www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Make me your Homepage
left corner left corner
China Daily Website

Low Ethiopian labor cost attracts Chinese investors

Updated: 2013-12-31 07:43
By Yao Jing ( China Daily)

More companies are shifting part of their production lines to the African nation to save money and also tap new markets, Yao Jing reports

China's active involvement in Ethiopia's infrastructure, such as construction of roads and bridges, has been in the spotlight. Recently, Chinese investors' rising interest in the plateau country's labor intensive industries - a mixture of leather, steel and automobiles - is coming into sharper focus.

Against a background of rising labor costs and risky excess capacity in the domestic manufacturing sector, some Chinese producers are shifting part of their production lines to Ethiopia to lower costs and also tap new markets.

Unlike the noisy and dusty capital Addis Ababa, which is full of construction sites, driving 30 kilometers southeast to the Oromia region, the Eastern Industrial Zone presents a much more industrial look with tidy buildings, orderly workshops and international companies.

Winning the bid to be Second Overseas Economic Cooperation Zone in November 2007, sponsored by China's Ministry of Commerce, it now accommodates 18 companies in its finished 23,300 square kilometers since the first tenant moved in back in 2011.

"As the industrial sector in Ethiopia is almost a blank slate, the transition of Chinese producers is not only driving the country's industrialization process, but also helping Chinese manufacturers out of a dilemma," said Qian Zhaogang, commercial counselor at the Chinese Embassy in Ethiopia.

Two-way trade between China and Ethiopia jumped 56.3 percent to $1.84 billion in 2012. China's major exports to Ethiopia were mechanical and electrical products, textiles and garments, while Ethiopia was mainly shipping sesame, leather and cotton to China, according to the Ministry of Commerce.

By the end of 2012, China's outbound foreign direct investment in Ethiopia totaled $600 million, focusing mainly on industrial zones, automobiles and leather.

Apart from the Eastern Industrial Zone's recent contract with multinational consumer goods company Unilever Plc, which rents a workshop covering 5,000 square meters, it is breeding Chinese producers, including footwear maker Huajian Group, automobile producer Lifan Group and Eastern Steel Co Ltd.

Low Ethiopian labor cost attracts Chinese investors

"We can make 1.5 million pairs of shoes every year. Most of them are exported to the United States and Europe.

That accounts for 90 percent of our production," said Wei Yongquan, general manager at Huajian International Shoe City (Ethiopia) Plc.

One order for high-heeled black sandals, labeled in the US as the fashion brand Guess, had just been completed and was awaiting packaging and shipping.

All of the workers in the busy workshop were local young people.

"We employ 3,300 local people. Their average age is 22," said Wei.

Previous Page 1 2 3 Next Page

 
8.03K
 
...
主站蜘蛛池模板: 日本aaaa精品免费视频 | 成人网在线视频 | 国产美女精品一区二区三区 | 国产成人精品高清在线 | 国产日韩美国成人 | 亚洲专区在线 | 亚洲色色色图 | 成人网18免费 | 久久爽久久爽久久免费观看 | 国产亚洲人成网站在线观看不卡 | 成人免费视频一区二区三区 | 夜夜操影院 | 波多野结衣在线观看3人 | 国产精品一一在线观看 | 国产精品合集一区二区 | 国产精品亚洲一区在线播放 | 国产波多野结衣中文在线播放 | 国产网红自拍 | 欧美一级特黄一片免费 | 国产在线一区二区三区四区 | 国产手机国产手机在线 | 特级aa一级欧美毛片 | 伊人久久大香线焦在观看 | 欧美日韩免费一区二区三区 | 国产性大片黄在线观看在线放 | 日韩在线观看一区二区三区 | 日本一级毛片片在线播放 | 亚洲精品国产精品精 | 色女生影院 | 中文字幕欧美一区 | 久久思思爱 | 国产四区 | 欧美激情精品久久久久 | 在线成人免费观看国产精品 | 草草影院ccyy免费看片 | 日产日韩亚洲欧美综合搜索 | 美女曰皮| 99精品久久99久久久久久 | 又摸又揉又黄又爽的视频 | 国产玖玖在线观看 | 91成人啪国产啪永久地址 |