Domestic Textile And Garment Processing Links To Some Parts Of Vietnam, Kampuchea And Other Countries.

After the pfer of domestic textile and garment processing links to parts of Vietnam and Kampuchea, the situation of local labor costs has risen rapidly.

Domestic experts represented by Professor Yifu Lin believe that the African continent with abundant young labor resources and low price is the ultimate destination for the pfer of labor-intensive industries.

Whether Africa has the potential to undertake China's textile and garment industry? In search of the answer, Vice President Gao Yong led the Chinese Textile Industry Federation in April of this year to organize representatives of some industry associations and key enterprises in Ethiopia. A total of 14 people went to the textile and garment industry to conduct special investment research.

During the period, delegations and

The prime minister, the Ministry of industry, the Ministry of agriculture, the investment committee, the textile development department and the Ethiopian Textile Manufacturers Association held separate or joint work meetings.

In addition, the delegation also visited the Oriental Industrial Park invested by Chinese private enterprises and the Bole Lemi Industrial Park invested by the Ethiopian government, and visited Turkey Ayka group for investment.

Enterprise Ayka Addis and some Korean enterprises.

Through discussions with Ethiopian government departments, as well as field visits to industrial parks and enterprises, the delegation had a comprehensive understanding of Ethiopia's investment environment and policies for attracting foreign investment and made great progress in Ethiopia's development of textile and garment industry.

I hold a firm view.

The textile and garment industry in Ethiopia is still in its infancy.

Ethiopia currently has less than 100 textile and apparel enterprises, and small and medium-sized enterprises account for the overwhelming majority.

In the 2012-2013 fiscal year, exports of textiles and clothing amounted to US $99 million.

The yarn production capacity in 2013 was 370 thousand tons and 80 million garments.

In the world textile and apparel supply chain, Ethiopia is still on the edge.

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Cross border export electricity providers will not only face different consumers, language differences, cultural consumption habits, demand is difficult to grasp, there are different marketing environment, logistics and payment challenges and so on.

In 2011, Qiming venture Tong Shihao took the Flipkart of India version of Jingdong to study in China. At that time, the founder of Flipkart invited Jingdong to invest, and Liu Qiangdong refused because it was too expensive.

By the end of 2014 the latest round of financing, flipkart valuation has reached as high as 10 billion dollars.

Missing flipkart, Jingdong missed the opportunity to enter the world's second largest population market.

In May 15, 2015, Jingdong international business department signed a strategic cooperation agreement with the Russian version of Shun Feng SPSR company to provide logistics services for Jingdong to carry out cross-border e-commerce business in Russia. Jingdong will then launch a Russian website.

Before, Jingdong's Russian strategy was not done by itself, but by investment and acquisition. Now it is replaced by a sub optimal scheme. One is that the target is very expensive. One is after a half a year's negotiations, at the end of 2014, due to the sharp fluctuations of the rouble exchange rate, the paction failed.

Despite seemingly frequent movements, it is doubtful whether Jingdong can complete the goal of Jingdong internationalization.

Jingdong has been talking about internationalization for three or four years, feeling a little early in the evening.

We hope to spend 42 dollars and spend less money on the international market with the mentality of speculators. The cost of time and opportunity is very high.

In May 8th, Alibaba announced the quarterly report for the fourth quarter (1~3 months). The revenue from international retail business (fast selling) was 437 million yuan (US $70 million), up 53% from 285 million yuan in the same period last year.

Entering the global electricity supplier market is one of the core strategies of Alibaba in the future.

Ali adopted two strategies to speed up sales in Russia, Brazil, Argentina and other markets, which is also a weaker market for Amazon and eBay.

In the global electricity supplier's leading US market, active investment in M & A is the main investment: in 2013, it invested in the official sports products of the United States sports franchise product e-commerce online retail companies Fanatics and logistics service provider "little green people" ShopRunnner, invested in mobile application search engine Quixey; in January 2014, 15 million US dollars invested in American luxury electric business 1stdibs, June 249 million US dollars to invest in Singapore Post; 2015 investment to help traditional retailers online jet mall, 56 million US dollars to invest in zulily.

Whether Alibaba builds its own platform or investment layout is much earlier than Jingdong, and its investment is much larger.

In the next three to five years, Jingdong will still be a local supplier of Chinese e-commerce, while Ali is rapidly becoming a global e-commerce platform.