In a recent \on how to look at the footwear industry in China today the subject, made a wonderful speech, from the industry point of view expounded his views.
China's footwear industry is always a \hope that the investment of Chinese enterprises in Vietnam must be prudent, the first reason, Vietnam has 85 million people, when it enter the fast track of economic, when the growth rate of labor costs than China, China's growth is the result of artificial 20 years to today's level, Vietnam to China's level of wage increase up to as long as 10 years, even as long as 5-6 years,
louis vuitton outlet, the wage growth rate in Vietnam is much higher than China. If investment in enterprises in Vietnam, where just adapted to the environment, companies are beginning to profit, but the costs have increased. And land costs than in the Pearl River Delta in Vietnam is not cheap, in Ho Chi Minh City, Hanoi,
chanel handbags for sale, Haiphong City, the urban land prices have been higher than the price of land, Zhongshan City, Zhongshan City, about 1.8 times the price of land. Although some cheap land, but those supporting the local industry, incomplete, lacking resources, water power, especially transport facilities, coupled with the recent inflation, the economy is in a very volatile state, the higher business risk.
India's current school-age labor force than China, India, the average wage level is lower than China, but India India's problems, namely, investment environment, the second is the religious culture and politics system, several factors combined, it is far more efficient than the production in China, which appears a very special phenomenon, that is, the average wage of workers in India lower than China, but each pair of shoes with high wage costs than China.
As for Russia, where the climatic conditions and the shoemaking process is contradictory. Shoemaking process has a feature to bonding, bonding requires temperatures, but we use the materials they need for ventilation, ventilation and temperature is a contradiction, it is not suitable for making shoes in the cold itself, Russia is not the shoemaking place.
Therefore, I believe, the footwear industry in China is always a sunrise industry.
