Miami International Luxury Conference Focuses On Cross-Border Cooperation

The international luxury goods conference will be held in December.

The global luxury leather goods and footwear brand will be present.

Creative President Frida Giannini and Tod s president Diego Della Valle appear in the list of speakers of the conference.

"This session will focus on

Drive the value of luxury industry development. "

Related aspects said, "the agenda of the conference will focus on cross industry cooperation, new technology, luxury brand charity, and artists and enterprises will gain a lot."

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"A considerable number of enterprises need to be pferred out, which is inevitable from the perspective of economic laws."

On the afternoon of October 31st, Professor Yifu Lin, honorary president of the National Development Research Institute of Peking University, chief economist of the world bank, standing committee of the CPPCC National Committee, counselor of the State Council, and former senior vice president of the world bank, went to the Huadu District of Guangzhou to investigate.

In a discussion with leather leather entrepreneurs, Yifu Lin said leather and leather enterprises could pfer to countries with lower wages abroad, so as to achieve "win-win".

District Deputy Secretary, district head Lin Zhongjian, deputy district mayor Luo Ganzheng, city and district departments, Shilin Town responsible person, and nearly twenty entrepreneurs participated in the activities.

On the same day, Yifu Lin inspected the overall development status of Shiling leather leather city, and understood the sales channels and brand creation of Shiling leather goods industry in detail.

In the following symposium, "how can we catch the train of big data?" "we are trying to make brand, but lack of leveraging funds". "Labor costs continue to rise, our enterprises need to survive, how to pform and how to upgrade?"

The entrepreneurs at the meeting threw Yifu Lin a lot of problems in their own development.

Yifu Lin listened carefully to the current development of these enterprises and the future development thinking of the enterprises. Combined with his own research on the history of world economic development, he pointed out the way for Shiling leather and leather enterprises to find a way out.

Yifu Lin believes that the brand is impressive and can be mentioned by people. There are more than 10000 enterprises in Shiling.

Most of these enterprises are not able to make brands at present.

The way out for most of these enterprises is to take advantage of the existing capabilities to go out and shift to low wage countries.

He believes that this is inevitable in the economic laws.

Yifu Lin believes that these enterprises can be pferred to Africa.

"At present, the level of development in Africa is equivalent to the level of development in China in 80s, and local wages will not rise at least ten years.

The obvious advantage it can offer is the "labor cost depression".

Leather leather companies that do not have the ability to do brands can take advantage of existing capital, technology and other capabilities to pfer Africa as a production base and then to other countries.

"Shifting to low wage countries is not only the leather and leather enterprises of Shiling, but also the inevitable trend for Guangdong and China's labor-intensive industries."

Yifu Lin believes that the shift of labor-intensive enterprises to the local government and enterprises is mutually beneficial and win-win.

For the locals, it is conducive to increasing industrial pformation and upgrading opportunities and "changing the cage and changing birds"; and for enterprises, it is a chance to shine another life. Large enterprises can continue to grow bigger and small and medium-sized enterprises have the chance to grow bigger.

On the other hand, if these enterprises pfer to low wage cost countries, they will be good opportunities for development of those countries.

With the rise of wage costs in China, the traditional labor intensive industries can be pferred to countries with low wage costs, so that these countries can achieve industrialization and modernization and drive them rich.

Yifu Lin said that enterprises can seek corresponding help and support from the government and relevant departments.