Foreign Shoe Companies Want To "Enter The Country" To Enter China? It Belongs To The Army.

The famous shoemaking company in Bangladesh

Present situation of shoe industry in China

As the press has said, Chinese shoe companies are facing problems such as labor shortage and wage hike, and the situation is quite unoptimistic.

This is a long-standing problem. As early as 2008, experts have been studying the new trend of China's footwear industry. During the period, how many foreign enterprises have taken a fancy to the Chinese market, but in recent years, the Chinese shoe market has not changed much.

China is a big market, not everyone can take it easily.

The tiger is not so good as to be a sick cat.

The problem is always to be solved. Domestic shoe companies have not yet made moves.

To solve the problem, we should also pay attention to the best opportunity. It is very likely that domestic shoe companies only feel that the time is not yet available.

In the face of current problems, the simplest and direct way is "industrial pfer".

Industrial pfer is no stranger to China's shoemaking industry. It is the embodiment and process of industrial division and change between countries or regions.

The footwear industry is now a dilemma for the eastern coastal areas.

But for China's Midwest cities, it is tempting.

Shoemaking industry can bring huge employment population, can drive huge GDP output value, and has a strong industrial driving role.

Central and Western China is now stepping up its planning of the park, offering preferential policies and opening the door to welcome the eastern manufacturing sector.

Only by taking this into consideration, the problem of labor shortage and wage rise has been solved. The pfer of industry is exactly what the country calls for "western development".

Of course, the pfer of shoemaking industry has created opportunities and challenges for the economic development of the central and western regions.

Industrial pfer has put forward higher requirements for the industry matching, labor force, government functions, logistics and so on.

However, these problems are easier to solve than the eastern coastal labor shortage.

Worries about Bangladesh's "march into the Chinese market"

The main obstacle to the development of the footwear industry in Bangladesh is 10% of raw material import tariffs and 15% of value-added tax.

This means that Bangladesh has to add considerable cost to enter the Chinese market. So, what is the "cost advantage of Mencius footwear industry"? In addition, Bangladesh's economic foundation is weak, its resources are poor, its productivity is backward, its population quality is low, human resources are abundant and cheap, but there is no skilled labor force.

According to statistics from the world bank, about 50% of Mencius live below the poverty line, of which 34% live below the extreme poverty line; natural resources are relatively scarce; infrastructures such as electricity, ports, telecommunications and pportation are extremely backward; the economic base is too weak; the productivity level is low; the industrial structure is irrational and structural contradictions are prominent; corruption at all levels of government is serious.

These adverse factors will restrict Bangladesh to enter the Chinese footwear market to some extent.

The current situation of domestic footwear industry is also not optimistic. Every shoe enterprise should be the time to solve the problem positively.

Because the intention to enter the Chinese market is definitely more than Bangladesh. Bangladesh has many disadvantages, which do not mean that other countries have such concerns.

In short, the self strengthening team can solve the problem without delay, and more Bangladesh is also unable to start the shoe industry in China.

(