties on Chinese and Vietnamese footwear. This has prompted the EU footwear importers to turn more orders to Kampuchea, and some mainland Taiwanese foundries have also moved along with the customer's order production lines. In recent years, due to rising manufacturing costs and appreciation of the renminbi and other reasons, shoe manufacturers in Dongguan and other places have gradually moved to Kampuchea and other Southeast Asian countries.

At present, there are more than 40 Chinese shoe factories invested in Kampuchea, many of which are transferred from mainland China to Taiwan funded shoe factories. And Nike, Adidas, h&m, Zara, UNIQLO and other international cards completed the layout in Southeast Asia a few years ago. Now the domestic clothing and textile listed companies have begun to transfer orders.

The transfer of the footwear industry in the Pearl River Delta is a general trend. The risk that shoe companies transfer to Southeast Asia is greater than that to the mainland. Currently, labor costs in Southeast Asia are rising frequently in the strike, and Southeast enterprises do not necessarily have better opportunities.

Last week, under the pressure of workers' strike, the Ministry of labour of Kampuchea announced that the monthly minimum wage of the garment industry increased by 25% to 100 dollars, but the workers in the industry were still not satisfied, asking for the minimum wage to rise to 160 dollars per month.

Now the transfer of Chinese brands to Southeast Asia is no longer significant, because the time lag of rising labor costs has gradually shortened, and in a few years, Southeast Asia may lose this advantage.

At present, there is still a big gap between the wages of workers in Southeast Asia and the Pearl River Delta, and some shoe companies are still moving to Southeast Asia. The shoe industry that moved to the mainland may not have developed well. During this time, some shoe factories that moved to Jiangxi and Hunan have been closed down one after another. Simply reducing labor costs through transfer is not a permanent solution after all. China footwear industry It is still a very difficult year. The way out is to improve the competitiveness of enterprises by improving their internal strength.