Home / Knowledge / News / Apparel/Garments / Wage increase troubles Chinese garment sector
Wage increase troubles Chinese garment sector
10
Apr '13
The increase in wages of labour has added to the difficulties faced by the Chinese apparel sector.
 
The increase in domestic wages, along with a slight increase in RMB exchange rate, has resulted in declining competitiveness of the Chinese garment industry in international market.
 
As a result, the volume of export orders for garments priced under US$ 5 decreased gradually in 2012. It was because some buyers shifted placing their orders to other countries which they found to be more attractive due to low wages there.
 
For example, the monthly salary of garment workers in Myanmar is US$ 40, while it is US$ 70 in Bangladesh, which is same as the wage levels that existed in China about 20 years ago.
 
Experts expect the trend of shift in orders from China to other countries, especially for low-priced garments, would continue in coming years.
 
In addition to decreasing competitiveness in export market, Chinese clothing sector is also facing a difficult situation in domestic market.
 
Last year, domestic consumption in China was impacted by the country’s economic situation, and retail sales, including sales at department stores, were not optimistic.
 

Fibre2fashion News Desk - China


Must ReadView All

US & EU retailers release industry approach to GDPR

Apparel/Garments | On 24th May 2018

US & EU retailers release industry approach to GDPR

The Washington, D.C.-based National Retail Federation and...

Global cotton consumption to reach record in 2018-19: USDA

Textiles | On 24th May 2018

Global cotton consumption to reach record in 2018-19: USDA

Reflecting continued growth in the global economy, world cotton mill...

Courtesy: Nanollose

Textiles | On 24th May 2018

Nanollose develops fabric from coconuts

Australian technology company Nanollose has developed a sustainable...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search