Southeast Asian Textile Industries The Relocation of Production and Procurement Gains Momentum

摘要

The rising labor costs and labor short-ages in China have made textile and apparel firms search for new production and procurement bases in other parts of Asia, or other parts of the world. In Asia, Southeast and South Asia are regions that are attracting attention, such as Indonesia, Vietnam, Myanmar and Bangladesh, and many of these countries are prospering with this so-called China plus one" trend. Textile and apparel buyers are increasingly visiting this region, which is making it harder to book hotels in some countries, and a number of firms including Mainland Chinese enterprises have disclosed plans to make investments and build new factories there.