China'S Supply Chain Advantages Make It Difficult For Asian Rivals To Compete.
According to Reuters news August 26th, it is far away from China's Pearl River Delta.
World factory
"The South Asian subcontinent, the rising textile industry in Bangladesh, is trying to challenge strong Chinese peers. However, China's strong supply chain advantages make it difficult for this competitor to compete with China.
Bangladesh is rapidly becoming the world's lowest end, the report said.
textile
And clothing
Supply chain
The textile product accounts for 80% of its total annual export volume of US $15 billion 600 million.
However, in the eyes of the world, the low land country with a population of 155 million has always been known for seasonal floods and other natural disasters.
Poor infrastructure, frequent power outages, backward port turnover efficiency and other weak logistics support have hindered Bangladesh's export growth.
The only advantage is the very low wages of workers.
Moreover, compared with China, Bangladesh's proportion in global clothing exports is still negligible.
For a country like Bangladesh, even if it wants to catch up with China in the low-end manufacturing industry, it will not be easy. One of the big reasons is that China has a large and advanced supply chain.
Take the Pearl River Delta Dongguan as an example, the past small bridges and pastoral scenery have been replaced by many interdependent and interdependent factories.
With the support of modern roads, ports, airports and railways, these factories form a huge supply chain system.
Hongkong, the financial center not far away, has become the external gateway of the supply chain.
Moreover, for the competitors such as Bangladesh and Vietnam, the lack of supply chain also made them vulnerable to the strong RMB exchange rate, because many factories there rely heavily on downstream raw materials imported from China.
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