17 Chinese Enterprises Settled In South Carolina To Promote Clothing And Textile

< p > > a href= "http://sjfzxm.com/news/index_cj.as" > USA < /a > Lancaster County, South Carolina, was once a famous textile town in the United States.

At the height of its prosperity, the "textile industry corridor" composed of two counties in Lancaster and the surrounding counties had gathered 20 textile enterprises, but the local textile industry almost disappeared in 2007.

As China Cole Group invested 218 million US dollars to build factories in the region, the "textile industry corridor" is revitalized again.

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< p > Lancaster County, South Carolina, was once a famous textile industrial base in the United States.

The rise and fall of the local textile industry is a portrayal of the shift of us factories to overseas and the decline of manufacturing industry under globalization.

Founded in 1887, springs, Lancaster, Ford, closed the last bedsheet factory in the county in 2007, announcing the end of the 120 year history of the textile industry in the county.

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Less than P, however, 6 years later, the textile industry has returned, and this is the reason for the return of Chinese enterprises.

In December 2013, Zhejiang Cole group, a Chinese textile enterprise, announced that it would open its first overseas factory in Lancaster County, the first manufacturing plant established by Chinese textile enterprises in the US.

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< p > in recent years, Chinese enterprises have increased rapidly in investment in the United States, and the areas involved are more comprehensive. The primary industry, the second industry and the third industry have all been involved. The investment in the primary industry and the second industry is particularly prominent.

Specific investment areas can be subdivided into resources, agriculture, infrastructure construction and service industries.

In the field of resources, China's investment in the US mainly focuses on oil and shale gas development, while the regional distribution is mainly concentrated in the energy rich Houston region.

The manufacturing sector is one of the areas where Chinese capital is more involved. Investment is mainly concentrated in the west coast of California.

The investment of Chinese enterprises in the service sector is mainly concentrated in New York and other metropolises.

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< p > there are three main reasons for the rapid growth of Chinese enterprises' investment in the US: first, Chinese enterprises have intensified their M & A efforts in the US in recent years, which is not only beneficial for Chinese enterprises to enter the US market, but also helps them learn American production technology and raise their production level.

Second, brand mergers and acquisitions are increasing.

Brand mergers and acquisitions are mainly concentrated on industries that are gradually stripped by manufacturing enterprises, which are beneficial to the introduction of advanced technology and management mode by Chinese enterprises.

The third is the deepening of investment and mutual benefit. Chinese enterprises' investment in the US, especially greenbelt investment, has created employment opportunities for the local economy, which is very important for the recovery of the US economy.

Investment in the United States has become a direction for Chinese enterprises to invest abroad, and this trend will continue.

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