Nantong Promotes Textile And Garment Enterprises To "Go Out"
near On the same day, the Nantong Municipal Foreign Trade and Economic Cooperation Bureau held the "going out" promotion conference of Nantong textile and garment enterprises, introduced the overseas investment policy, and introduced the investment environment of Vietnam, Kampuchea and Holland to the textile and garment enterprises in the whole city.
Under the combined influence of RMB appreciation and labor cost rising, the efficiency of textile and garment enterprises in Nantong has declined, and some enterprises have suffered losses. In order to improve the current predicament, in addition to training hard, improving product quality and reducing costs, the implementation of "going out" to overseas investment is also an effective way to enhance the competitiveness of the textile and garment enterprises in the city. At present, enterprises such as South of Jiangsu and Wenzhou have achieved good results in implementing the "going global" strategy.
At the conference, officials from Holland Foreign Investment Bureau, Kampuchea Sihanouk Special Economic Zone, and Vietnam Qianjiang investment company introduced the local investment environment and policies. Jiangsu Diao Garment Group Co., Ltd. introduced overseas investment experience. More than 60 garment enterprises took part in the promotion activities.
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